New Delhi, July 2 (IANS) Government-owned oil major Bharat Petroleum Corporation Ltd (BPCL) announced on Thursday that it has acquired Videocon’s remaining stake in IBV Brasil Petroleo Ltd, increasing its ownership from 65.4 per cent to 100 per cent in the Brazilian upstream company as part of the public sector company’s strategy to expand its presence in the oil and gas exploration and production segment.The acquisition was completed through BPCL’s upstream subsidiary, Bharat PetroResources L…
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New Delhi, April 22 (IANS) The Enforcement Directorate (ED) filed a supplementary charge sheet before a Special Court (Prevention of Money Laundering Act) in the national capital against Sachin Dev Duggal, a United Kingdom resident, for his alleged involvement in the multi-crore Videocon money laundering case, officials said on Wednesday.The complaint has been filed in continuation of the original charge sheet submitted on December 18, 2024, against Venugopal Dhoot and 12 others. The Special PML…
New Delhi, Feb 16 (IANS) The Special Court has issued notices to Venugopal Dhoot and 12 other entities in the Rs 61,773 crore bank loan fraud case related to Videocon’s oil and gas business in Mozambique, according to a statement issued by the Directorate of Enforcement (ED) on Monday. The notice, issued by the special court at Rouse Avenue in Delhi, is in response to a prosecution complaint filed by ED on Dec 18, 2024, under the provisions of the Prevention of Money Laundering Act (PMLA) i…