Page 5 - Icici Videocon Loan Case

ICICI-Videocon: Whistleblower's new charges against Kocchar in letter to PM

Gupta has claimed that ICICI Bank had favoured Ruia brothers of Essar group for 'round-tripping' investments into Chanda Kochhar's husband Deepak Kochhar's NuPower Renewables

ICICI Bank to probe role of CEO Kochhar following whistle-blower complaint

Enquiry headed by independent person to examine allegations of conflict of interest after whistle-blower complaint

Videocon loan case: Sebi sends notice to ICICI Bank, Chanda Kochhar

Market regulator appoints adjudicating officer to probe potential contravention of securities law in Videocon loan case

Sebi serves notice on ICICI Bank CEO Chanda Kochhar in Videocon loan case

Market regulatory Sebi has served a notice on ICICI Bank CEO and MD Chanda Kochhar on dealings of the bank with Videocon Group and Nupower, an entity in which her husband Deepak Kochhar has economic interests, the private sector lender said today. Appropriate response would be submitted to the Sebi, the country's largest private bank said in a stock exchange filing. 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. Reports have alleged that Videocon chairman Venugopal Dhoot invested Rs 64 crore in Nu Power Renewables, a firm owned by Deepak Kochhar after Videocon secured a loan from a consortium of banks, including ICICI. ICICI has denied any wrongdoing in the loan, saying it was part of a consortium of lenders that extended the facility to Videocon. "The MD & CEO and the Bank received a Notice from SEBI on May 24, 2018 ... requiring responses on ...

I-T department questions Venugopal Dhoot in ICICI-Videocon loan case

The case pertains to a possible and alleged tax evasion angle in the ICICI bank issuing a Rs 32.5 billion loan to the Videocon Group in 2012

Videocon loan case: I-T quizzes Deepak Kochhar for 3 days in a row

The questioning follows two summons, issued by the tax department, where he was directed to be present with certain documents

Videocon loan case: Govt nominee to stay away from ICICI Bank board meet

Ministry to wait for feedback from RBI, probe agencies in Videocon loan deal

PMO asks agencies to identify beneficiaries of NuPower-Videocon loan case

The PMO wants the agencies to identify the actual beneficiaries of these transactions made in India and abroad

MCA begins inspection of Deepak Kochhar's NuPower Renewables

The NuPower matter is currently under investigation by multiple regulators

From Mauritius to India, a brief history of Firstland Holdings Limited

Firstland has been in existence for over a decade, made multiple India investments and is linked to an Indian technology-to-fertiliser group

Videocon loan case: I-T dept issues fresh notice to Deepak Kochhar

The taxman is now studying the nature of activities of NuPower Renewables between 2010-11 and 2015-16

Videocon loan case: Sebi may seek forensic probe of ICICI Bank disclosures

Officials said the examination will also cover the disclosures made at the time of Chanda Kochhar being appointed as CEO and Managing Director of the bank for the first time in 2009

Credential Finance, set up by Kochhar bros, failed to repay Rs 300-mn loans

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

ICICI case: Fin Min looking at BBB member Pradeep Kumar's role at Avista

Avista Advisory was involved in the restructuring of loans of some ICICI Bank borrowers

Price Waterhouse's NuPower Renewables valuation under I-T department lens

Govt agencies probing funds raised from tax haven

Found no 'quid pro quo' in ICICI loans to Videocon 2 years ago: RBI docs

The RBI had undertaken a scrutiny in mid-2016 after the Prime Minister's Office referred to it allegations of ICICI Bank CEO Chanda Kochhar's husband

ICICI case: I-T dept suspects 'round-tripping' at Deepak Kochhar's NuPower

Seeks details from Singapore, Mauritius to substantiate its findings against ADSF, DH Renewables

ICICI loan enquiry: I-T dept sends second notice to Deepak Kochhar

The I-T sources said the replies given to it were not "complete" and lacked full information and Deepak Kochhar has been asked to submit other details by this week

Sebi initiates probe into alleged corporate governance breaches at ICICI

The Securities and Exchange Board of India (Sebi) has initiated an enquiry into the controversial Rs 32.5-billion loan sanctioned to the Videocon group by ICICI Bank, to check for possible lapses in disclosure and corporate governance norms. According to sources, the regulator has sought documents from the private sector lender on decisions of its board of directors on the loan. Sebi wants to know if the board was aware about the conflict of interest involving its managing director and chief executive officer, Chanda Kochhar. Sebi is also keen to know the stance of the independent directors when the board had approved the loan's restructuring. "The prime objective is to ensure timely and accurate disclosure of all information that is material to investor decisions, under Sebi's Listing Obligations and Disclosure Requirements (LODR) rules," said a person privy to the development.An e-mail sent to ICICI Bank by this publication did not elicit a response.The regulator suspects there ...

Chanda Kochhar's good and bad times at ICICI Bank as its MD & CEO

Banker probably faces the toughest challenge of her career over Videocon loan controversy