Videocon Group

The latest decision has been taken after Dhoot failed to pay the fine imposed on him in March by Sebi for not making disclosures about his interest in Supreme Energy as well as for not disclosing that Quality Techno Advisors Pvt Ltd (QTAPL) and Credential Finance Ltd (CFL) were related parties with respect to certain transactions.

ICICI Bank loan fraud: CBI files charge sheet against Kochhars, Dhoot

Opposing the CBI’s plea for remand, senior advocate Amit Desai, appearing for the Kochhars, had brought to the court’s notice a letter ICICI Bank wrote to the CBI in July 2021 stating that it incurred no wrongful loss in any of the transactions under question.

ICICI Bank Ex-CEO Chanda Kochhar, husband move HC, call arrest in fraud case 'illegal'

A lawyer representing the Kocchars said that no prior sanction, as required under the law, was obtained by the CBI before their arrest.

NCLAT admits Venugopal Dhoot petition against Anil Agarwal's Twin Star takeover bid

The appellate tribunal has issued notices to the resolution professional, lenders and Twin Star Technologies directing them to file a reply by September 17.

Venugopal Dhoot moves NCLAT against Anil Agarwal's Twin Star takeover bid for Videocon group

Dhoot has requested NCLT's order approving Twin Star Technologies' resolution plan to be cancelled and fresh resolution plan to be considered with Oil and Consumer Durable assets.

In a first, NCLT allows 13 Videocon group cos to be clubbed

While the nascent domestic bankruptcy law is silent on consolidating different the books of insolvent companies, citing larger interest of lenders and other stakeholders, the Mumbai bench drew examples from British and American bankruptcy laws.

NCLT Mumbai asked to pass order on insolvency against Videocon companies in 3 weeks

The NCLAT said that taking into consideration the nature of the matter, the National Company Law Tribunal Mumbai should pass an order within three weeks over the insolvency plea filed by banks.

Bank of Maharashtra to auction assets of Videocon Group's Unity Appliances

Videocon Industries and its promoter Venugopal Dhoot and P N Dhoot are guarantors to Unity Appliances, as per the public notice put out by BoM.

CBI seeks additional documents from ICICI Bank in Videocon loan default case

The agency is going through hundreds of pages of documents seized by it during searches, besides loan records, communication exchanges, meeting discussions, etc. related to the details before it will prepare a questionnaire for the accused.

Haier, Blackstone, Goldman Sachs may bid for Videocon’s electronics business; deal valued at $2bn

Suitors may be expected to put together a single resolution plan for all 15 entities subject to relevant approvals from the courts

Banking sector this week: ICICI Bank CEO Chanda Kochhar may have to explain or step down

With much at stake for ICICI Group as an institution, the board may have to make more amends to restore faith of investors and depositors in the bank and towards its CEO.

ICICI Bank to NSE: No material lapse found in Videocon Group controversy

NSE asked ICICI Bank if the matter had been placed before the audit committee and the whistle blower committee.

Videocon Group-ICICI Bank loan controversy: Chanda Kochhar faces her biggest test in final lap of storied career

Chanda Kochhar is known to be quite an “assertive” boss but some of those who know her say she is a professional person and one who knows when to say “no”.

Videocon-ICICI Bank controversy: CBI registers preliminary enquiry

The preliminary enquiry was registered a month ago and it is the first step to verify allegations of corruption

Dish TV gets CCI nod for merger with Videocon d2h

"The CCI has intimated the company that it in its meeting held on May 4, 2017, considered the proposed combination and has accorded its approval to the said combination," the company said in a statement.

ONGC's USD 2.4-bn Mozambique deal under Oil Min scanner

ONGC's USD 2.475 billion purchase of Videocon Group's 10 per cent stake in a giant Mozambique gas field has come under the Oil Ministry's scanner following allegations that the PSU may have overpaid about USD 200 million, charges that the company vehemently denied.

Bad loans: Mallya not the only one giving banks sleepless nights

For the past week the 9,000 crore rupee loss that Vijay Mallya has caused the banking system has dominated headlines and mind space.

Videocon Telecom to invest Rs 120 crore in current fiscal

As part of its efforts, the company roped in Bollywood actress and model Gauahar Khan as its brand ambassador.

ONGC's stake buy in Mozambique saw seller make huge profits

Under the head 'Divestitures', the company said it made net gains of USD 1.891 billion from sale of stakes in 2014.

ONGC Videsh-Oil India complete Videocon stake acquisition

Sources said OVL will raise another USD 2.6 billion for the Anadarko payments.

OVL's 10% Anadarko stake will bode well long-term: Quant

According to Gagan Dixit, there is a huge potential that 10 million tonne LNG can go up to 30-40 million tonne and an upside is possible for the ONGC, but only in the long-term.

OIL to tap overseas mkts to fund Mozambique block buy

Oil India plans to raise 80-90 percent of $1 billion through overseas debt

Will continue to be in oil biz; keen on bank foray: Dhoot

Videocon Group's Rajkumar Dhoot says, in an interview to CNBC-TV18 after Videocon's sale of stake to ONGC, that the group will continue to operate in the oil sector and is keen on a foray into the banking space.

Videocon`s D2H arm gets Sebi nod for Rs 700 cr IPO

Bharat Business Channel, direct to home TV arm of Videocon Group, has received the go-ahead from market regulator Sebi for its proposed Rs 700 crore initial public offering.

Sebi seeks clarification on Videocon's D2H arm IPO

Market regulator Sebi has sought clarifications from the merchant banker of Bharat Business Channel, direct to home TV arm of Videocon Group, regarding the company's proposed Rs 700 crore public offering.