Friday, Mar 29 2024 | Time 19:51 Hrs(IST)
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Business Economy


No raid over corporate espionage:ADAG Reliance

New Delhi, Feb 23 (UNI) Anil Ambani-led Reliance Group today said no search or raid has been conducted by police authorities at any office of the company anywhere in the country in the matter of alleged corporate espionage. \\"No search or raid has been conducted by police authorities at any office of the Reliance Group anywhere in India,\\" Anil Ambani Group (ADAG) said in a statement. However, it said work station of only one specific Reliance Power employee was searched. But \\"no incriminating material of any kind was found,\\" it said. The group said it is \\"not aware of the circumstances leading to the arrest of that employee, and Reliance Power is fully cooperating with the authorities. We are committed to propriety in all our business dealings, and do not support unlawful activities of any nature.\\" Meanwhile, shares of the group companies -Reliance Power,Reliance Capital, Reliance Infrastructure and Reliance Communications were trading lower. UNI PY PC PR CS1302
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UNI NK AKS.

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