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videocon industries ltd (VIDEOIND) Details

Videocon Industries Limited, together with its subsidiaries, manufactures, assembles, and distributes a range of consumer electronics and home appliances in India and internationally. The company operates through Consumer Electronics and Home Appliances, Crude Oil and Natural Gas, Telecommunications, and Power segments. It offers televisions, refrigerators, washing machines, air conditioners, microwave ovens, mobile phones, glass shell panels and funnels, compressors, and motors. The company is also involved in the exploration and production of crude oil and natural gas primarily in India, Brazil, Mozambique, East Timor, Indonesia, and Australia. In addition, it offers telecommunication services, such as GSM mobile services under the Videocon Telecom brand name; DTH services under the Videocon d2h brand name; and non-life insurance services. Further, the company develops 2 coal-fired thermal electricity power projects with a capacity of 1,200 megawatts in the states of Gujarat and Chhattisgarh; and operates solar photovoltaic power projects, as well as develops residential and commercial properties. Additionally, it offers smart phones, small home appliances, LED televisions, and tablets online in the United Arab Emirates. Videocon Industries Limited was incorporated in 1986 and is based in Mumbai, India.

Founded in 1986

videocon industries ltd (VIDEOIND) Top Compensated Officers

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videocon industries ltd (VIDEOIND) Key Developments

Videocon Industries Limited Establishes Oil Reserves in Brazil

Videocon Industries Limited announced that M/S PETROBRAS, Operator of the block SEAL-M-426 in BM-SEAL-11 Concession, Brasil, has completed the formation test (assessing the potential of a petroleum deposit) of well 3-BRSA-1286-SES (ANP nomenclature) /3-SES-186 (Petrobras nomenclature), located in the BM-SEAL-11 concession in the SEAL-M-426 block in ultra-deep waters of the Sergipe-Alagoas Basin. The results of the formation test confirmed the presence of light oil (37 ° API) and good productivity of the reservoirs. This drilling identified two reservoir intervals of light oil and gas - the top with a thickness of 44 meters, and the bottom 11 meters thick, the bottom zone being a new discovery for the area. The well is located 102.7 kilometers from the city of Aracaju (SE) and 10.3 km from the first discovery well 'Farfan', in a water depth of 2,467 meters. The well drilling reached a final depth of 6,060 meters. This is the third appraisal well in Farfan area, discovered in October 2012, and the initial results of drilling of this well had been communicated to stock exchange on 03.02.2015. This well is part of the Farfan Appraisal Plan in the Sergipe-Alagoas Basin in deep waters, as provided for in the said Plan by the Consortium for the period 2014-2018.

Videocon Appoints Akshay Dhoot as Head of Technology

Videocon has appointed Akshay Dhoot as head of technology. In his new role, Dhoot will be instrumental in formulating technologically advanced products at Videocon and transforming the consumer electronics segment into a next-gen enterprise. He has worked across Videocon Group companies and has also played a vital role in service, manufacturing and R&D sector for CE&HA and Videocon d2h.

Videocon Industries Ltd Appoints Ramabai V. Dhoot as Director

Videocon Industries Ltd. announced that the board of directors of the company at its meeting held on February 28, 2015, has appointed Mrs. Ramabai V. Dhoot as a director of the company.

 

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Bajaj Electricals Ltd 235.60 INR 0.00
Havells India Ltd 279.80 INR 0.00
Khaitan India Ltd 6.65 INR 0.00
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