SC had stayed UP Police's criminal proceedings against Yes Bank ex-CEO Kapoor & Videocon founder Dhoot last month. Chandra alleges Kapoor arm-twisted him into agreeing merger between Dish TV and Videocon in 2016.
Twin Star, a part of Agarwal’s Vedanta Group, will pay about Rs 30 billion to Videocon’s lenders. Videocon was among the first 12 companies pushed into bankruptcy after directions issued by RBI in 2017.
The court also asked Dhoot to surrender his passport and said he must appear before ED when required for probe in the alleged ICICI Bank-Videocon money laundering case.
Former ICICI CEO Chanda Kochhar is required to assist the investigating officer and her statement will be recorded under the Prevention of Money Laundering Act (PMLA)
The ED on Friday conducted searches at the homes and offices of former ICICI bank chief Chanda Kochhar and her husband Deepak, and Videocon Group's Venugopal Dhoot in a bank loan fraud case.
The CBI has accused former ICICI Bank CEO Chanda Kochhar of conspiring with her husband Deepak Kochhar and Videocon chief V.N. Dhoot to cheat her bank.
It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.