Videocon Group - Wikipedia - Recent changes [en]

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'''Videocon Industries Limited''' is an Indian multinational [[Conglomerate (company)|conglomerate]], headquartered in [[Mumbai]].<ref>{{Cite web |url=http://www.videoconindustriesltd.com/ |title=Videocon Industries Investor Relations: Corporate Governance |access-date=4 June 2018 |archive-url=https://web.archive.org/web/20180605195013/http://videoconindustriesltd.com/ |archive-date=5 June 2018 |url-status=live }}</ref> The company was founded in 1979, by [[Venugopal Dhoot]]. The group had 17 manufacturing sites in [[India]] and plants in [[mainland China]], [[Poland]], [[Italy]] and [[Mexico]]. It was the third largest [[picture tube]] manufacturer in the world<ref name="Tube Opportunist">{{cite web|url=http://forbes.com/global/2007/0108/030.html|title=Tube Opportunist|work=Forbes.com|access-date=31 December 2019|archive-url=https://web.archive.org/web/20191231093607/https://www.forbes.com/global/2007/01/08/030.html|archive-date=31 December 2019|url-status=live}}</ref> valued at {{USD}}5.5 billion.<ref>{{Cite news|url=https://www.telegraphindia.com/1150830/jsp/business/story_39749.jsp|title=Videocon unit takes off|date=2015-08-30|access-date=2017-05-22|archive-url=https://web.archive.org/web/20180709064558/https://www.telegraphindia.com/1150830/jsp/business/story_39749.jsp|archive-date=9 July 2018|url-status=dead}}</ref>

'''Videocon Industries Limited''' is an Indian multinational [[Conglomerate (company)|conglomerate]], headquartered in [[Mumbai]].<ref>{{Cite web |url=http://www.videoconindustriesltd.com/ |title=Videocon Industries Investor Relations: Corporate Governance |access-date=4 June 2018 |archive-url=https://web.archive.org/web/20180605195013/http://videoconindustriesltd.com/ |archive-date=5 June 2018 |url-status=live }}</ref> The company was founded in 1979, by Jeetu Videocon

17 manufacturing sites in [[India]] and plants in [[mainland China]], [[Poland]], [[Italy]] and [[Mexico]]. It was the third largest [[picture tube]] manufacturer in the world<ref name="Tube Opportunist">{{cite web|url=http://forbes.com/global/2007/0108/030.html|title=Tube Opportunist|work=Forbes.com|access-date=31 December 2019|archive-url=https://web.archive.org/web/20191231093607/https://www.forbes.com/global/2007/01/08/030.html|archive-date=31 December 2019|url-status=live}}</ref> valued at {{USD}}5.5 billion.<ref>{{Cite news|url=https://www.telegraphindia.com/1150830/jsp/business/story_39749.jsp|title=Videocon unit takes off|date=2015-08-30|access-date=2017-05-22|archive-url=https://web.archive.org/web/20180709064558/https://www.telegraphindia.com/1150830/jsp/business/story_39749.jsp|archive-date=9 July 2018|url-status=dead}}</ref>

The company stopped trading and entered corporate insolvency proceeding in June 2018. In June 2021, [[NCLT]] approved [[Vedanta Resources|Vedanta Group]]'s bid to take over Videocon, paving the way for the new ownership.<ref>{{Cite web|date=2021-06-09|title=Vedanta arm gets nod for Videocon takeover|url=https://indianexpress.com/article/business/companies/vedanta-arm-gets-nod-for-videocon-takeover-7350074/|access-date=2021-12-16|website=The Indian Express|language=en}}</ref>

The company stopped trading and entered corporate insolvency proceeding in June 2018. In June 2021, [[NCLT]] approved [[Vedanta Resources|Vedanta Group]]'s bid to take over Videocon, paving the way for the new ownership.<ref>{{Cite web|date=2021-06-09|title=Vedanta arm gets nod for Videocon takeover|url=https://indianexpress.com/article/business/companies/vedanta-arm-gets-nod-for-videocon-takeover-7350074/|access-date=2021-12-16|website=The Indian Express|language=en}}</ref>