Profit

Plan to Hive off Defence Business: Rolta India

PUBLISHED ON: August 17, 2015 | Duration: 6 min, 35 sec

  
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K K Singh, CMD of Rolta India, said they plan to hive off their defence business into a separate wholly owned subsidiary in this financial year. Defence contributes about 15 per cent to the company's revenues, but has the potential to grow manifold, he added.
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