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VIDEOCON OIL
Dhoot moves SC seeking inclusion of foreign oil assets in Videocon insolvency processFormer Videocon chairman Venugopal Dhoot has approached the Supreme Court, seeking to include foreign oil and gas assets of various Videoco...- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- ED chargesheets UK national in probe against Videocon GroupThe Enforcement Directorate has filed charges against Sachin Dev Duggal, a British citizen, in a major bank loan fraud case involving the V...
- NARCL may bid ₹900 cr for Videocon Oil's over ₹30,000 cr debtNational Asset Reconstruction Company of India (NARCL) plans to bid approximately ₹900 crore for Videocon Oil Ventures' (VOVL) stressed deb...
- SC rejects Venugopal Dhoot's appeal to halt foreign asset dealings in Videocon insolvency caseThe Supreme Court has rejected Venugopal Dhoot's appeal to restrain lenders from dealing with foreign oil and gas assets in Videocon Oil Ve...
- BPCL subsidiary gets NCLT nod to take over Videocon OilBharat PetroResources secured the acquisition of Videocon Oil Ventures by matching offers and paying upfront, resulting in minimal creditor...
- BPCL agrees to match Brazilian companies' bids for two VOVL Oil assetsBPCL's subsidiary BPRL Ventures BV had entered into a 50:50 joint venture with Videocon's subsidiary Videocon Energy Brazil for oil and gas...
- VoVL lenders green light sale of oil basins to two Brazil firms, with a riderBrazilian gas operators Eneva S A and PetroRio have been approved to buy two and one oil basins, respectively, from oil and gas exploration...
- NARCL plans improved Rs 1,200-cr offer for Videocon Oil and VenturesLenders rejected NARCL's ₹860-crore offer in mid-November because it was very low. At a meeting in December between the lenders and NARCL, ...
- Vedanta entity, OVL among companies in race for Videocon Oil & Gas CoOther EoI applicants include Eight Capital, Dubai-based Citax Holding, Zinnia Fund, Murphy Worldwide, CFM Asset Reconstruction Company and ...
- Tussle on over global oil assets of VideoconIf assets are not sold, the share which would have come to the Indian co will go to an Indonesian firm.
- Videocon requests NCLT to include overseas oil assets in insolvency processThe move comes after a consortium of lenders led by the SBI have invited bids for the group's Brazilian and Indonesian assets via ads.
- Defer insolvency action against Videocon arm: SBI to RBISBI, along with others, is slated to consider additional $60 million loan to Videocon Oil.
- Lenders may drag Videocon arms to bankruptcy courtAt a closed-door meeting, the heads of large commercial banks discussed ways of recovering dues from the oil venture.
- Videocon gets time till March to infuse equityThe conglomerate with interest in businesses ranging from telecom to oil to consumer finance has outstanding loans of Rs 43,000 crore.
- ONGC Videsh-Oil India complete acquisition of Videocon stake for $2.475 billionONGC Videsh and Oil India have completed acquisition of Videocon Group's 10% stake in a giant Mozambique gas field for $2.475 bn, the compa...
- Videocon Industries rallies 8% on Mozambique stake sale talksBharat Petroleum Corp Ltd also holds 10 pc stake in the block, which may hold as much as 70 Trillion cubic feet of gas reserves.
- Indian companies including Essar Steel, Tata International and Videocon Oil Ventures invest $3.30 bn overseas in JanuaryOverseas direct investment by Indian companies, including Essar Steel, Tata International and Videocon Oil Ventures, rose to USD 3.30 billi...
- Videocon hiving off energy biz into new companyVideocon Industries to retain substantial stake in new entity and continue to operate in consumer electronics and retail.Videocon climbs ne...
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