The CBI presented the evidence against the accused while arguing for taking cognisance of the chargesheet filed by it in April against the Kochhar couple, Videocon Group chairman VN Dhoot and others. The court has adjourned the matter to July 12. Cognisance in legal parlance paves the way for commencement of trial against an accused.
The CBI presented the evidence against the accused while arguing for taking cognisance of the chargesheet filed by it in April against the Kochhar couple, Videocon Group chairman VN Dhoot and others. The court has adjourned the matter to July 12. Cognisance in legal parlance paves the way for commencement of trial against an accused.
Money trap: At insolvency’s doors, Dhoots forced to exit
Lacking financial dexterity: VN Dhoot, Chairman, Videocon group - REUTERS×
Vedanta’s takeover of 13 companies offers electronics major Videocon a lifeline, but it may not be enough for the beleaguered group
“Whatever role life gives you, play it big.” That used to be a tagline of consumer electronics major Videocon. Ironically, it was the play for big that led to the downfall of this home grown company.
In 2008, when Videocon, armed with an all-India licence, ventured into the telecom business, it did so with starry-eyed hopes of offering something unique to customers. The vision was no less than Reliance Jio’s, says a senior executive closely associated with Videocon’s telecom roll out. “We would have been the fastest company to launch pan India telecom services,” he says. The group spearheaded by Venugopal Dhoot had ambitions far stretching beyond its existing businesses.