ED arrests businessman Deepak Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, in money laundering case
• 5 years agoThe ED had slapped money laundering charges against the Kochhars and their business entities for 'illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies'.
DoT likely to add Videocon dues of Rs 2,041 cr to Airtel's AGR bill; may not include Aircel's liabilities in Sunil Mittal-led telco
Fp Staff • 5 years agoThe DoT has pegged Airtel’s AGR dues at around Rs 35,586 crore, Videocon’s liabilities at 2,041 crore and Aircel’s dues at Rs 11,950 crore.
Videocon loan case: With Chanda Kochhar knocking HC’s door challenging termination, ICICI board’s actions are back in spotlight
Dinesh Unnikrishnan123 • 5 years agoThe first time the case caught public attention, ICICI Bank and its board had fiercely defended Chanda Kochhar without carrying out a detailed probe into the merits of the case
Bombay High Court allows former ICICI Bank chief executive Chanda Kochhar to amend petition challenging termination
Fp Staff • 5 years agoLast week, Kochhar had moved the high court against her ex-employer for terminating from the job when ICICI Bank had accepted her request for early retirement last year.
ICICI Bank-Videocon loan case: ED likely to summon Chanda Kochhar, husband again for interrogation
Fp Staff • 6 years agoLast week, Chanda Kochhar and her husband were summoned by the ED for questioning in connection with ICICI Bank-Videocon loan case.
Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report
• 6 years agoJet’s borrowings are small compared to those of other big defaulters such as Videocon and some steel companies, so lenders likely can wait for some more time before commencing bankruptcy proceedings,
Essel Group promoters open to selling over 50% of their stake in Zee Entertainment, in talks with over 2 buyers
• 6 years agoAs on 31 December, 2018, promoters held 41.62 percent stake in ZEEL Entertainment Enterprises Ltd
Dish TV to invest Rs 3,000 crore in its subsidiary Dish Infra Services through a right issue
• 6 years agoThe investment would be done by subscribing 300 crore shares of face value of Rs 10 each issued by Dish Infra Services
Essel Group says formal consent from lenders secured to not declare default till 30 September
• 6 years agoThe consent was achieved during the second round of a detailed meeting between Essel Group Promoters and lending entities, the group said in a statement.
Arun Jaitley advises CBI to steer clear of 'adventurism', but finance minister doesn't practise what he preaches
Aakar • 6 years agoFinance Minister Arun Jaitley is upset because he believes the CBI action against ICICI Bank is "investigative adventurism", not a "professional investigation".