Business Today

An Uncertain Future for Videocon

THE ALLEGATION WAS THAT DHOOT HAD INVESTED IN NUPOWER RENEWABLES, A COMPANY CO-FOUNDED BY DEEPAK KOCHHAR, AFTER TAKING LOANS FROM ICICI BANK. IN 2012, THESE LOANS WERE DECLARED AS NPAs

THE ARREST OF Venugopal Dhoot, Promoter of the Videocon Group, primarily known for consumer durables, once again throws open the fate of the business empire he once owned. Reeling under a mountain of debt, the fate of the high-profile group is now, at best, unknown.

Chanda Kochhar, ICICI Bank’s former MD & CEO, allegedly misused her position

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