Venugopal Dhoot

2022 - 12 - 26

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ICICI Bank-Videocon case: What did Venugopal Dhoot do wrong? (Business Today)

CBI sources have said that the Kochhars and Dhoot conspired together, and have evidence to prove the same.

MOST READ The Dhoot family offered to pay Rs 30,000 crore to lenders to settle outstanding loans and pull 13 Videocon Group companies out of the insolvency proceedings. Venugopal Dhoot's arrest was based on the material evidence gathered by the CBI against him during the probe in the last two years. The Central Bureau of Investigation (CBI), two days after it arrested former ICICI Bank MD and CEO Chanda Kochhar and her husband and businessman Deepak Kochhar, also arrested Videocon Chairman Venugopal Dhoot in connection with the ICICI Bank fraud case.

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How did Venugopal Dhoot, one of India's biggest industrialists, end ... (The Indian Express)

Just days after the arrest of former MD and CEO of ICICI bank, Chanda Kochhar, and her husband, Deepak Kochhar, Videocon Group Chairman Venugopal Dhoot was ...

Filed under the Indian Penal Code (IPC) sections related to criminal conspiracy and provisions of the Prevention of Corruption Act, the complaint said, “the accused (Chanda Kochhar) sanctioned certain loans to private companies in a criminal conspiracy with other accused to cheat ICICI Bank”. Through a host of shell companies, he allegedly invested an amount of Rs 64 crore in [Deepak Kochhar](https://indianexpress.com/article/who-is/who-is-deepak-kochhar-5115666/)’s NuPower Renewables, just months after receiving a Rs 3,250 crore loan from the bank, at the time it was headed by Chanda Kochhar, between 2010 and 2012. [Chanda Kochhar](https://indianexpress.com/article/who-is/who-is-chanda-kochhar-5115639/) and her family.

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From industry icon to defaulter: How Venugopal Dhoot lost his empire (Business Standard)

During the 80s, when founder of Videocon group Venugopal Dhoot, now 78, visited Japan for the first time to seek a partnership with Toshiba to bring colour ...

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Venugopal Dhoot: From an industry leader to a defaulter: Rise and ... (The Economic Times)

The eldest son of late Nandlal Madhavlal Dhoot, who founded the Videocon Group in 1984, Venugopal was largely responsible for driving the conglomerate to ...

Though it was challenged before the Supreme Court by Twin Star, the creditors of Videocon Industries are still looking for a buyer. In the 2012 spectrum auction, Videocon won back licences in 6 circles but sold to the market leader However, Dhoot's downfall started when it entered into the cellular service area with Videocon Telecommunications. In 1982, when the public broadcaster Doordarshan began transmitting colour television programmes in India, it opened a new segment. Chanda Kochhar and her husband Deepak Kochhar were arrested by the Central Bureau of Investigation (CBI) last week in connection with alleged cheating and irregularities in loans sanctioned by ICICI Bank to Videocon Group companies. [loan fraud case](/topic/loan-fraud-case), Venugopal Dhoot during his heydays was not the one to simply sit on small achievements like [Videocon](/topic/videocon)becoming the largest television set manufacturer in India.

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Chanda, Deepak Kochhar, Venugopal Dhoot sent to CBI custody till ... (Livemint)

Ex-ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar, and Videocon group founder Venugopal Dhoot have been sent to CBI custody till 28 December.

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Videocon Loan Case: वेणुगोपाल धूत गिरफ्तार, सीबीआई अदालत ने कोचर ... (अमर उजाला)

CBI: सीबीआई से जुड़े सूत्रों के अनुसार 71 वर्षीय धूत को सोमवार को मुंबई से गिरफ्तार किया ...

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Who is Venugopal Dhoot, the industrialist arrested by CBI in ICICI ... (CNBCTV18)

The Central Bureau of Investigation (CBI) arrested Videocon Group founder and chairman, Venugopal Dhoot, from Mumbai on Monday, December 26, in connection ...

Chanda Kochhar was a member of the committee that cleared the loan to Dhoot, the CBI has alleged. The company also operates in the oil and gas sector. His father Nandlal Dhoot founded Videocon Corporation and Videocon Electronics.

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लोन फ्रॉड में वेणुगोपाल धूत की गिरफ्तारी, आगे किसकी बारी? (नवभारत टाइम्स)

Venugopal Dhoot News: सीबीआई ने ICICI लोन फ्रॉड मामले में वीडियोकॉन के संस्थापक वेणुगोपाल धूत ...

