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Reliance Infrastructure
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In the news
5 Indian stocks show 30%+ free cash flow yields amid rising US yields
Reliance Infra Shares Fall 10% in Week Amid ₹3,000 Cr PMLA Case
Reliance Infrastructure Q1 profit surges 521% to ₹371.78 cr
ED Charges Reliance Infra in ₹187 Cr NHAI Toll-Road Scam
Reliance Infra shares jump 15% in 3 sessions despite CBI FIR
Bank stocks fall 5% after Q1 results; Nifty breaks key resistance
NPCIL denies Kudankulam data breach, calls leaked files conventional
Reliance Infrastructure Hits 4% Lower Circuit for Fifth Session
Reliance Infra arm cuts ₹1,100 cr debt via NARCL deal
SEBI's Rejection of Reliance Infra Settlement: A ₹6,526 Crore Wake-Up Call
Court Remands Ex-Reliance MD Sateesh Seth to 14 Days Custody
ED Remands Former Reliance Group MD Sateesh Seth for 6 Days
Reliance Infra hits 5% upper circuit, up 33% in 6 days
Reliance Infrastructure stock crashes 79% despite AI subsidiary launch
Reliance Infrastructure Seeks Review of IBC Trading Curb
Reliance Infra faces ₹77.86 cr bank lien over FEMA violations
Reliance Infrastructure hits 5% lower circuit on 79% Q4 profit decline
Reliance Infra Q4 profit crashes 79% YoY to ₹918 cr
Company insights, generated from the most recent coverage.
CBI chargesheet implicates company in Rs 9,280 Cr fund diversion scheme via RCFL, highlighting persistent legal entanglements despite resolution process.
The Rs 187 crore fraud was a targeted exploitation of project-specific contractual loopholes via fictitious sub-contracting, contrasting with the systemic corporate-level fraud seen in other group entities.
Rs 187 crore diverted from four NHAI toll-road projects via sophisticated layering through shell entities and diamond traders. Fraud executed in a concentrated 2-month window (Sep-Oct 2010) using back-dated documentation and controlled EPC contractors.