Page 4 - Videocon Industries

BPCL pays up for defaulting Videocon Industries in Brazil oil block

In September 2008, BPCL and Videocon Industries had formed a 50:50 joint venture to acquire a Brazilian oil exploration firm for $283 million

Anil Agarwal's Vedanta sole bidder for Videocon's 25% in Ravva oil block

Videocon is undergoing insolvency proceedings at the NCLT with a separate bidding process being undertaken for the Ravva block

Deepak Kochhar remanded to ED custody for 11 days by special PMLA court

PMLA court rejects Kochhar's plea for meeting family members during custody

Akhil Gupta's family firm bids for debt-laden Videocon Industries

Gupta, who worked for Bharti Airtel for 18 years, made the bid for Videocon via Avanti Investments, run by his son, Anubhav Gupta

Videocon Industries promoters seek fresh package for debt restructuring

The package would result in banks getting back Rs 33,400 cr from the company over the next few years

Videocon Industries: Between a long-drawn IBC process and a hard place

The former giant of the Indian corporate world is caught on the shoals of a long-drawn insolvency process even as lenders face the prospect of losing most of their money

AGR case: Supreme Court puts spectrum users in the dock on IBC firms' dues

Such telcos should pick up AGR bill, says apex court

Videocon lenders to seek better offers before last call on liquidation

As economy picks up, they expect bidders to come back to table

Videocon to get better offers after Covid-19 blows over: Promoters

Even before the decision to liquidate the group companies is taken, the committee of creditors must open all resolution plans received so far, said the promoters.

Top headlines: Apple plans more production in India, PSB stake sale & more

From Apple planning to move 10% production to India, RBI advising the government to cut stake in PSBs to Videocon staring at liquidation, here are the top news of the day

Videocon staring at liquidation as Covid-19 pandemic deters buyers

The company was admitted for debt resolution in June 2018 under the Insolvency and Bankruptcy Code after it started defaulting on its Rs 40,000-crore debt

CBI charges Videocon's Venugopal Dhoot, bankers with 'criminal conspiracy'

Dhoot has been earlier booked by the CBI in the Videocon-ICICI bank loan case.

CBI lens on Videocon's Dhoot: Was Rovuma offshore a joy ride for oil firms?

Videocon's dealing with an SBI-led consortium being probed; complaint filed at instance of petroleum ministry which in 2013 under Veerappa Moily oversaw 10% of Videocon stake bought over by ONGC, OIL

CBI books Videocon's Dhoot for 'corruption' in financing oil and gas assets

The agency has registered the FIR after a preliminary enquiry on a complaint from the Oil Ministry

NCLAT's resolution professional ruling: Several bankruptcy cases face delay

National Company Law Appellate Tribunal (NCLAT) had ordered that a former bank official cannot be appointed as a resolution professional (RP) in a company facing bankruptcy

YES Bank stock crash and financial mess: How the crisis unfolded in 2 years

Companies that failed to repay their loans to YES Bank include Dewan Housing Finance, Essel group, CG Power, the Anil Ambani group companies, and Videocon

NCLT orders inclusion of Videocon's overseas assets in insolvency

Videocon was in the first list of the 12 largest accounts that the Reserve Bank of India referred for bankruptcy in late 2016

NCLAT stays NCLT ban on ex-bankers' appointment as resolution professionals

The NCLT order had cast doubt on debt resolutions of several companies including Videocon Industries and Essar Projects, where former bank officials are working as IRPs

ICICI-Videocon case: ED grills Chanda Kochhar, husband and Venugopal Dhoot

The three deposed as part of a regular summon and their statement is being being recorded under the Prevention of Money Laundering Act (PMLA), ED said

Cash-strapped Videocon posts Rs 6,760-cr FY19 loss on reduced income

Total income declined to Rs 1,062.62 crore in 2018-19 from Rs 3,423.91 crore in the previous year