Videocon is on the way of bankruptcy

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Videocon is on the way of bankruptcy *******************************************************************************
Videocon is the one of the biggest company of India Most of the Indians are purchasing one of the product of Videocon for so many years *******************************************************************************
Videocon is producing large number of products customise to Indian population Indian taste and preferences *******************************************************************************
Videocon is on the way of bike racing *******************************************************************************
Videocon group of companies has so much of debt or loan that it it is is very difficult to believe that at such a good brand is in big trouble *******************************************************************************
Videocon used to who get profit in crores but now its financial condition is very bad *******************************************************************************
Videocon has 90000 crores of Dept for loan bye by banks and other creditors *******************************************************************************
Videocon industries Limited has 59000 crores of of loan or credit *******************************************************************************
Videocon telecommunication Limited 26000 crores of loan *******************************************************************************
731 vendors are yet to get their payment for loan amount apart from the banks *******************************************************************************
Videocon industries Limited is yet to give 3200 crores of rupees for loan of operational creditors *******************************************************************************
Similarly Videocon telecommunication limited has 1300 corrodes of loan or credit from operational supplies *******************************************************************************
The last few years before Videocon was the one of the biggest brand in India has presence in television DTH fridge washing machine oil gas petroleum *******************************************************************************
One after another the diversification of of Videocon into so many industries started feeling not generating expected revenue or started getting lot of obstacles on the problem *******************************************************************************
Even Court cases are there on Videocon on for some or the other regions *******************************************************************************
Videocon industries has received loan or credit from 54 entities in which 34 banks *******************************************************************************
Videocon industries easier to give 11175 crores of rupees of SBI bank loan *******************************************************************************
IDBI bank is the second largest bank creditor to video call IDBI has given 9561 crores of loan *******************************************************************************
ICICI Bank has given 3318 crores of rupees as a loan *******************************************************************************
In case of Videocon telecommunication SBI has given 4600 crrore of loan in rupee *******************************************************************************
Central Bank of India has given 3000 crores of loan to Videocon telecommunication company limited Videocon telecommunication Limited has taken loan from ICICI bank which is 1439 crores rupees police has filed FIR against ICICI chief Chanda kochhar, her husband venugopal dhoot and against the companies for violating rules of rules of code of conduct *******************************************************************************
It is tChanda kochhar has discriminated some companies and and preferred some companies while giving distributing & disbursing loan *******************************************************************************
Bank has gone to nclt to get their loan amount back ok and they want IT infrastructure of the real estate assets of Videocon to be sold out *******************************************************************************
Venugopal dhoot has said because of notebandi television business of the company impacted *******************************************************************************
In Brazil because of red tape petroleum business has drastically significantly influence and affected *******************************************************************************
Supreme Court has given a verdict or say that Telecom licences will be scrapped for or finished and something else will be replaced by Telecom licence *******************************************************************************
Videocon as fallen to a large extent and it was in the sky earlier right now it has fallen on the earth badly *******************************************************************************
Companies about to be filed bankruptcy *******************************************************************************
Videocon group files bankruptcy it will be a largest case of bankruptcy in India *******************************************************************************