ED slaps Rs.660-cr notice on Videocon group for forex violations

[IndianMascot]

ok..sending money here in the name of funds to evade tax

Yeah something like that.

 

[Technoglitch]

yes, it is similar to hawala Sanjeev .C bro

 

[DashMajor]

So Videcon Group is sacked but AFAIK d2h registered separately before as Bharat Channel something like that then it changed but it not share Videocon Group. As we already know d2h is going to launch IPO soon.

 

[Sanjeev]

So Videcon Group is sacked but AFAIK d2h registered separately before as Bharat Channel something like that then it changed but it not share Videocon Group. As we already know d2h is going to launch IPO soon.

But d2h is part of their group so I think they too will be questioned

 

[Technoglitch]

if the parent company is a partner then obviously it would be under the scanner.

 

[DashMajor]

But as I know at Stock exchange Videocon Group does not consists d2h.

 

[IndianMascot]

But as I know at Stock exchange Videocon Group does not consists d2h.

Its not about stock exchange bro. Even if d2h is listed as separate company, it's part of Videocon Group.

 

[DashMajor]

OK so its about whole group.

 

[IndianMascot]

Yup. Now you got it.

 

[NinadG]

Reports indicate that the investigation is going on atleast since 2012. Also it is alleged that former FM Chidambaram has indirect stake in Videocon. Now with the change in govt old ghosts are coming out.