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Videocon Loan Fraud Case: चंदा कोचर और वेणुगोपाल धूत 3 दिनों की CBI ... (ABP News)

Bank Loan Fraud Case: सीबीआई ने चंदा कोचर और उनके पति दीपक कोचर को शुक्रवार को पूछताछ के बाद ...

शनिवार को उन्हें मुंबई में विशेष अवकाशकालीन अदालत के न्यायाधीश एस एम मेनजोंगे के समक्ष पेश किया गया, जिन्होंने उन्हें 26 दिसंबर तक सीबीआई (CBI) की हिरासत में भेज दिया था. धूत सीबीआई की नोटिस को अनदेखा कर रहे थे वो सीबीआई के सामने उपस्थित नहीं हो रहे थे. इसी की जांच के लिए चंदा कोचर और दीपक कोचर की 3 और दिन की रिमांड चाहिए. सीबीआई ने कहा कि वीडियोकॉन और धूत लोन के बेनिफिशियरी हैं. ICICI-Videocon Loan Fraud Case: सीबीआई को आईसीआईसीआई-वीडियोकॉन लोन धोखाधड़ी मामले में कोचर दंपति और धूत की तीन दिन की हिरासत मिली है. इस रोल के लिए हम 6 लोन के बेनिफिशियरी की जांच कर रहे हैं.

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Bank Loan Fraud Case: वेणुगोपाल धूत, चंदा और दीपक कोचर 28 दिसंबर ... (Financial Express (Hindi))

Venugopal Dhoot, Chanda and Deepak Kochhar remanded to CBI custody in ICICI Bank loan fraud case: वीडियोकॉन ग्रुप के प्रमुख ...

वीडियोकॉन ग्रुप के संस्थापक और प्रमुख वेणुगोपाल धूत (Venugopal Dhoot), ICICI बैंक की पूर्व सीईओ चंदा कोचर (Chanda Kochhar) और उनके पति दीपक कोचर (Deepak Kochhar) को सीबीआई ने ICICI बैंक से जुड़े लोन फ्रॉड के मामले में गिरफ्तार किया है. आरोप है कि इसके एवज में धूत ने चंदा कोचर के पति दीपक कोचर की कंपनी न्यूपावर रिन्यूएबल्स लिमिडेट (NRL) को कारोबारी डील्स के जरिए फायदा पहुंचाया. [सोमवार को वेणुगोपाल धूत की गिरफ्तारी ](https://www.financialexpress.com/hindi/india-news/venugopal-dhoot-arrested-cbi-arrests-videocon-chairman-venugopal-dhoot-in-icici-bank-money-laundering-case/2926544/)के बाद सीबीआई ने उनकी रिमांड भी तीन दिन के लिए बढ़ाने का अनुरोध किया, जिसे कोर्ट ने मान लिया. सीबीआई ने तीनों आरोपियों को सोमवार को सीबीआई स्पेशल कोर्ट के जज एएस सय्यद की अदालत में पेश किया. कोर्ट ने उनकी इस मांग को मंजूर करते हुए तीनों आरोपियों को 28 दिसंबर तक के लिए सीबीआई की कस्टडी में सौंपने का आदेश दे दिया. इन तीनों ही लोगों को सीबीआई ने हाल ही में गिरफ्तार किया है.

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CBI arrests Venugopal Dhoot in loan fraud case (bizzbuzz)

ICICI Bank Ltd allegedly sanctioned Rs3,250-cr credit facilities to Trend Electronics Ltd, Century Appliances Ltd, Kail Ltd, Value Industries Ltd and Evan ...

Desai had also brought to the court's notice a letter written by the ICICI Bank to the CBI in July 202I stating that there was no wrongful loss to it in any of the transactions under question. Chanda Kochhar has denied knowledge of any pecuniary transactions between her husband and Dhoot, the agency had claimed during remand proceedings at a CBI Special Court in Mumbai on December 24. The CBI is planning to file a charge sheet against the three and other suspects soon.

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CBI arrests Videocon Group founder Venugopal Dhoot in ICICI loan ... (Business Standard)

Videocon founder sent to custody till December 28, along with ex-ICICI Bank CEO Chanda Kochhar and her husband.

[CBI](/topic/cbi) told the court it wanted to confront Dhoot with the Kochhars. The CBI is planning to file a charge sheet against the three and other suspects soon, officials said. This came days after the probe agency apprehended [ICICI](/topic/icici) Bank’s former chief executive officer (CEO) and managing director [Chanda Kochhar](/topic/chanda-kochhar) and her husband Deepak Kochhar for alleged irregularities in financial transactions with the now-bankrupt conglomerate. Sandeep Bakhshi replaced Kochhar as CEO & MD of the private sector bank. “The summonses under Section 41 of CrPC were issued, and the laws are clear that the accused will not be arrested or else we would have taken anticipatory bail,” Ladda said. [Central Bureau of Investigation](/topic/central-bureau-of-investigation) (CBI) on Monday arrested Videocon Group founder Venugopal Dhoot in connection with the [ICICI](/topic/icici) [Bank loan fraud](/topic/bank-loan-fraud) case.

