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Page 3 - Videocon Industries

Videocon Industries case: NCLAT adjourns hearing till September 20

NCLAT on Tuesday adjourned till September 20 the hearing on a batch of petitions challenging the approval for the takeover of bankrupt-Videocon Industries by Anil Agarwal's Twin Star Technologies

Videocon Industries case: NCLAT adjourns hearing till September 20
Updated On : 07 Sep 2021 | 8:43 PM IST

Vedanta's acquisition of Videocon assets may get derailed after NCLT order

Lenders in a bind as NCLT orders attachment of company and promoter assets

Vedanta's acquisition of Videocon assets may get derailed after NCLT order
Updated On : 01 Sep 2021 | 11:56 PM IST

NCLT Mumbai orders freeze of Videocon group promoters' assets

It has directed the erstwhile promoters of Videocon group to disclose in an affidavit their moveable and immovable properties/assets

NCLT Mumbai orders freeze of Videocon group promoters' assets
Updated On : 01 Sep 2021 | 7:24 AM IST

SC provides temporary relief to Airtel over Videocon's AGR dues

SC directs DoT that it shall not invoke Airtel's Bank Guarantees for 3 weeks

SC provides temporary relief to Airtel over Videocon's AGR dues
Updated On : 24 Aug 2021 | 11:16 PM IST

IFCI moves NCLT against Videocon debt resolution, wants oil assets included

IFCI, Sidbi and Bank of Maharashtra have also filed an appeal in the NCLAT against VIL's debt resolution, saying recovery is miniscule and it makes no sense to accept a 96% haircut

IFCI moves NCLT against Videocon debt resolution, wants oil assets included
Updated On : 18 Aug 2021 | 10:31 PM IST

Videocon's Venugopal Dhoot moves NCLAT against Deloitte, CoC and Vedanta

Videocon sold at a huge discount to Vedanta, says Dhoot

Videocon's Venugopal Dhoot moves NCLAT against Deloitte, CoC and Vedanta
Updated On : 02 Aug 2021 | 1:07 AM IST

Bankruptcy award: Why Videocon's oil & gas biz could come into focus

Why the group's oil and gas business could come into focus in the controversy over the bankruptcy award

Bankruptcy award: Why Videocon's oil & gas biz could come into focus
Updated On : 24 Jul 2021 | 6:10 AM IST

Videocon lenders to eventually take only 50-55% haircut, says former CFO

While Anil Agarwal-led Vedanta Group has picked up Videocon Industries for Rs 2,962 crore, the bids for overseas assets are yet to be decided.

Videocon lenders to eventually take only 50-55% haircut, says former CFO
Updated On : 21 Jul 2021 | 8:56 PM IST

NCLAT stays NCLT's nod to Twinstar's resolution plan for Videocon Group

Development follows an appeal by Bank of Maharashtra, a dissenting creditors. Matter is slated to be heard on September 9

NCLAT stays NCLT's nod to Twinstar's resolution plan for Videocon Group
Updated On : 19 Jul 2021 | 10:46 PM IST

Top headlines: Vedanta bids for Videocon's assets; QoQ profit to take knock

Business Standard brings to you the top headlines on Monday

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Updated On : 12 Jul 2021 | 7:21 AM IST

Vedanta among 11 bidders vying for Videocon's Brazil assets worth $2 bn

If sale is successful, lenders will get Rs 15,000 cr more from Videocon's debt resolution, taking their recovery to over 40%

Vedanta among 11 bidders vying for Videocon's Brazil assets worth $2 bn
Updated On : 12 Jul 2021 | 12:44 AM IST

Videocon Industries financial creditors to get 8% stake in merged entity

The financial creditors of the debt-ridden Videocon Industries will get 8 per cent equity in the entity created by the merger of 11 group companies with the firm as per the resolution plan

Videocon Industries financial creditors to get 8% stake in merged entity
Updated On : 21 Jun 2021 | 9:58 PM IST

Total haircut of 95.85% to all the creditors in Videocon resolution plan

VIL shares have been rising on the exchanges for the past few days after the announcement of Anil Agarwal's resolution plan.

Total haircut of 95.85% to all the creditors in Videocon resolution plan
Updated On : 16 Jun 2021 | 2:59 PM IST

Vedanta arm is paying almost nothing for Videocon group, says NCLT

Expresses surprise that Twin Star's bid was so close to liquidation value

Vedanta arm is paying almost nothing for Videocon group, says NCLT
Updated On : 16 Jun 2021 | 1:03 AM IST

Videocon to give Anil Agarwal's group majority stake in Ravva oilfield

Billionaire Anil Agarwal's metals-to-oil group said it will make an upfront payment of almost USD 40 million for the acquisition of Videocon Industries Ltd it will become largest shareholder.

Videocon to give Anil Agarwal's group majority stake in Ravva oilfield
Updated On : 09 Jun 2021 | 4:42 PM IST

NCLT clears Videocon sale to Vedanta group firm Twinstar Technologies

Twinstar had offered to pay Rs 2,962 crore to the lenders of Videocon Industries which was saddled with debt of Rs 46,000 crore

NCLT clears Videocon sale to Vedanta group firm Twinstar Technologies
Updated On : 09 Jun 2021 | 2:38 AM IST

Deepak Kochhar's NuPower Renewables blames bank loan default on MSEDCL

The company dodged paying its principal amount and has held non-receipt of dues from Maharashtra State Electricity Distribution Company (MSEDCL) for the default

Deepak Kochhar's NuPower Renewables blames bank loan default on MSEDCL
Updated On : 09 Apr 2021 | 4:14 AM IST

Lenders to miss March-end deadline for Videocon resolution

In December last year, Vedanta had won the race to acquire Videocon Industries after banks sought consolidated plan from bidders

Lenders to miss March-end deadline for Videocon resolution
Updated On : 22 Mar 2021 | 7:51 PM IST

PMLA case: Videocon's Venugopal Dhoot appears before court, gets bail

Special judge A A Nandgaonkar granted bail to him on a personal bond of Rs 500,000

PMLA case: Videocon's Venugopal Dhoot appears before court, gets bail
Updated On : 13 Mar 2021 | 12:03 AM IST

LIVE updates: 16 killed, 36 injured in fire in Tamil Nadu cracker factory

Fire in the factory broke out when some chemicals were being mixed to produce firecrackers. Stay tuned for Latest LIVE news

LIVE updates: 16 killed, 36 injured in fire in Tamil Nadu cracker factory
Updated On : 12 Feb 2021 | 11:22 PM IST