Venugopal dhoot biography of michael

  • The fall of Chanda Kochhar, the iconic banking CEO and a poster woman for Indian industry, holds a cautionary tale for the entire business community.
  • Venugopal Dhoot, Chairman & Managing Director Videocon Group during an interview at his office on April 3, in Mumbai, India.
  • The CBI on Tuesday booked Videocon group chairman Venugopal Dhoot for alleged corruption in the financing of their oil and gas assets in.

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    Danny Fortson

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    west coast correspondent

    Danny Fortson has been the US West Coast correspondent for The Sunday Times since the beginning of , covering all things technology and Silicon Valley. He also hosts the weekly Danny in the Valley podcast.

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    Venugopal Dhoot, U.S. firm eye $ bln gas block sale

    HONG KONG/MUMBAI (Reuters) - Anadarko Petroleum Corp (APC.N) and Indian billionaire Venugopal Dhoot have launched the auction of a 20 percent stake in a Mozambique gas field that could fetch $ billion, sources familiar with the matter told Reuters.

    The Rovuma offshore field is a hot property after recent discoveries boosted Mozambique’s gas reserves to around trillion cubic feet, enough to supply world number one importer Japan for 35 years. The east African country fryst vatten expected to eventually compete with Australia and Qatar as a major provider of liquefied natural gas (LNG) to Asia.

    Last year Thai state oil company PTT utforskning and Production PCL trumped Royal Dutch Shell Plc in a hotly contested battle for Cove Energy Plc and its percent of the field. The $ billion price tag for Cove implies the stake now on offer could fetch about $ billion.

    Dhoot, who controls consumer electronics to mobile-phone services conglome

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    Chanda Kochhar: The rise and fall of India's celebrated CEO

    It had been alleged that Ms Kochhar sanctioned loans to Videocon Industries, violating the bank's lending policies, in exchange for an investment by its owner Venugopal Dhoot in a business headed by Ms Kochhar's husband.

    Ms Kochhar, her husband and Mr Dhoot have denied the claims.

    Soon after the allegations surfaced in April, Mr Kochhar said they were all "false".

    Speaking to India Today TV, he said, "Where is the conflict of interest? ICICI Bank will have relationship with all top corporates in India. If I can't touch any corporate who deals with ICICI, is it fair to me? Can I function like this? I am a Bajaj MBA and a Harvard alumnus. I am an educated professional. Should I sit at home just because my wife is the CEO of ICICI?"

    Mr Dhoot also denied any wrongdoing, insisting in an interview with the PTI news agency that the loan to his company was given on merit. He also said he

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