Jai Corp’s Virendra Jain makes highest bid for Rolta India

Mumbai: Virendra Jain, vice-chairman of Jai Corp, has emerged as the highest bidder for the debt-laden Rolta India with a ₹725-crore bid that includes some conditional payments, people familiar with the process said. Jain is bidding in his personal capacity for the company that faces probes into alleged instances of fraud. The company received nine … Read more