Dr Reddy's Laboratories shares opened in the red on June 10 after the US Food and Drug Administration (USFDA) issued a form 483 with four observations for its API manufacturing facility.

While Revanth Reddy would argue that this is the oxygen of development Telangana needs, the irony is that he has attempted to take out the green lungs of Hyderabad in an ugly surgical strike using JCB ...