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  Business   Companies  24 Jan 2019  Videocon Industries, ICICI Bank shares fall up to 3 per cent

Videocon Industries, ICICI Bank shares fall up to 3 per cent

PTI
Published : Jan 24, 2019, 5:44 pm IST
Updated : Jan 24, 2019, 5:44 pm IST

The scrip of Videocon Industries Ltd went down by 2.73 per cent to close at Rs 2.85 on the BSE.

Shares of ICICI Bank fell by 0.72 per cShares of ICICI Bank fell by 0.72 per cent to end at Rs 365 apiece on the BSE. ent to end at Rs 365 apiece on the BSE.
 Shares of ICICI Bank fell by 0.72 per cShares of ICICI Bank fell by 0.72 per cent to end at Rs 365 apiece on the BSE. ent to end at Rs 365 apiece on the BSE.

New Delhi: Shares of Videocon Industries and ICICI Bank fell by up to 3 per cent on Thursday after the CBI booked former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and Videocon group MD Venugopal Dhoot in connection with alleged cheating and irregularities.

The scrip of Videocon Industries Ltd went down by 2.73 per cent to close at Rs 2.85 on the BSE. Shares of ICICI Bank fell by 0.72 per cent to end at Rs 365 apiece on the BSE.

 

The CBI has booked Chanda, Deepak and Dhoot in connection with alleged cheating and irregularities in loans sanctioned by the bank to the group in 2012, officials said Thursday.

The agency on Thursday carried out searches at multiple locations, including the offices of Videocon group in Mumbai and Aurangabad, offices of Nupower Renewables Pvt Limited which is operated by Deepak Kochhar, and Supreme Energy after registering a case.

In addition to Chanda, Deepak and Dhoot, the agency has also named companies NuPower Renewables, Supreme Energy, Videocon International Electronics and Videocon Industries as accused in the FIR registered under IPC sections related to criminal conspiracy and provisions of the Prevention of Corruption Act, they said. 

 

Tags: videocon industries, icici bank, shares, profit, revenue
Location: India, Delhi, New Delhi