Amazon has reportedly laid off around 250 employees in its devices and services division as it streamlines operations and aligns staffing with product priorities. The cuts follow nearly 1,000 job reductions in its retail division earlier this month, amid widespread layoffs across the global technology sector

Indian equity markets opened on a flat note on Thursday, with the Sensex rising 159 points to 73,405 and the Nifty gaining nearly 46 points to trade around 22,745. Elevated crude oil prices, corporate earnings and uncertainty over the US Federal Reserve’s monetary policy outlook kept investors cautious