VENUGOPAL DHOOT
NCLT declares Videocon’s Venugopal Dhoot bankrupt in SBI’s Rs 12,668 cr claim
The NCLT has declared former Videocon chairman Venugopal Dhoot bankrupt in proceedings initiated by SBI over personal guarantees for loans extended to the group. The order follows the rejection of his Rs 600 crore repayment proposal, backed by a proposed Siliguri real estate project, against total admitted dues of Rs 12,668 crore.
NCLT declares Videocon promoter Venugopal Dhoot bankrupt on SBI plea; appoints bankruptcy trustee
The National Company Law Tribunal (NCLT), Mumbai Bench, has declared former Videocon Industries promoter and director Venugopal Nandlal Dhoot bankrupt on a petition filed by the State Bank of India (SBI), after the failure of his personal insolvency resolution process and repayment plan.
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVL
Videocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows separate insolvency proceedings for Videocon Industries and Videocon Oil Ventures. Previously, a tribunal had directed clubbing of these cases. The appellate tribunal cited distinct business sectors. This makes a single resolution impractical.
NCLT orders insolvency proceedings against Venugopal Dhoot as personal guarantor
Insolvency proceedings have begun against Venugopal Dhoot, former chairman of Videocon. The National Company Law Tribunal directed this action due to his default on loans totaling over Rs 6,157 crore. Dhoot acted as a personal guarantor for two Videocon group companies. The tribunal appointed a resolution professional to manage the process.
Videocon case: Sebi orders attachment of bank, demat accounts of Venugopal Dhoot, Electroparts
India's market regulator, Sebi, has taken action against Venugopal Dhoot and Electroparts (India), freezing their assets to recover unpaid dues of Rs 68.5 lakh. This follows a 2021 Sebi penalty for insider trading in Videocon Industries shares, where Dhoot and the promoter entities allegedly traded based on insider information about the company's loan classification as NPA.
Sebi issues Rs 1 crore demand notices to Venugopal Dhoot, 2 others for insider trading in Videocon shares
Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and two other entities, asking them to pay nearly Rs 1.03 crore for insider trading activities in the shares of Videocon Industries.
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Venugopal Dhoot: Here’s all you need to know Videocon Group founder
Venugopal Dhoot was arrested earlier this week along with ICICI Bank's former MD and CEO Chanda Kochhar and her husband Deepak Kochhar in an alleged ICICI Bank loan scam.
Kochhars, Videocon and Dhoot in the crosshairs of probe agencies
Kochhar and her husband, Deepak, were arrested by the Central Bureau of Investigation on December 23. Venugopal Dhoot, chairman of Videocon, is also in CBI custody.
Loan Fraud Case: CBI arrests Videocon CEO Venugopal Dhoot
The Central Bureau of Investigation on Monday arrested Videocon CEO Venugopal Dhoot in the alleged ICICI Bank-Videocon money laundering case. The CEO was arrested from Mumbai. Earlier, the agency had arrested the former managing director and chief executive officer of ICICI Bank Chanda Kochhar and her husband Deepak Kochhar in connection with the case.
ICICI Bank-Videocon case: CBI gets three-day custody of Venugopal Dhoot, Chanda and Deepak Kochhar
The case is related to the alleged irregularities and corrupt practices in the sanction of a Rs 1,875 crore loan disbursed by ICICI Bank to the Videocon Group between 2009 and 2011.
Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot arrested: 10 points on ICICI Bank-Videocon fraud case
A few days back, the probing agency had arrested former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar. The couple is scheduled to remain in CBI custody till today. However, the CBI has sought custody of the Videocon chairman for three days and of the couple for three more days.
Videocon case: Sebi slaps Rs 75 lakh fine on Venugopal Dhoot, two entities
"Noticees being insiders had executed off market transactions while in possession of Unpublished Price Sensitive Information (UPSI)," Sebi said.
NCLT allows initiation of personal insolvency against Venugopal Dhoot
Asish Narayan has been appointed as the resolution professional (RP) in the case by a division bench led by judicial member Suchitra Kanuparthi and a technical member Chandra Bhan Singh. The next date of hearing is 20 September.
CBI books Venugopal Dhoot & others in bank fraud case
The Central Bureau of Investigation (CBI) has booked Videocon group MD Venugopal Dhoot on charges of causing a wrongful loss to a consortium of Indian PSU banks led by State Bank of India.
ED registers case against former ICICI Bank CEO Chanda Kochhar
The agency will primarily examine whether Chanda Kochhar made personal gains by alleged irregularities in release of loans sanctioned by ICICI bank to Videocon in 2012.
Chanda Kochhar got 'illegal gratification' through her husband for favouring Videocon, says CBI
As the CEO, CBI says, Kochhar approved six loans to Videocon group between June 2009 and October 2011.
ED imposed Rs 14-crore penalty on Videocon, 6 group companies in 2017
Tusker finds a significant mention in RBI’s 2016 report on allegations of quid pro quo with regard to extension of facilities by ICICI Bank to Videocon.
ICICI-Videocon loan case: Income Tax department questions Venugopal Dhoot
The deal had made news after reports questioned the loan and linked it to a possible quid pro quo that Videocon group promoter Venugopal Dhoot allegedly had with NuPower Renewables.
BJP MP Udit Raj calls for FIR against Chanda Kochhar
The CBI is currently conducting what is called a PE into charges of corruption and nepotism with regards to loans given to the Videocon Group with whom Deepak Kochhar had a business partnership.
Videocon's Venugopal Dhoot's dinner in honour of Yes Bank's Rana Kapoor
In attendance were many industry leaders including Niranjan Hiranandani, MD Hiranandani Group.
Anand Mahindra, Venugopal Dhoot, Rakesh Bharti Mittal missed out on Padma awards
The Chief Information Commissioner had asked to make public all details about selection of Padma awardees on the ministry’s website.
Videocon will get maximum benefit from rupee depreciation: Venugopal Dhoot
It is good that the rupee is depreciating and it should find its own value in this free economic world. Videocon will get maximum benefit out of it.
Videocon is now 80% oil company: Venugopal Dhoot, CMD, Videocon
In an interview with ET Now, Venugopal Dhoot, CMD, Videocon, talks about the telecom and oil business. Excerpts:
Videocon's Venugopal Dhoot used MP brother's ID card to enter Telecom Ministry: Shahid Balwa
The two DoT officials had also said, Mahendra Nahata of HFCL, who had then a tie-up with Dhoot, was also present in the telecom ministry that day.
Pledged shares to banks only for project financing: Videocon
In an interview with ET Now, Venugopal Dhoot, CMD, Videocon Industries, shares his views on how his business is shaping up and also removes the concerns the market may have about his pledged shares. Excerpts:
My first year at work: Venugopal Dhoot
From getting the first colour TV to India to making Videocon a name to reckon with in the FMCG sector, Venugopal Dhoot tells ET he’s lived life in technicolour.
The good sign is economy is growing: Venugopal Dhoot
Venugopal Dhoot, Chairman & Managing Director, Videocon Industries spoke to ET NOW on his reactions to the GDP data
Next Retail snaps up Planet M
Bennett, Coleman & Co Ltd (BCCL), the publisher of The Times of India and The Economic Times, has sold the music retail brand Planet M to the Venugopal Dhoot-owned Next Retail India for an undisclosed sum.
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