“Once the committee of creditors approved the resolution plan and the adjudicating authority stamped its approval on it, then nothing remai...

Sahoo cited the example of Videocon Industries, stating that it had already reported a loss of nearly ₹10,000 crore when the bankers brough...

Vedanta's offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders,...

Videocon, a consumer durables company manufacturing air-conditioners to washing machines, was among the first 12 companies pushed into bank...

"This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on ...

If assets are not sold, the share which would have come to the Indian co will go to an Indonesian firm.

The move comes after a consortium of lenders led by the SBI have invited bids for the group's Brazilian and Indonesian assets via ads.

The NCLT heard arguments from all parties, including Videocon’s promoter Venugopal Dhoot, and reserved its orders on January 25, after whic...

SBI had filed multiple pleas in different courts to initiate recovery proceedings against 14 other companies linked to the parent company.

Videocon Industries has posted losses of 2,072 crore over revenues of Rs 60 crore for the quarter ending March 2018.

The debt, nearly about Rs 13,000 crore, has been grouped into four clusters to facilitate the resolution plan. Four IRPs have also been app...

The group has requested the principal bench sitting here to consolidate all multiple insolvency cases filed by lenders at three different c...

“I am very much in India and have no intention to ever going out of the country….in fact, I am most comfortable here and have not stepped o...

SBI had referred Videocon Industries to bankruptcy court in the first week of January.

At a closed-door meeting, the heads of large commercial banks discussed ways of recovering dues from the oil venture.

Nifty futures on the Singapore Stock Exchange traded higher this morning, indicating a positive start back home.

Company owes consortium of lenders Rs 29,000 crore, of which Rs 3,900 crore is due to SBI.