The ED had filed a money laundering case against the Kochhars, Dhoot and others for illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies

In an interaction with Business Today, Venugopal Dhoot says that they plan to raise the money from monetisation of assets, affordable housing, consumer electronics and home appliances business

Some of these employees had claimed that they had no knowledge about the existence of the companies for which they were made directors.

Some of these employees had claimed that they had no knowledge about the existence of the companies for which they were made directors.

The Supreme Court stated that it is not inclined to interfere with the order of termination as it falls within the realm of the contractual relationship between the bank and employee

Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, has been arrested in relation to the ICICI Bank-Videocon case

CBI inquiry revealed the firms associated with Videocon colluded with the consortium of banks for undue gains causing loss to the banks

Despite rise in number of whistleblower complaints, the lacunae in the system are proving to be a deterrent in the fight against corporate unethical practices

The development comes less than a week after the Enforcement Directorate attached assets worth Rs 78 crore, include a flat in South Mumbai, land, cash and machinery, belonging to the Kochhars

As per the allegations, Videocon Industries gave crores of rupees to Deepak's firm, barely six months after his company got Rs 3,250 crore worth of loan from ICICI Bank in 2012

Videocon Industries share price hit an all-time low of Rs 1.19 on August 27, 2019. An investment of Rs 1 lakh in Videocon Industries on August 28, 2014 has shrunk to Rs 741.40 today.

In an attempt to step up proactive vigilance, the Ministry of Corporate Affairs has issued a look-out circular (LOC) with the names of over 20 people suspected of economic offences. The list includes individuals involved in high-profile investigations such as the IL&FS probe.

Former ICICI Bank MD & CEO Chanda Kochhar's husband Deepak Kochhar has also been summoned along with her brother-in-law Rajeev Kochhar on April 30 in connection with Videocon money laundering case.

ICICI-Videocon loan case: The ED had questioned Chanda, her husband Deepak Kochhar and Videocon Chairman Venugopal Dhoot in the Rs 3,250-crore loan case for four times last week.

A team of ED sleuths, assisted by the police, carried out searches in at least five offices and residential premises of Chanda Kochhar in Mumbai and other locations. 

From being India Inc's poster woman to getting booked by the CBI in connection with quid pro quo loans to the Videocon Group and having a lookout notice issued against her, the former ICICI Bank chief's downfall has been shockingly rapid

Look out circular against Chanda Kochhar: LOCs against her husband Deepak Kochhar, Videocon's Venugopal Dhoot were issued last year after an inquiry, but have been revived now.

The Justice BN Srikrishna Committee report says Chanda Kochhar violated the bank's code of conduct, following which the bank board has decided to clawback bonuses paid to her since April 2009.

The CBI alleges that after Kochhar took charge, ICICI Bank sanctioned six loans totalling Rs 1,875 crore to various Videocon companies, most of which have gone bad.