Venugopal Dhoot (born in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

) is an Indian businessman. According to ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' magazine, his wealth in 2015 was $1.19 billion, the 61st richest person in India. He is the founder, chairman and managing director of

Videocon Videocon Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. The group had 17 manufacturing sites in India and plants in Mainland China, Poland, Italy and Mexico. It was the third largest picture tube manufact ...

Controversies

In April 2018, authorities have issued a lookout circular (LOC) for Dhoot,

Chanda Kochhar Chanda Kochhar ( Advani, born 17 November 1961) is the former managing director (MD) and chief executive officer (CEO) of ICICI Bank. Due to a case of conflict of interest, she resigned from her position in 2018. Subsequently, she was fired by I ...

and her husband Deepak Kochhar. The LOC was issued due to

Central Bureau of Investigation The Central Bureau of Investigation (CBI) is the premier investigating agency of India. It operates under the jurisdiction of the Ministry of Personnel, Public Grievances and Pensions. Originally set up to investigate bribery and governmen ...

(CBI) investigations into irregularities concerning a loan made from

ICICI Bank ICICI Bank Limited is an Indian Private bank. It is headquartered at Mumbai. It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiari ...

Videocon Group Videocon Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. The group had 17 manufacturing sites in India and plants in Mainland China, Poland, Italy and Mexico. It was the third largest picture tube manufactu ...

and the use of shell companies and a quid pro quo arrangement in the case of a loan by Dhoot of Videocon to NuPower Renewables, a company which is owned by Deepak Kochhar.

References

External links

Venugopal Dhoot
on

Indian billionaires Businesspeople from Mumbai Rajasthani people Living people 1951 births {{India-business-bio-stub