ONGC-OIL pay $2.475 bn to Videocon Group

Last Updated: Tuesday, January 7, 2014, 16:33

State-owned Oil and Natural Gas Corp and Oil India Ltd Tuesday paid USD 2.475 billion to Videocon Group for acquiring 10 percent stake in a giant gas field off Mozambique.

ONGC Videsh, Oil India to split Videocon stake equally

Last Updated: Sunday, October 20, 2013, 12:51

ONGC Videsh (OVL) and Oil India will split equally the 10 percent stake they acquired in a giant Mozambique gas field from Videocon Group for USD 2.475 billion.

Videocon hopeful on Bengal project

Last Updated: Saturday, September 28, 2013, 20:12

The Videocon group is hopeful about the Rs 20,000 crore power and steel project at Jamuria in Burdwan district in West Bengal and work could begin as early as the end of this fiscal.

Videocon to offer free incoming roaming on other networks

Last Updated: Tuesday, September 17, 2013, 21:54

The company, part of the USD 4 billion Videocon Group, has introduced the new incoming roaming packs aimed at reducing the roaming costs by 90 percent on rack rate, a company statement said.

SEBI seeks clarification on Videocon's D2H arm IPO

Last Updated: Monday, January 14, 2013, 21:51

Market regulator SEBI has sought clarifications from the merchant banker of Bharat Business Channel, direct to home TV arm of Videocon Group, regarding the company's proposed Rs 700 crore public offering.

Videocon to roll out LTE services by 2013-mid

Last Updated: Wednesday, December 5, 2012, 20:59

"We will get spectrum in the month of January and we expect to roll out our LTE services in six circles by middle of 2013," company's Director and CEO Arvind Bali told reporters here on Wednesday.

Videocon Group to buy Deccan Chargers?

Last Updated: Friday, September 7, 2012, 09:52

Videocon Group has expressed their interest in buying the Indian Premier League (IPL) cricket team Deccan Chargers hours after the team put itself up for sale.

Videocon to invest Rs 800-1,000 cr in telecom biz in Punjab

Last Updated: Monday, August 27, 2012, 18:58

The company may also consider investment in setting up an assembly unit for LCD and washing machines in the state.

SC moved for probe against Videocon in 2G scam

Last Updated: Tuesday, September 6, 2011, 19:48

An application was on Tuesday moved in the Supreme Court seeking to bring Videocon group within the ambit of CBI probe in the 2G scam alleging that one of its companies was a major beneficiary of spectrum allocation during former telecom minister A Raja's tenure.