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Bids invited for debt-ridden Videocon under insolvency resolution process

NEW DELHI: Resolution professional of debt-ridden Videocon Industries on Tuesday invited bids from prospective buyers to take control of the firm, which has interest ranging from consumer electronics to oil and gas. The corporate insolvency resolution process (CIRP) of Videocon Industries Ltd (VIL), which has debt of around RS 20,000 crore, was commenced under the […]

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