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ICICI Bank-Videocon loan fraud case: Videocon Group founder Venugopal Dhoot gets interim bail

ICICI Bank-Videocon loan fraud case: Videocon Group founder Venugopal Dhoot gets interim bail

Fri, Jan 20, 2023

The bench also refused the CBI's request to stay its order so that it could approach the Supreme Court in appeal.

NCLAT junks Anil Agarwal-led firm's takeover of Videocon, calls for fresh bids

NCLAT junks Anil Agarwal-led firm's takeover of Videocon, calls for fresh bids

Wed, Jan 05, 2022

A bankruptcy appeals court on Wednesday scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks.

NCLAT asks NCLT to provide hearing opportunity to 2 top Videocon Telecom execs whose bank a/cs were frozen

NCLAT asks NCLT to provide hearing opportunity to 2 top Videocon Telecom execs whose bank a/cs were frozen

Sun, Oct 24, 2021

The NCLAT observed that as per the National Company Law Tribunal Rules, 2016, both the appellants - Arvind Bali and Satpal Bansal - former CEO and CFO of the debt-ridden company, were not provided an opportunity of hearing and to file their reply by NCLT

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Videocon case: Sebi slaps Rs 75 lakh fine on Venugopal Dhoot, two other entities for insider trading activities

Videocon case: Sebi slaps Rs 75 lakh fine on Venugopal Dhoot, two other entities for insider trading activities

Tue, Sep 28, 2021

Sebi has imposed fines totalling Rs 75 lakh on industrialist Venugopal Dhoot and two other entities for insider trading activities in the shares of Videocon Industries.

NCLT directs freezing, attaching assets of Videocon promoters

NCLT directs freezing, attaching assets of Videocon promoters

Wed, Sep 01, 2021

The National Company Law Tribunal (NCLT) has directed to freeze and attach assets and properties of Videocon promoters following a petition by the Ministry of Corporate Affairs.

NCLAT stays Anil Agarwal-led Twin Star's takeover bid for Videocon Industries

NCLAT stays Anil Agarwal-led Twin Star's takeover bid for Videocon Industries

Tue, Jul 20, 2021

The National Company Law Appellate Tribunal on Monday stayed industrialist Anil Agarwal-led Twin Star Technologies' Rs 2,962.02 crore-takeover bid for debt-ridden Videocon Industries over the pleas filed by two dissenting creditors.

KPMG-Videocon partners with 247around for Pan India after-sales servicing

KPMG-Videocon partners with 247around for Pan India after-sales servicing

Mon, Jul 15, 2019

KPMG, Videocon’s resolution professional, has handed over Videocon's all India after-sales services to 247around, a digital post-purchase home appliance servicing platform.

ED quizzes Chanda Kochhar, Deepak Kochhar into Rs 1,875 Cr Videocon loan case

ED quizzes Chanda Kochhar, Deepak Kochhar into Rs 1,875 Cr Videocon loan case

Mon, May 13, 2019

The ED on Monday questioned former ICICI Bank MD and CEO Chanda Kochhar and her husband Deepak Kochhar for over nine hours into Rs 1,875-crore Videocon loan case.

Decoded! ICICI Bank ex CEO Chanda Kochhar shocked again! Take a peek into this terrifying nightmare

Decoded! ICICI Bank ex CEO Chanda Kochhar shocked again! Take a peek into this terrifying nightmare

Thu, Jan 31, 2019

ICICI Bank ex CEO Chanda Kochhar, one of the most powerful women in the world, received the shock of her life when she was officially sacked on Wednesday. But did you know it all started 10 years ago and has to do NuPower Renewables which was managed by Chanda’s husband Deepak Kochhar and Videocon, led by the Dhoots .

New whistleblower rises against ICICI Bank, makes big declaration; all details here

New whistleblower rises against ICICI Bank, makes big declaration; all details here

Sat, Jun 23, 2018

ICICI Bank has reported about a new whistleblower to stock exchanges after market hours on Friday. The stock price of ICICI Bank had closed at Rs 300.85, up by 1.11%.

Videocon blames PM Modi, court and Brazil for $579 mn bad debt pile

Videocon blames PM Modi, court and Brazil for $579 mn bad debt pile

Tue, Jun 12, 2018

A bankruptcy court admitted an insolvency petition filed by creditors, led by State Bank of India against Videocon, and ordered debt reorganizers to take over its management. That prompted the company to file an appeal to wrest back control, according to an exchange filing on Tuesday.

