The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
It is also considering to mop-up Rs 50 crore through a pre-IPO placement.
Interestingly, in March 2018, the same board of ICICI Bank had given a clean chit to Kochhar with full-backing and had said there was no question of favouritism, nepotism or conflicts of interest on her part in granting loans to Videocon Industries or any other company.
Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.
This adds to the list of projects that left the state, whose industrial image has suffered
The company, which has filed its documents with the market regulator, Securities and Exchange Board of India, is also looking to raise up to Rs 50 crore (Rs 500 million) by pre-IPO placement of up to 10 million shares.
The operator is planning to turn aggressive in adding subscribers.
Indian firms in fray for its and Anadarko's stakes ; Brazilian petro assets now Videocon's focus
Videocon starts race, says will bid in eight circles, expects 5-MHz spectrum to go for Rs 20,000 crore
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
Sandeep Bakhshi named chief operating officer, who would be handling all the businesses.
The committee is considering 1,300 names for this year's awards from which it is likely to select 120.
Videocon launched an app-powered air conditioner.
The duo was called to the CBI headquarters Monday afternoon and questioned for over seven hours.
He was at the wedding reception of Vivek Biyani, nephew of entrepreneur Kishore Biyani.
Institutional Investor Advisory Services had recommended investors to vote 'against' the proposal, while Stakeholders Empowerment Services asked investors to vote 'for' the proposal.
Etisalat, which is mulling an Indian foray, has since started discussions with several telecom companies including the Videocon Group's Datacom Solutions and Essar-controlled Loop Telecom for equity. Ravi Sharma, CEO of Datacom confirmed that Etilasat was one of the companies to which the company was talking but declined to offer details. Loop Telecom declined to comment.
The 'V' in the new Videocon logo is composed of two animated green, lava-like shapes -- called Chouw and Mouw -- with distinct identities of their own. Chouw and Mouw are 'live' characters, and will be used through a series of short videos to tell simple stories. Both have certain personality traits, based on their physical attributes.
Forty domestic companies, including the Videocon group, Jindal Power and Tata Power, have formed a group to convince the central government to allow private participation in generation of civilian nuclear energy.
Offers 2,000 acres in Pune's Saswad taluk.
At a time the industry is slashing headcount, citing the downturn, direct-to-home (DTH) television service providers are adding employees.
Asked about rumours that the Chief Minister was holding talks with key investors on the Singur controversy, Dhoot said, "The CM calls me every three months to know the progress. The Videocon group was hopeful of land acquisition with its compensation package which includes land price, job assurance and equity in the project.
The agency has registered the FIR after a preliminary enquiry on a complaint from the oil ministry.
Official sources said Verizon's license application was under process and "there should be no problem in issuing them letters of intent for national and international long distance (NLD/ILD) business".
Surajeet Das Gupta & Rajesh Kurup in New Delhi/Mumbai
The Videocon group, the country's largest consumer electronics and durables manufacturer, is contemplating setting up a semiconductor facility.
Diversified business house Videocon Group is making an ambitious foray into the direct-to-home services with plans to garner one crore (10 million) subscribers in the next six years.
The Videocon group has expressed interest in buying telecom giant Motorola's struggling mobile handset business, which is being split into a separate company. "We have hired one of the world's top three investment bankers who will convey our interest to buy out the mobile handset business of the US company," Group Chairman Venugopal Dhoot told Business Standard.
Amid the party high command's disapproval of senior Maharashtra minister Narayan Rane's open attack on him on certain cabinet issues, Chief Minister Vilasrao Deshmukh met Congress president Sonia Gandhi on Monday.
Videocon Group Chairman Venugopal Dhoot on Thursday clarified that the group would be paying Rs 950 crore (Rs 9.5 billion) to the Maharashtra government's town and industrial infrastructure subsidiary CIDCO for a 100-hectare plot in Navi Mumbai and not Rs 300 crore (Rs 3 billion) as claimed by some people.
In an attempt to tap the growing market for lifestyle products, the Videocon group plans to come out with laptop computers, mobile phones and gaming solutions by the last quarter of 2008.
The Videocon group, which signed a memorandum of agreement (MoA) with the West Bengal government for a Rs 15,000 crore (Rs 150 billion) steel and power project last month, has directly negotiated with land losers near Asansol for 2,000 acres.
Videocon Industries, the oil-to-consumer durables company, has joined the race for the acquisition of the London-based Burren Energy, which recently rejected several approaches including one worth $3.5 billion (Rs 14,000 crore) from the Italian major ENI.
Large steel producers had reduced prices up to Rs 4,000 per tonne on request of Prime Minister Manmohan Singh on May 7. They had also agreed to hold the price line for the next three months. The three-month price moratorium expires in August.
Talks have failed between the Dhoots of the Videocon group and Mahendra Nahata of Himachal Futuristic Communications Ltd to buy out the latter's 36 per cent stake in all-India mobile licence-holder Datacom Solutions.
Sajjan Jindal's model of making land-losers stakeholders in his Bengal project appears to be attracting others.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
A delegation of about 100 chief executive officers from several national and multi-national companies will be visiting Kashmir to explore the business possibilities in the region as well as some leisure time.
Videocon Group on Monday said it was considering setting up a new manufacturing unit for consumer durables in Dubai.
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