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CBI arrests Videocon's Venugopal Dhoot | Mint (Livemint)

The Central Bureau of Investigation arrested Videocon Group chairman Venugopal Dhoot for allegedly bribing ICICI Bank officials to secure loans.

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Videocon chief Venugopal Dhoot arrested in loan fraud case: All you ... (India Today)

CBI sources told India Today that they have evidence to prove that all three - Chanda Kochhar, Deepak Kochhar and Venugopal Dhoot -conspired together in the ...

Other than the loan of Rs 300 crore, fiver other high value loans worth Rs 1,575 crore were sanctioned and disbursed by ICICI Bank to Videocon Group during the period 2009 to 2011. She, further, allegedly failed to disclose to ICICI Bank that she and her husband had a very close association with Venugopal Dhoot since the year 1994-95. She allegedly neither disclosed these facts to ICICI Bank nor recused herself from the committees of ICICI Bank, recommending or sanctioning loans to Videocon. Chanda Kochhar was also a shareholder in a company in which Dhoot had a substantial shareholding. She was involved in recommending and sanctioning credit as Member or Chairperson of the committees of ICICI Bank. The arrest came three days after the federal probe agency arrested ICICI Bank’s former MD and CEO Chanda Kochhar and her husband Deepak Kochhar in this case.

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Venugopal Dhoot, Chanda Kochhar, her husband in CBI custody till ... (India Today)

Chanda Kochhar, Deepak Kochhar and Venugopal Dhoot were arrested for alleged cheating and irregularities in loans sanctioned by the ICICI Bank to Videocon ...

The CBI has claimed that ICICI Bank had sanctioned credit facilities to the tune of Rs 3,250 crore to the companies of Videocon Group promoted by Dhoot. Apart from this transaction, the CBI alleged wrongful personal gains by the Kochhars in various other transactions too. This was not something that was anticipated." They said the "invitations for marriage had gone and the pre-wedding ceremonies had started and this is now very embarrassing. This is an absolute abuse of power." He added, "This is the most unspecified application filed by CBI stating non cooperation by accused. "We have put Dhoot's air ticket in the annexure before the court to show that he was indeed out of town and came and went to CBI office. Advocate S Laddha, appearing for Dhoot, submitted that the businessman was undergoing medical treatment in Aurangabad from where he hails. He was being summoned but he did not appear and this morning, when he came, he was arrested. "There is wrongful loss to ICICI bank of Rs 1,730 crores between 2009 and 2011... Also Read He submitted before the court that while Chanda Kochhar was heading the bank, as many as six loans were sanctioned which are under the scanner.

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CBI arrests Videocon Chairman Venugopal Dhoot in ICICI Bank ... (The Hindu BusinessLine)

The 71-year-old Dhoot was arrested nearly three days after former CEO and MD of the ICICI Bank Chanda Kochhar and her husband Deepak Kochhar were taken into ...

The CBI charged that the bank, with Kochhar at the helm, sanctioned ₹1,875 crore loan to the Videocon Group in violation of the lending policies. The CBI discovered that six loans worth ₹1,875 crore were sanctioned to Videocon Group and its associated companies between June 2009 to October 2011 in violation of ICICI Bank’s lending policies. Dhoot was remanded to three days of CBI custody by a special court in Mumbai, said sources.

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Chanda Kochhar Arrest: चंदा-दीपक कोचर और वेणुगोपाल का मास्टर माइंड ... (Zee News Hindi)

चंदा कोचर की गिरफ्तारी ने देश भर में तहलका मचा दिया है. दरअसल, केंद्रीय जांच ब्यूरो (CBI) ...

