The CBI has booked London-based Rolls Royce and its Indian subsidiary for allegedly engaging services of an agent in India to get contacts from Navratna Public Sector Undertaking HAL, ONGC and GAIL, officials said on Tuesday.
The company had got contracts worth Rs 4,736 crore from HAL between 2000 and 2013 besides contracts of supply of spare parts for GAIL and ONGC, they said.
It is alleged that Rolls Royce engaged the services of an agent in spite of signing an integrity pact which bars such arrangements, they said.
The action comes five years after a long preliminary enquiry by the agency, the officials said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app