Page 5 - Icici Videocon Loan Case

Videocon loan case: Sebi may seek forensic probe of ICICI Bank disclosures

Officials said the examination will also cover the disclosures made at the time of Chanda Kochhar being appointed as CEO and Managing Director of the bank for the first time in 2009

Credential Finance, set up by Kochhar bros, failed to repay Rs 300-mn loans

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

ICICI case: Fin Min looking at BBB member Pradeep Kumar's role at Avista

Avista Advisory was involved in the restructuring of loans of some ICICI Bank borrowers

Price Waterhouse's NuPower Renewables valuation under I-T department lens

Govt agencies probing funds raised from tax haven

Found no 'quid pro quo' in ICICI loans to Videocon 2 years ago: RBI docs

The RBI had undertaken a scrutiny in mid-2016 after the Prime Minister's Office referred to it allegations of ICICI Bank CEO Chanda Kochhar's husband

ICICI case: I-T dept suspects 'round-tripping' at Deepak Kochhar's NuPower

Seeks details from Singapore, Mauritius to substantiate its findings against ADSF, DH Renewables

ICICI loan enquiry: I-T dept sends second notice to Deepak Kochhar

The I-T sources said the replies given to it were not "complete" and lacked full information and Deepak Kochhar has been asked to submit other details by this week

Sebi initiates probe into alleged corporate governance breaches at ICICI

The Securities and Exchange Board of India (Sebi) has initiated an enquiry into the controversial Rs 32.5-billion loan sanctioned to the Videocon group by ICICI Bank, to check for possible lapses in disclosure and corporate governance norms. According to sources, the regulator has sought documents from the private sector lender on decisions of its board of directors on the loan. Sebi wants to know if the board was aware about the conflict of interest involving its managing director and chief executive officer, Chanda Kochhar. Sebi is also keen to know the stance of the independent directors when the board had approved the loan's restructuring. "The prime objective is to ensure timely and accurate disclosure of all information that is material to investor decisions, under Sebi's Listing Obligations and Disclosure Requirements (LODR) rules," said a person privy to the development.An e-mail sent to ICICI Bank by this publication did not elicit a response.The regulator suspects there ...

Chanda Kochhar's good and bad times at ICICI Bank as its MD & CEO

Banker probably faces the toughest challenge of her career over Videocon loan controversy

CBI is looking into transactions between Rajiv Kochhar and Videocon group

CBI is looking into transactions between Rajiv Kochhar and Videocon group

CBI grills Chanda Kochhar's brother-in-law Rajiv, NuPower directors

Rajiv Kochhar was questioned for the fourth consecutive day

Videocon loan case: CBI questions Rajiv Kochhar for the third day

Rajiv Kochhar was asked about the role of his company in the restructuring of the loan

Chanda didn't know of my tie-up with Venugopal Dhoot: Deepak Kochhar

Tie-up with Dhoot was one of my biggest mistakes, says Deepak Kochhar

ICICI-Videocon loan case: CBI questions Rajiv Kochhar for the second day

Sources say he was not cooperating fully with the central agency

Videocon loan case: On Day 2, CBI questions Rajiv Kochhar for 9 hours

Rajiv Kochhar, who appeared at the CBI office in Mumbai, was asked about various aspects of restructuring of the loan to Videocon

At Rs 16.25 mn, combined losses mounted for Kochhar firms in FY17

Two India-registered companies belonging to Rajiv Kochhar, brother of ICICI Bank managing director and chief executive Chanda Kochhar's husband, Deepak Kochhar, suffered combined losses of Rs 16.25 million in 2016-17, their highest in four years.The Avista Advisory group, a Singapore-based company owned by Rajiv Kochhar, is said to have helped ICICI clients in restructuring their foreign loans. On Thursday, the Central Bureau of Investigation (CBI) stopped Rajiv Kochhar at the airport here and questioned him. He was let go on Thursday but again called for questioning on Friday.Business Standard looked at the financial results for Avista Corporate Finance Advisory and Avista Advisory Associates, both India-registered companies belonging to Rajiv Kochhar. The former had losses in FY17 and FY15. Avista Advisory had losses in all four years, although the operations appeared limited. FY17 was the worst in losses for both in recent years. Avista Advisory Associates had revenue from Rs ...

ICICI Bank-Videocon loan case: Things to know about Rajiv Kochhar

Rajeev Kochhar's Avista Advisory is said to have helped ICICI Bank clients recast their foreign loans

CBI grills Avista Advisory's Rajiv Kochhar in ICICI-Videocon loan case

CBI sources said Rajiv Kochhar allegedly helped ICICI Bank in restructuring foreign currency convertible bond deals for 7 firms

Videocon paid ICICI Bank dues worth Rs 10 bn till December last year

NuPower will return loan with interest to consumer durables major by 2021

Chanda Kochhar's brother-in-law held at Mumbai airport, being probed by CBI

Rajiv Kochhar, the brother-in-law of ICICI Bank MD & CEO Chanda Kochhar, was detained by immigration authorities at Mumbai airport when he was to leave for a Southeast Asian country and handed over to CBI sleuths, who questioned him in connection with the bank's dealing with Videocon Group. Kochhar was stopped from leaving the country at the Mumbai international airport by the authorities as the CBI had issued a Lookout Circular (LoC) against him, officials said. He was handed over to a CBI team which is questioning him in connection with the case, they said. The CBI has already questioned a few ICICI Bank officials as part of a preliminary enquiry to find if any quid pro quo was involved in the bank issuing a Rs 3,250-crore loan to Videocon Group in 2012. Agency officials said they are also studying relevant documents of the transaction and if they come across any evidence that indicates wrongdoing, ICICI Bank managing director and chief executive officer Chanda Kochhar, her ...