BUSINESS

Some relief for Nayara! Microsoft restores IT services to Russia-backed Indian oil refinery; US company abruptly halted operations after EU sanctions

Microsoft has restored IT services to Nayara Energy, an Indian oil refinery backed by Russia, after a lawsuit was filed due to service suspension following EU sanctions. The sanctions have significantly impacted Nayara's operations, leading to reduced refinery activities. Microsoft confirmed the restoration of services after Nayara's lawyer informed a New Delhi court that the matter had been resolved.

TIMES OF INDIA
18 hours ago
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