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Jai Corp s Virendra Jain makes highest bid for Rolta India

The company received nine bids mostly ranging between ₹500 crore and ₹700 crore to settle the total debt of the company which amounts to ₹14,000 crore, these people said. Jain s bid includes some conditional payments linked to insurance claims filed by Rolta and also recoveries from certain fraudulent transactions by the erstwhile promoters, these people said.

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