दरअसल, केंद्रीय जांच ब्यूरो (CBI) ने शुक्रवार को आईसीआईसीआई बैंक (ICICI Bank) की पूर्व सीईओ चंदा कोचर और उनके पति दीपक कोचर को बैंक फ्रॉड (ICICI Bank Fraud Case) मामले में गिरफ्तार कर लिया है. इसके बाद, ED ने साल 2020 में चंदा कोचर, दीपक कोचर और उनकी कंपनियों से संबंधित 78 करोड़ रुपये की संपत्ति कुर्क कर ली. गौरतलब है कि चंदा कोचर ने 26 अगस्त 2009 को वीडियोकॉन इंटरनेशनल इलेक्ट्रॉनिक्स को 300 करोड़ रुपये और 31 अक्टूबर 2011 को वीडियोकॉन इंडस्ट्रीज लिमिटेड को 750 करोड़ रुपये आईसीआईसीआई बैंक द्वारा देने की मंजूरी दी. इसके बाद, जनवरी 2019 में सुप्रीम कोर्ट की जांच पूरी हुई और चंदा कोचर दोषी पाई गईं. मामले के तूल पकड़ने के बाद आईसीआईसीआई बैंक ने विस्तृत जांचा का ऐलान किया और इस पूरे मामले की जांच सुप्रीम कोर्ट के रिटायर्ड जज बीएन श्रीकृष्णा को सौंपी गई. आइये जानते हैं कैसे 3 लोगों ने इस बड़े घोटाले को अंजाम दिया.

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Fall of Videocon Empire! How Chanda Kochhar saga hit Venugopal ... (Business Today)

According to Anirudh Dhoot, son of Videocon Group CEO Venugopal Dhoot, it became the first company to bring colour TVs in India. Under his father's stewardship, ...

CBI now alleged, completing the web of transactions, Dhoot resigned from directorship of SEPL soon after and transferred the control of the company by transferring his shares to Pinnacle Energy Trust, which was managed by Deepak Kochhar. Videocon Group was the dominant player in the consumer durable industry but rapid diversification into unrelated sectors caused much damage to its financial fortunes that proved to be costly in later years. Meanwhile, Dhoot, a passionate cricket lover, made futile attempts to acquire the now defunct Pune team in the Indian Premier League (IPL) in 2010. Videocon Telecom had to formally shut shop in February 2017, after Reliance Jio disrupted the market with its affordable 4G data packs. But the loans sanctioned by the bank under Kochhar turned non-performing assets - at least Rs 1,730 crore of them. Riding on the new wave, Videocon had already picked up telecom spectrums for 17 circles and was gearing up to launch its telecom services. It is now alleged that Kochhar, husband of then MD and CEO of ICICI Bank Chanda Kochhar, was hand in glove with his wife and Dhoots in defrauding the bank by laundering money. One of its new entries - into the renewable power sector - is now under scanner. To further consolidate its market position, Dhoot went on to acquire some of the prominent brands of the era - Electrolux, Kelvinator and Kenstar - and ramped up production capacities by adding Philips India’s TV manufacturing facility. The CBI investigations now reveal how the seeds of failure were sowed in Dhoot’s heydays. But when India went on to unexpectedly champion the ODI World Cup in 1983 - raising demand for TV sets - it quickly ventured into the business - setting up a manufacturing plant in 1985. Its consumer durables business was at its peak - amid competition to the two Korean chaebols Samsung and LG.

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Arrest of Videocon chief may not impact its stock (bizzbuzz)

Officials arrested Venugopal Dhoot in Mumbai and CBI will produce him before a Special CBI court; Videocon Industries Ltd stock on Monday closed Rs0.18 or ...

Venugopal Dhoot resigned from the directorship of SEPL in 2009 and transferred control of the said company to Deepak However, before resigning from the directorship, Venugopal Dhoot allotted 1,997,500 warrants to Deepak Kochhar at the rate of Rs10 per warrant, on an initial payment of Rs1 per warrant. NRL was incorporated on December 24, 2008, with Deepak Kochhar, Venugopal Dhoot, and Saurabh Dhoot as the first directors of the company.

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ICICI Bank loan case: CBI arrests Venugopal Dhoot (Economic Times)

A holiday court remanded Dhoot in CBI's custody till December 28. The court also extended the remand of Chanda Kochhar and her husband Deepak who were ...

A sanction to prosecute by a competent authority is required under the Prevention of Corruption Act. The CBI asked for reissuance of the sanction letter, stating that the letter shouldn't be a reason for not conducting a "fair investigation". The Rs 300 crore loan availed by Dhoot from ICICI (Bank) was to take care of his other liabilities... However, according to people privy to the CBI's findings, after receiving the communique, the agency wrote to the bank on multiple occasions. "We summoned the three on December 15, asking the three to join the probe on December 19. Then, on December 22nd, Dhoot appeared and told us that he couldn't be available on December 23 as he has to be before the Enforcement Directorate.

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कैसे जेल पहुंचे भारत के सबसे बड़े उद्योगपतियों में से एक वीडियोकॉन प्रमुख ... (TV9 Hindi)

2015 में, फोर्ब्स पत्रिका ने धूत को भारत के 61 वें सबसे अमीर व्यक्ति के रूप में आंका.

