Page 6 - Icici Videocon Loan Case

CBI is looking into transactions between Rajiv Kochhar and Videocon group

CBI is looking into transactions between Rajiv Kochhar and Videocon group

CBI grills Chanda Kochhar's brother-in-law Rajiv, NuPower directors

Rajiv Kochhar was questioned for the fourth consecutive day

Videocon loan case: CBI questions Rajiv Kochhar for the third day

Rajiv Kochhar was asked about the role of his company in the restructuring of the loan

Chanda didn't know of my tie-up with Venugopal Dhoot: Deepak Kochhar

Tie-up with Dhoot was one of my biggest mistakes, says Deepak Kochhar

ICICI-Videocon loan case: CBI questions Rajiv Kochhar for the second day

Sources say he was not cooperating fully with the central agency

Videocon loan case: On Day 2, CBI questions Rajiv Kochhar for 9 hours

Rajiv Kochhar, who appeared at the CBI office in Mumbai, was asked about various aspects of restructuring of the loan to Videocon

At Rs 16.25 mn, combined losses mounted for Kochhar firms in FY17

Two India-registered companies belonging to Rajiv Kochhar, brother of ICICI Bank managing director and chief executive Chanda Kochhar's husband, Deepak Kochhar, suffered combined losses of Rs 16.25 million in 2016-17, their highest in four years.The Avista Advisory group, a Singapore-based company owned by Rajiv Kochhar, is said to have helped ICICI clients in restructuring their foreign loans. On Thursday, the Central Bureau of Investigation (CBI) stopped Rajiv Kochhar at the airport here and questioned him. He was let go on Thursday but again called for questioning on Friday.Business Standard looked at the financial results for Avista Corporate Finance Advisory and Avista Advisory Associates, both India-registered companies belonging to Rajiv Kochhar. The former had losses in FY17 and FY15. Avista Advisory had losses in all four years, although the operations appeared limited. FY17 was the worst in losses for both in recent years. Avista Advisory Associates had revenue from Rs ...

ICICI Bank-Videocon loan case: Things to know about Rajiv Kochhar

Rajeev Kochhar's Avista Advisory is said to have helped ICICI Bank clients recast their foreign loans

CBI grills Avista Advisory's Rajiv Kochhar in ICICI-Videocon loan case

CBI sources said Rajiv Kochhar allegedly helped ICICI Bank in restructuring foreign currency convertible bond deals for 7 firms

Videocon paid ICICI Bank dues worth Rs 10 bn till December last year

NuPower will return loan with interest to consumer durables major by 2021

Chanda Kochhar's brother-in-law held at Mumbai airport, being probed by CBI

Rajiv Kochhar, the brother-in-law of ICICI Bank MD & CEO Chanda Kochhar, was detained by immigration authorities at Mumbai airport when he was to leave for a Southeast Asian country and handed over to CBI sleuths, who questioned him in connection with the bank's dealing with Videocon Group. Kochhar was stopped from leaving the country at the Mumbai international airport by the authorities as the CBI had issued a Lookout Circular (LoC) against him, officials said. He was handed over to a CBI team which is questioning him in connection with the case, they said. The CBI has already questioned a few ICICI Bank officials as part of a preliminary enquiry to find if any quid pro quo was involved in the bank issuing a Rs 3,250-crore loan to Videocon Group in 2012. Agency officials said they are also studying relevant documents of the transaction and if they come across any evidence that indicates wrongdoing, ICICI Bank managing director and chief executive officer Chanda Kochhar, her ...

Supreme Energy's stake in NuPower sold at market rate: Deepak Kochhar

He denied any conflict of interest in the stake sale by Supreme Energy to Pinnacle Trust

ICICI Bank: Analysts remain bullish despite near-term challenges

Despite the near-term concerns, analysts remain positive on the road ahead for the Bank as most of its businesses are doing well.

ICICI Bank board defends MD on nepotism charges, quashes allegations

The bank's board also reviewed its internal processes and exposure to the Videocon group

ICICI Bank stands by Kochhar, urges not to spread rumours on Videocon loan

ICICI Bank Chairman MK Sharma has also revealed that the bank has 'satisfactorily' replied to the questions of all the regulators

ICICI Bank reviews credit approval process, expresses full faith in Kochhar

The bank said that its share of banking sector's exposure to Videocon Group was less than 10%

Amid Videocon loan rumours, ICICI Bank says it has full faith in Kochhar

Multiple reports circulated in online blogs and social media in India last week, alluding to an alleged conflict of interest in ICICI's lending to Videocon

ICICI Bank says no favour done to Videocon, answered regulator's queries

The bank has been accused of nepotism and quid pro quo in extending credit to the Videocon group and its associate, NuPower Renewables

'Chanda Kochhar a huge beneficiary of Videocon loan; govt must order probe'

Deepak Kochhar, who is Chanda Kochhar's husband, is an indirect beneficiary of the loan granted to Videocon, according to trustee, Indian Investors Protection Council

ICICI's Videocon loan: Inside Deepak Kochhar's NuPower Renewables

The company raised funds and installed wind power projects, but it has been silent since 2016, when Kochhar stepped down as its MD