Videocon
Videocon Industries placed under bankruptcy proceedings
09 Jun 2018
Bankruptcy proceedings against Videocon Industries follow an insolvency petition filed by State Bank of India against the company in December last year, on directions from the Reserve Bank of India
Debt-laden Videocon hopes to raise Rs30,000 cr via Brazilian oil assets sale
09 Mar 2018
Videocon CMD Venugopal Dhoot said in separate interviews that the conglomerate hopes to raise Rs30,000 crore by selling oil blocks in Brazil to repay lenders, and that he has no intention of fleeing the country
Videocon headed for bankruptcy court, but Jaypee may be saved
26 Dec 2017
Lenders are gearing up to refer Videocon Industries to the bankruptcy court as they are unsure if the company's proposed debt recast programme will clear the Reserve Bank of India’s conditions to deal with defaulters
