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December 24, 2022
This was revealed after a special CBI court on Saturday remanded former ICICI Bank CEO-MD Chanda Kochhar and her husband Deepak Kochhar to CBI custody till December 26. The CBI had arrested the couple on Friday in connection with their alleged role in the ICICI Bank-Videocon money laundering case. Venugopal Dhoot of Videocon Group is a co-accused in the case.Duri
October 21, 2022
New Delhi [India], October 21 (ANI/PNN): On the auspicious occasion of Diwali, Lotus Electronics brings to you the Diwali Deal Festival from October 16 to 30, 2022. Customers can get up to 70 per cent discount on all electronic products available at Lotus Electronics (Online and Offline) and also get up to 10 per cent cashback on their card shopping. Customers can also use coupon code 'LOTUSDEAL' to avail a discount of Rs 500 (Subjected to conditions). Lotus Electronics provides customer...
September 28, 2022
New Delhi [India], September 28 (ANI/PNN): On the auspicious occasion of Navratri, Lotus Electronics brings to you the Navratri Deal Festival from September 26, 2022, to October 5, 2022. Customers can get up to 70 per cent discount on all electronics available at Lotus Electronics (Online and Offline) and up to 10 per cent cashback on their card shopping. Customers can also use coupon code 'LOTUSDEAL' to avail of a discount of Rs500 (Subjected to conditions). Lotus Electronics provides c...
November 30, 2021
The top court was hearing an appeal filed by the bank against the November 25 order of Allahabad High Court refusing to quash the notices under section 102 CrpC and FIR lodged by the police.
June 9, 2021
The World Bank has slashed Indias GDP forecast for fiscal year 2021-22 to 8.3 per cent from 11.2 per cent predicted earlier, as the second COVID-19 wave hits India hard.
June 9, 2021
Haircut bluesAccepting for a meagre amount of โน2,900 crore by the committee of creditors in the case if Videocon company is most unfortunate. The committee of creditors has to forego โน42,000 crore as
May 28, 2021
KOLKATA: Cable TV expert retired Lt Col VC Khare has passed away. He contributed to the cable TV industry in India in different roles for nearly three decades. He was also a member of the Bureau of Indian Standards (BIS) where he played a significant role in formulating 8 BLS Specification for Cable TV Hardware. He published over 30 papers on Cable TV. The cable industry
May 23, 2021
Welcome clarification ร SC ruling on personal guarantees in corporate bankruptcies is welcome, but NCLT is not in sync There have been two important, and in fact contrary, developments regarding insolvency and bankruptcy laws last week. A positive development was the Supreme Court ruling that creditors can initiate proceedings against personal guarantors of a corporate debtor, and even after approval of a resolution plan. This will facilitate more effective resolutions of corporate insolvenci...
March 12, 2021
Synopsis The bail application was moved by Dhootโs lawyer Sandeep Ladda at the court of additional sessions judge AA Nandgaonkar seeking relief from arrest for the 70 year old Dhoot on grounds of his age and ill health during the course of the trial. Dhootโs counsel is said to have given a suo moto assurance that he will not leave the country. Videoconโs former promoter Venugopal Dhoot has been granted bail by a special prevention of money laundering act (PMLA) court in Mumbai where the e...
February 12, 2021
Kochhar appeared before the court on Friday in connection with the ICICI Bank-Videocon money laundering case. The special court for Prevention of Money Laundering Act (PMLA) had on January 30 summoned Chanda Kochhar, her husband Deepak Kochhar, Videocon Group promoter Venugopal Dhoot and other accused in the case after taking cognisance of the Enforcement Directorates (ED) charge sheet. Chanda Kochhar appeared before the special Judge A A Nandgoankarand filed a bail application through her la...