Page 7 - Icici Videocon Loan Case

Sebi looking into ICICI Bank-Videocon conflict of interest matter

ICICI Bank is India's fourth most valued bank with a market capitalisation of about Rs 1.8 trillion and its shares are also part of the benchmark stock market index Sensex

CBI preliminary enquiry against Deepak Kochhar, Videocon's Dhoot: Reports

The role of Deepak Kochhar in the case dates back to December 2008, when he set up a joint venture with Dhoot

Videocon-ICICI loan case: CBI questions bank officials

The bank had clarified that none of the investors of NuPower Renewables are borrowers of ICICI Bank

ED initiates enquiry in ICICI-Videocon loan, asks Sebi for documents

The agency asked for details of investigation into the group's activities in the past few years

Chanda Kochhar's conflict of interest? ICICI-Videocon controversy explained

Rs 32.5 bn ICICI bank loan amount was part of Rs 400 bn loans that Videocon group secured from a consortium of 20 banks led by SBI

Govt should restore people's faith in banking system: ICICI whistleblower

India is the only country where we have social banking driven by political reasons, says Gupta

Personal ties do not always result in criminal acts: Venugopal Dhoot

Personal ties between two people do not always result in criminal acts, Dhoot said in an interview aired on Marathi television channel ABP Majha

ICICI Bank falls 5% as ED initiates enquiry in ICICI-Videocon loan

The stock of private sector lender was down 4.6% to Rs 265.40 on the BSE in early morning trade, its lowest level since October 24, 2017

ICICI Bank stock posts biggest single-day drop in nearly three years

Shares of the country's third-largest lender closed at Rs 261.9, down Rs 16.5, or 5.93% on the BSE

ICICI Bank shares slide 6% on CBI probe reports; Rs 104-bn m-cap wiped out

The stock was the worst performer among blue-chips on both Sensex and Nifty indices on Monday

Avista helped ICICI Bank clients to recast loans for a commission: Reports

According to the Indian Express, Avista Advisory got the mandate to restructure foreign currency-denominated debt deals worth over $1.7 billion of seven companies over the last six years

Disclose majority shareholder's real identity: Whistleblower to Nupower

NuPower Renewables -- the company founded by ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar -- must disclose the real identity of its majority shareholder DH Renewables Holding Ltd of Mauritius, whistle-blower Arvind Gupta has demanded, alleging masked share transfers. Videocon Group chairman Venugopal Dhoot is said to have invested in NuPower Renewables Pvt Ltd and extended Rs 64-crore loan after Videocon secured a loan from a consortium of banks that included ICICI. Gupta, who identifies himself as an informed and vigilant investor owning shares both in ICICI Bank and Videocon Industries, alleged that NuPower Renewables was a 50:50 joint venture of Deepak Virendra Kochhar and Dhoots when founded in 2008. Subsequently, "masked" share transfers were done to a trust called Pinnacle Energy, whose trustee is Deepak Kochhar, after Chanda Kochhar became the managing director and chief executive officer (MD&CEO) of ICICI Bank in May 2009. Gupta said the data he has gathered from

Was invite withdrawn for 'Guest of Honour' Kochhar at President's event?

The revised list sent out today did not carry her name; she was to be felicitated by Kovind

Rs 32.5-bn Videocon bank loan case: I-T issues notice to Deepak Kochhar

Few more notices have been sent to the people associated with the firm

Videocon loan case: Income tax department issues notice to Deepak Kochhar

The notice was issued under Section 131 of the Income Tax Act, which allows authorities to conduct inquiries and summon assessees