Venugopal Dhoot

Venugopal Dhoot (born in Mumbai, India) is an Indian businessman. According to Forbes magazine, his wealth in 2015 was $1.19 billion, the 61st richest person in India.[1] He is the founder, chairman and managing director of Videocon.[2]

Venugopal Dhoot
Born (1951-09-30) 30 September 1951
NationalityIndian
Alma materCollege of Engineering, Pune
OccupationFounder & Chairman Videocon
Spouse(s)Rama Dhoot
ChildrenAnirudh Dhoot, Surbhi Bangur
RelativesRajkumar Dhoot and Pradeep dhoot (Brother)

Personal life

He is a vegetarian for spiritual reasons.[3]

Controversies

In April 2018, authorities have issued a lookout circular (LOC) for Dhoot, Chanda Kochhar and her husband Deepak Kochhar.[4] The LOC was issued due to Central Bureau of Investigation (CBI) investigations into irregularities concerning a ₹3,250 crore (US$460 million) loan made from ICICI Bank to Videocon Group[5] and the use of shell companies and a quid pro quo arrangement in the case of a ₹64 crore (US$9.0 million) loan by Dhoot of Videocon to NuPower Renewables,[6] a company which is owned by Deepak Kochhar.[4]

References
  1. "Venugopal Dhoot". Forbes. Archived from the original on 30 July 2017. Retrieved 13 October 2017.
  2. "Annual report" (PDF). videocon industries. Retrieved 11 October 2012.
  3. "On billionaire row, it's simple, veggie fare". Times of India. 28 September 2008. Retrieved 31 May 2012.
  4. Jain, Meetu. "CBI alerts airports. Chanda, Deepak, Venugopal can't leave India without informing authorities". India Today. Retrieved 7 April 2018.
  5. "CBI questions Rajiv Kochhar, Venugopal Dhoot aide in Videocon loan case". Hindustan Times. 7 April 2018. Retrieved 7 April 2018.
  6. Ohri, Raghav (5 April 2018). "Agencies to probe use of shell companies for Rs 64 crore Videocon loan". The Economic Times. Retrieved 7 April 2018.


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