India’s Asteria, the Reliance unit at the centre of a bribery scandal
NEW DELHI, April 24 (Reuters) – A bribery investigation by India’s federal crime-fighting agency has put a spotlight on drone technology company Asteria Aerospace, a little-known unit of billionaire Mukesh Ambani’s Reliance Industries. The Central Bureau of Investigation arrested officials from India’s aviation watchdog and Reliance Industries earlier this week, alleging bribery payments to secure approvals for certain drone imports. Reliance has previously said it did not authorise nor was aware of any such transactions, while the lawyer for the aviation watchdog’s official has opposed his custody. THE DRONES BUSINESS India’s drone industry has been on a growth trajectory since