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Videocon oil ventures

25.11.2020
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The Videocon group began in 1955 when Nandlal Dhoot  started a sugar mill by importing machinery from Europe. In 1986, Nandlal’s three sons, Venugopal, Rajkumar, and Pradipkumar, started Adhigam Creditors, led by SBI, have taken steps to sell the overseas assets of Videocon Oil Ventures Ltd(VOVL), reported LiveMint. The creditors have sought expressions of interest from various parties to monetise upstream assets of the company, said the report. As per the report, the sale will impact the company assets in Brazil, Indonesia and East Timor. Get the latest Videocon industries ltd management information and corporate updates at IIFL. Videocon Industries Ltd Share Price Videocon Inds. Buy Sell. Buy Sell. Videocon Oil Ventures Read more about Videocon revives plan for oil, gas asset sales on Business Standard. With the crude oil prices recovering to $52 a barrel, Videocon Industries is planning to revive its oil, gas asset sales to repay its debt, top bank and company officials said."The group is repaying all its loans in time and there is no question of While the NCLT has admitted the petition against Videocon Industries, the action will not cover its subsidiary Videocon Oil Ventures that has loans of around Rs 12,000 crore and owns assets in It was when lenders of Videocon Oil Ventures (VOV) invited bids from potential buyers for selling its exploration assets in Brazil and Indonesia that the resolution professional of the parent

It is inolved in Extraction of crude petroleum and natural gas [including liquefaction/ regasification of natural gas for purposes of transport and the production, at the mining site, of hydrocarbons from oil or gas field gases ] Vovl Limited's Annual General Meeting (AGM) was last held on 29 September 2016 and as per records from Ministry of

Videocon Oil Ventures Limited is based in India, with the head office in Aurangabad. The enterprise currently operates in the Support Activities for Mining sector. The company was established on 2010. VIDEOCON OIL VENTURES LIMITED is a public company. Its registered address is Auto Cars Compound,,Adalat Road,,Aurangabad,Maharashtra,INDIA,431005.. It was incorporated in 19/01/2010. This company is registered under Registrar of Companies (RoC-Mumbai) and it is classified as the Indian Non-Government Company. SBICap seeks buyers for Videocon Oil Ventures’ overseas oil, gas assets The sale will be carried out to monetise upstream oil and gas assets located in South America (deep offshore blocks) and

SBICap seeks buyers for Videocon Oil Ventures’ overseas oil, gas assets The sale will be carried out to monetise upstream oil and gas assets located in South America (deep offshore blocks) and

24 Jan 2019 3) Nityank, Videocon has alleged, also went onto play a crucial role in Hindustan Oil Ventures Limited in its board meeting held on January 5,  13 May 2013 The Oil and Natural Gas Commission is expected to bear 51 per cent of the cost. Videocon and Command are yet to form a joint venture but are  9 Mar 2018 WhatsApp message about debt laden Videocon's Group chairman joint venture , IBV Brasil Petroleo Ltd, with Bharat Petroleum Corp. Ltd. Brazil's national oil company, Petrobras SA, is the operator in three of the four blocks. The Company is part of Videocon Group, a large and multi activity Indian business group ('Videocon Group'). Videocon, through its various subsidiaries and affiliates holds interest in various international oil and gas Concessions in Mozambique, Brazil, Indonesia, and East Timor. Videocon Oil Ventures Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Videocon Oil Ventures Blogs, Comments and Archive News on Economictimes.com

Videocon Industries Limited is a large diversified Indian company headquartered in Mumbai. Petroleum[edit]. Videocon Petroleum has 25% stake in Ravva oil field which is operated by Cairn India in Andhra Pradesh.

VOVL, formerly Videocon Oil Ventures Ltd, is one of the 32 NPA accounts identified by RBI for debt resolution at NCLT under the insolvency and bankruptcy code Ten years ago VIDEOCON OIL VENTURES LIMITED was marked by Mumbai Registrar of companies. It belongs to entity of Company limited by shares, with authorized capital 1,000,000,000 rupee and paid up capital – 1,000,000,000 rupee. Assigned registration number is: 199078, with Indian Non-Government Company category. Ten years ago VIDEOCON OIL VENTURES LIMITED was marked by Mumbai Registrar of companies. It belongs to entity of Company limited by shares, with authorized capital 1,000,000,000 rupee and paid up capital – 1,000,000,000 rupee. Assigned registration number is: 199078, with Indian Non-Government Company category.

Videocon Industries Ltd.-VIDEOIND, BSE:511389 Latest news, stock scores, Videocon's foreign assets are held under Videocon Oil Ventures Ltd, which in 

ONGC (40%), Videocon Petroleum (25%) and Ravva Oil (12.5%) It has undertaken the initial assessment for Videocon and assisted the joint venture partners  8 Aug 2019 Resolution Processes for 15 Corporate Debtor (Videocon group companies). b. Debtors' combinedly are joint venture company” Therefore apart from all other reasons inter-alia, the existence of Reeva oil-field. 5 Aug 2019 The State Bank of India has invited bids for overseas oil and gas assets of Videocon Industries Ltd, a newspaper advertisement. Real estate platform MultiLiving nabs $6 mn from Lodha Ventures · TMT · Airtel picks up stake  14 Feb 2017 Meanwhile, Videocon's crude oil and natural gas venture saw revenues dip by 39 % mostly due to a glut in global oil prices. The group is now  24 Jan 2019 3) Nityank, Videocon has alleged, also went onto play a crucial role in Hindustan Oil Ventures Limited in its board meeting held on January 5,  13 May 2013 The Oil and Natural Gas Commission is expected to bear 51 per cent of the cost. Videocon and Command are yet to form a joint venture but are  9 Mar 2018 WhatsApp message about debt laden Videocon's Group chairman joint venture , IBV Brasil Petroleo Ltd, with Bharat Petroleum Corp. Ltd. Brazil's national oil company, Petrobras SA, is the operator in three of the four blocks.

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