ICICI Bank-Videocon case: Disclose majority shareholder's identity, whistleblower to Nupower

ICICI Bank-Videocon case: Disclose majority shareholder's identity, whistleblower to Nupower

Wed, Apr 04, 2018

Supreme Energy Private Ltd owns 10.10 per cent, 0.04 per cent is held by Deepak Kochhar (also founder and CEO of NuPower) and 1.70 per cent by Sunil Bhuta, CFO & Head Corporate Finance of NuPower.

ICICI Bank-Videocon loan case: I-T dept issues notice to Deepak Kochhar

ICICI Bank-Videocon loan case: I-T dept issues notice to Deepak Kochhar

Tue, Apr 03, 2018

According to officials, notice has been issued to Deepak Kochhar under section 131 (power regarding discovery, production of evidence) of the I-T Act and he has been asked to furnish details of his personal finances, Income Tax Returns (ITRs) for the last few years and business transactions with the firm NuPower Renewables. The department, the officials said, has launched a probe into the finances of the company and those associated with it

Who is Deepak Kochhar - the link between ICICI Bank and Videocon?

Who is Deepak Kochhar - the link between ICICI Bank and Videocon?

Mon, Apr 02, 2018

Deepak Kochhar the Founder & CEO of the NuPower Group, has 20 years of entrepreneurial experience in the financial services & renewable energy sector.

Tough days for Chanda Kochhar; ICICI Bank faces investors heat over Rs 3,250 cr Videocon loan

Tough days for Chanda Kochhar; ICICI Bank faces investors heat over Rs 3,250 cr Videocon loan

Mon, Apr 02, 2018

ICICI Bank, which has been led by Chanda Kochhar since 2009, had sanctioned about Rs 3,250 crore to Videocon in 2012.

ICICI Bank's exposure in Videocon: Private lender rebuts rumours, says Chanda Kochhar did not sanction loan

ICICI Bank's exposure in Videocon: Private lender rebuts rumours, says Chanda Kochhar did not sanction loan

Thu, Mar 29, 2018

ICICI Bank was not the lead bank for the syndicated consortium management, as it had only sanctioned its share of facilities to about Rs 3,250 crore, which would be less than 10% of the total consortium facility in April 2012.

AGR definition sub-judice: Tata Tele on CAG report

AGR definition sub-judice: Tata Tele on CAG report

Sat, Dec 23, 2017

Tata Teleservices (Maharashtra) Ltd today said the definition of adjusted gross revenue on which licence fees and other charges are paid to the government is sub-judice and the recent CAG report on under payment is based on its own interpretation.

Reliance Jio, Tata Teleservices, others understate revenue by Rs 14,000 crore, says CAG

Reliance Jio, Tata Teleservices, others understate revenue by Rs 14,000 crore, says CAG

Wed, Dec 20, 2017

Tata Teleservices, Telenor, Videocon and Reliance Jio are among five telecom firms which have understated revenues by over Rs 14,800 crore, resulting in a short fall of nearly Rs 2,578 crore to the exchequer, government auditor CAG said today.

TV sets, microwave, others to cost more post Customs duty hike

TV sets, microwave, others to cost more post Customs duty hike

Tue, Dec 19, 2017

According to the government notification, Customs duty on television set has been raised to 20 per cent while on imported smartphones, the duty has been hiked to 15 per cent.

GST effect: Pay more to buy home appliances from today

GST effect: Pay more to buy home appliances from today

Sat, Jul 01, 2017

People planning to purchase white goods will have to shell out more money from today as most appliances and durable makers have increased their prices in the new tax regime under GST.

Bharti Airtel's deals with Videocon, Aircel approved: CCI

Bharti Airtel's deals with Videocon, Aircel approved: CCI

Fri, Jun 30, 2017

Under the deal, Bharti Airtel was to acquire the spectrum of Videocon Telecommunications Ltd (VTL) in six circles. In this regard, both had entered into a definitive agreement last March.

Bhushan steel, Jaypee Groups, Videocon and Jindal Group on RBI watchlist

Bhushan steel, Jaypee Groups, Videocon and Jindal Group on RBI watchlist

Tue, May 30, 2017

Bhushan steel,Jaypee Groups,Videocon,Jindal Group most heavily indebted firms across globe. RBI have asked banks to fasten the money collection process.

Here are 5 key things you should look forward to in India's real estate sector this week

Here are 5 key things you should look forward to in India's real estate sector this week

Tue, Mar 07, 2017

From DLF negotiating agreement with GIC Singapore for 40% equity sale to Videocon selling Fort House for Rs 300 crore to Dawat-e-Hadiyah to Mutual Funds (MFs) to give 15 days for exit option to REITs, InvITs investors and much more happenings in India's real estate sector this week.

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