IT firm Rolta India would sell 50percent stake in the joint venture firm Shaw Rolta

IT firm Rolta India would sell 50percent stake in the joint venture firm Shaw RoltaIT firm Rolta India would sell 50percent stake in the joint venture firm Shaw Rolta for more than Rs 150 cr , It’s learned that Rolta India may go into a JV with a foreign-partner for nuclear_ plant. Nevertheless, Rolta has rejected to comment on the progress.

Rolta India will exit the JV firm after 6 yrs. In 2004 it had invested* Rs 50 lk in the JV with a USbased firm Shaw Group.

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