|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.8100 - 1.8500|
|52-week range||0.7100 - 1.9400|
|Beta (5Y monthly)||1.68|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||30 Nov 2020|
|1y target est||N/A|
India’s top investigative agency has filed a criminal complaint accusing Rolls-Royce and BAE Systems of engaging in corruption over historic deals to supply fighter jets to the country. The Central Bureau of Investigation alleged that the companies had between 2003 and 2012 engaged in a “criminal conspiracy” to “cheat the government of India” over deals to manufacture dozens of BAE’s Hawk aircraft, which used Rolls-Royce engines. The complaint revives historic allegations of wrongdoing against Rolls-Royce, which in 2017 reached a deferred prosecution agreement with the UK’s Serious Fraud Office following a years-long investigation.
NEW DELHI (Reuters) -India has filed a graft case against Britain's BAE Systems plc and Rolls-Royce Holdings for "criminal conspiracy" in the procurement and licensed manufacturing of 123 advanced jet trainers, a federal police document showed. The case is based on the findings of an investigation launched by India's Central Bureau of Investigation (CBI) in 2016, the document dated May 23 said. Rolls-Royce said the allegations being investigated were disclosed back in 2017, when it paid a 497 million pound fine to Britain's Serious Fraud Office (SFO) to settle a case involving transactions with countries including China, India and Thailand.
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Britain's Rolls-Royce said its 500-million-pound small modular nuclear reactor programme will run out of cash by the end of 2024, risking development of technology the government has said could boost energy security and reach climate targets. Britain is aiming to replace ageing nuclear plants as all but one of its sites, which generate around 13% of the country's electricity, are due to close by 2030. New large-scale nuclear projects with huge up-front costs have struggled to attract investment, putting the focus on smaller, cheaper reactors which the government said have export potential.
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Rolls-Royce CEO Torsten Müller-Ötvös joins Yahoo Finance Live to discuss 2022's historic sales year, the expectations for the fully-electric Spectre vehicle, the luxury consumer demand, recession immunity, transforming the brand to be completely electrified by 2030, and the outlook for profit growth in 2023 and 2024.
By Scott Kanowsky
Rolls Royce has long been at the vanguard of Britain's nuclear industry, with more than half of the UK’s £385m fund to support advanced projects in the field allocated to Rolls’s mini-nukes programme.