Home »
videocon News
videocon

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.
More >
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
More >

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.
More >

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.
More >

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 .
More >

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.
More >

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.
More >

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
More >

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.
More >
