Advertisements

Related Party Transactions


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

Advertisements

Dealing With The Competition Ratan Tata Style


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.” –┬áVenugopal Dhoot, managing director of Videocon Industries.

%d bloggers like this: