CBI registers case against Hyderabad-based company


The CBI has registered a case of cheating and corruption against Hyderabad-based VNR Infrastructures Ltd and its Managing Director V Narayana Reddy for allegedly causing loss of Rs 205 crore to Industrial Finance Corporation of India (IFCI) by loan default.

CBIThe CBI today carried out searches at multiple locations in Hyderabad, Bangalore and Nellore in connection with the case.

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