Videocon Industries

SBI Seeks Bids For Videocon's Overseas Oil, Gas Assets: Report

Business | Thomson Reuters | Monday August 5, 2019

Videocon Industries has oil and gas assets in India, Brazil and Indonesia, in addition to its now-defunct consumer electronics business in India.

Creditors May Lose Over Rs 90,000 Crore As Videocon Sinks: Report

Business | Indo-Asian News Service | Thursday April 4, 2019

Videocon Telecommunication has claimed Rs 1,786.95 crore from Videocon Industries on which there is no dispute. This and other data has been uploaded by the company's resolution professional (RP) on its website today for varying periods ranging from November 2018 to January 2019.

Sebi To Probe Firms Named In 'Paradise Papers'

Business | Press Trust of India | Monday November 6, 2017

'Paradise Papers' investigation has explored 13.4 million leaked files from offshore law firms and company registries in some secretive countries.

Videocon Industries Posts Loss Of Rs 287 Crore In June Quarter

Business | Press Trust of India | Sunday August 14, 2016

Videocon Industries on Sunday reported a standalone net loss of Rs 286.64 crore for the quarter ended June 30, 2016.

Videocon Industries March Quarter Net Loss At Rs 190 Crore

Business | Press Trust of India | Monday May 16, 2016

During the quarter, the company said consumer electronics and home appliances vertical had a revenue of Rs 2,682.61 crore compared with Rs 2,851.30 crore a year ago, down 5.91 per cent.

Videocon Shares Surge 17% on Spectrum Deal

Business | Press Trust of India | Thursday March 17, 2016

Shares of Videocon Industries today surged by up to 17 per cent after Bharti Airtel said it will acquire Videocon Telecommunications's spectrum in six circles in the 1800 MHz Band for a consideration of Rs 4,428 crore.

Airtel In Rs 4,428 Crore Deal To Buy Videocon Spectrum After Idea Deal Fails

Business | NDTV Profit Team | Thursday March 17, 2016

Bharti Airtel on Thursday entered into a Rs 4,428 crore deal to buy Videocon Telecommunications' spectrum in six circles. The announcement was made hours after Idea Cellular called off its Rs 3,310 crore spectrum deal with Videocon.

Videocon Industries Redeems $194.40 Million FCCBs

Business | Press Trust of India | Thursday December 31, 2015

Videocon Industries has fully redeemed $194.40 million (approx Rs 1,290 crore) foreign currency convertible bonds (FCCBs) through a combination of cash payout and fresh FCCBs.

Idea Cellular Gains, Videocon Soars on Spectrum Deal

Business | NDTV | Thursday November 26, 2015

Idea Cellular shares were up nearly 2 per cent on Thursday, while Videocon Industries traded 5 per cent higher after earlier gaining as much as 9 per cent. The two companies had on Tuesday announced a Rs 3,300 crore deal involving the sale of Videocon's spectrum in Gujarat and Uttar Pradesh (West) circles to Idea.

Videocon to Raise Rs 641 crore Through FCCBs

Business | Press Trust of India | Tuesday November 17, 2015

Videocon Industries will raise $97.20 million (about Rs 641 crore) through five-year Foreign Currency Convertible Bonds (FCCBs) due in 2020.

Videocon Plans $2.5 Bn Brazil Oil and Gas Investments

Business | Thomson Reuters | Friday July 3, 2015

Videocon, which gets most of its revenue from its consumer durables business, has expanded its oil and gas business in recent years with investments in countries including Australia and Indonesia.

Videocon to Manufacture Mobile Handsets at Salt Lake Unit

Press Trust of India | Wednesday June 24, 2015

"Full production will start just before the Durga Puja festival," Videocon Industries director Anirudh Dhoot said.

Petrobras, ONGC Find New Oil Reservoir Off Brazil's Sergipe

Business | Thomson Reuters | Tuesday June 2, 2015

Brazil's state-run Petroleo Brasileiro SA discovered a new deposit of light oil in deep waters off the coast of the northern state of Sergipe, the company said on Monday.

Videocon Industries Jumps as Satellite TV Arm Gets Listed on Nasdaq

Business | Wednesday April 8, 2015

The company rang the opening bell at the Nasdaq stock market here yesterday on the occasion of its listing.

Videocon Industries Surges Ahead of Satellite Television Arm's Nasdaq Listing

Business | Tuesday March 31, 2015

Videocon Industries has raised $325 million through issue of American Depository Receipts (ADRs). The company will use the funds to pay down its debt.