Videocon Group News

CBI will produce ICICI Bank's former CEO and MD Chanda Kochhar and her husband Deepak Kochhar at a Mumbai Special Court. Agency will seek a police remand of both accused to interrogate them in connection with the case. Both were accused in misappropriation and irregularities in loans sanctioned by the banks to Videocon Group companies.

CBI today arrested former ICICI Bank CEO Chanda Kochhar, husband in loan fraud case. 59-year-old Chanda Kochhar had quit as CEO and managing director of ICICI Bank in October 2018. A whistleblower had alleged that the Kochhar family benefited from the Videocon deal.

Videocon did not inform the consortium that it was continuing to avail loan from the SCB and the lenders also did not ask for NOC from SCB about the closure.

ICICI Bank has sacked its former managing director and chief executive officer Chanda Kochhar, four months after she resigned, saying that she is seeking early retirement. Watch this video to know more.

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This segment of Zee News brings to you latest updates. The Central Bureau of Investigation (CBI) on Thursday registered case against Chanda Kochhar, former MD & CEO of ICICI Bank; her husband Deepak Kochhar; V N Dhoot, MD of Videocon group and others in the alleged ICICI Bank-Videocon loan case. Watch this video to know more.

This is a special segment of 5W1H by Zee News which brings to you news with research and latest updates. Watch this video to know more.

The Central Bureau of Investigation (CBI) on Thursday registered case against Chanda Kochhar, former MD & CEO of ICICI Bank; her husband Deepak Kochhar; V N Dhoot, MD of Videocon group and others in the alleged ICICI Bank-Videocon loan case. Watch this video to know more.

The cases under scanner include the bank's Rs 3,250 crore loan to Videocon Group in 2012 and the involvement of Kochhar family members in restructuring of the loan.

The CBI has launched a preliminary investigation into Rs 3,250 crore loan ICICI Bank had extended to Videocon in 2012 and the possible role of Kochhar's husband -- Deepak Kochhar.

Kochhar was to be the Guest of Honour at the April 5 event and flyers sent out last month mentioned her name prominently.

The Videocon group Saturday started manufacturing mobile handsets at its Salt Lake facility in the city.

Videocon group would start manufacturing mobile handsets at its Salt Lake facility near the metropolis in a few months' time, an official of the company said.

Sansui expects four new launches of ultra-high definition television sets will help drive sales in India.

State-owned Oil and Natural Gas Corp's (ONGC) acquisition of 10 percent stake in a giant Mozambique gas field had helped the seller make a neat profit of USD 1.5 billion or over 62 percent of the purchase price.

Videocon Telecom, the telecom brand of the $4 billion Videocon Group, will be investing over Rs.1,200 crore in the next three years for 4G rollout in 29 cities, a company statement said here Thursday.

The proposed Rs 700-crore IPO of Videocon D2H may get delayed as the regulator SEBI has decided to keep the processing of the offer document in "abeyance" following a request made by the company in this regard.

Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.

SEBI has sought fresh clarifications from the merchant banker of Videocon d2h Ltd, the satellite television arm of Videocon Group, regarding its proposed Rs 700-crore initial public offer (IPO).

The company, which had over 86 lakh telecom subscribers at the end of November 2014, has spectrum in seven circles, but offers services only in Punjab, Haryana, Madhya Pradesh, Chhattisgarh and Gujarat.