2010 और 2012 के बीच चंदा कोचर के नेतृत्व वाले बैंक से 3,250 करोड़ रुपये का लोन प्राप्त करने के कुछ ही महीनों बाद, कथित तौर पर कई शेल कंपनियों के माध्यम से दीपक कोचर की न्यूपॉवर रिन्यूएबल्स में 64 करोड़ रुपये का निवेश किया. वेणुगोपाल धूत के नेतृत्व में, कंपनी ने तेजी से बाजार में अपना नाम स्थापित किया और देश में रंगीन टेलीविजन पेश करने वाले पहले ब्रांडों में से एक कंपनी बन गई. 30 सितंबर, 1951 को जन्मे वेणुगोपाल धूत ने पुणे विश्वविद्यालय से इलेक्ट्रिकल इंजीनियरिंग में ग्रेजुएशन किया और जल्द ही अपने पिता नंदलाल माधवलाल धूत के साथ इंडियन आर्मी में शामिल हो गए, जिन्होंने 1985 में वीडियोकॉन की स्थापना की.

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ICICI Bank Fraud Case: Why Were Chanda Kochhar, Venugopal ... (Business Today)

ICICI Bank loan fraud case: Videocon's Venugopal Dhoot was arrested by the CBI on December 26, two days after the agency arrested former CEO and MD of ICICI ...

In early 2019, the CBI booked the Kochhars and Dhoot for alleged cheating and corruption in sanctioning loans to Videocon, thereby causing a loss of Rs 1,730 crore to ICICI Bank. The CBI picked up Chanda Kochhar's brother-in-law Rajiv Kochhar for questioning in the same month But on March 31, the CBI stepped in and took over the case

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TV की दुनिया बदलने वाला एक स्कूटर कारोबारी, लोन फ्रॉड के बाद अब CBI के ... (Hindustan हिंदी)

बजाज स्कूटर की डीलरशिप रखने वाले परिवार से ताल्लुक रखने वाले वेणुगोपाल धूत ने कुछ ...

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From an industry leader to a defaulter: Rise and fall of Venugopal ... (The Hindu BusinessLine)

Now arrested in connection with the ICICI Bank loan fraud case, Dhoot during his heydays was not the one to simply sit on small achievements like Videocon ...

Though it was challenged before the Supreme Court by Twin Star, the creditors of Videocon Industries are still looking for a buyer. In the 2012 spectrum auction, Videocon won back licences in 6 circles but sold to the market leader Bharti Airtel and shut down operations. They sold ownership in some of their gas fields and telecom business, but it did not work. However, Dhoot's downfall started when it entered into the cellular service area with Videocon Telecommunications. Dhoot tried to pare debts by selling some of his assets. In 1982, when the public broadcaster Doordarshan began transmitting colour television programmes in India, it opened a new segment.

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ICICI Videocon Loan Fraud Case : पहला कलर टेलीविजन लाने वाले ... (News18 इंडिया)

ICICI Videocon Loan Fraud Case- वीडियोकॉन समूह के चेयरमैन वेणुगोपाल धूत अब सीबीआई की हिरासत में हैं.

वेणुगोपाल की अगुवाई में वीडियोकॉन का कारोबार खूब बढ़ा. वेणुगोपाल की अगुवाई में वीडियोकॉन ने खूब तरक्की की. साल 1985 में वेणुगोपाल के पिता नंदलाल माधवलाल धूत ने वीडियोकॉन इंटरनेशनल की स्थापना की थी. साल 2017 में इस लोन को एनपीए में डाल दिया गया. कभी भारत के अमीरों की सूची में 61वें स्थान पर रहे वीडियोकॉन के चेयरमैन वेणुगोपाल धूत (Venugopal Dhoot) लोन फ्रॉड केस में अब सीबीआई की गिरफ्त में हैं. धूत की अगुवाई में ही वीडियोकॉन ने देश का पहला कलर टेलीविजन लांच किया था.

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Image courtesy of "Business Insider India"

Venugopal Dhoot – The man who went from making colour TVs to ... (Business Insider India)

Venugopal Dhoot, Videocon founder and chairman, has been arrested days after former ICICI Bank MD and CEO Chanda Kochhar and her husband Deepak Kochhar were ...

A ₹5 crore flat of the Videocon group was also allegedly transferred to Deepak Kochhar’s family trust in 2016 for just ₹11 lakh, according to a report by the Economic Times. Most of the amount loaned turned into non-performing assets. At its peak, Videocon also launched mobile phones, telecom and satellite TV services.

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