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Related Party Transactions

March 29, 2018 Leave a comment

wealthymatters

Here are the details of this corporate-banker nexus outed by ICICI Bank and Videocon investor Arvind Gupta.

Gupta’s curiosity was aroused by a 10 per cent coincidence he noticed in ICICI’s loans to Videocon group companies and foreign fund inflows into husband Deepak Kochhar’s firm NuPower Renewables.

NuPower Renewables was originally founded as a 50-50 JV between the Dhoot family and the Kochhar and Advani families .Chanda Kochhar’s brother is Mahesh Advani. Read more of this post

Filed under Theory, Tool Kit Tagged with activist investor, Arvind Gupta, Bank NPAs, banking scam, bribe, Cayman Islands, Chanda Kochhar, corporate-banking nexus, Deepak Kochhar, DH Renewables Holding Limited, Firstland Holdings, ICICI Bank, Mahesh Advani, Managing Trustee, Mauritus, NPA, NuPower Renewables, payoff, Pinnacle Energy, postaday, quid pro quo, related party transactions, scam, Supreme Energy, trust, Tuskar Overseas, Venugopal Dhoot, Videocon, videocon case, Videocon Group, videocon scam

Dealing With The Competition Ratan Tata Style

December 29, 2012 Leave a comment

wealthymatters.com There was a time when Videocon gave tough competition to a Tata entity Nelco by making products 20 per cent cheaper.

Ratan Tata called up Venugopal Dhoot to ask how this was achieved.

“He praised me and studied my model.” – Venugopal Dhoot, managing director of Videocon Industries.

Filed under Entrepreneurship, Tool Kit Tagged with learning from the competition, postaday, Ratan Tata, Venugopal Dhoot, Videocon, Videocon Industries

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