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RIL slips on a suspected case of corporate espionage

One of the employees of RIL was arrested by the Delhi Police for illegally sourcing government documents

SI Reporter mumbai
Shares of Reliance Industries (RIL) dropped over 2.7% to Rs 877 on the BSE after one of its employees was arrested by the Delhi Police for illegally sourcing government documents. 

Two Petroleum Ministry employees were among five persons arrested for allegedly leaking confidential government documents to private companies, Delhi Police said today.

RIL immediately issued separate clarification saying it had launched an internal probe after coming to know that “one personnel has been detained by law-enforcement authorities”.

Delhi Police commissioner B.S. Bassi said the documents had been photocopied and leaked in return for money and the investigators will soon detain the recipients of the papers.
 

As per reports, the Delhi Police carried out raids at Shastri Bhavan and nabbed the two – one a peon and the other is a clerk. CLICK HERE FOR FULL REPORT

The stock opened at Rs 897 and touched a low of Rs 872 on the BSE. A total of 256,422 shares changed hands on the BSE so far.

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First Published: Feb 20 2015 | 11:06 AM IST

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