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Around 1990 Videocon was one of the most iconic consumer electronic brands in the India. Promoters of the Videocon further diversified business of the company in Oil, Gas, Telecom Retail and DTH service. Diversified businesses of the company were capital intensive and for running the same Company borrowed huge amount of money from the financial institution. Though Company diversified into many businesses, consumer durables was largest source of revenue, but Company failed to build its brand royalty and other competitors like Samsung, LG, Sony overtook them.

Consumer products giant Videocon group is still in talks to own one of the Indian Premier League (IPL) franchisees, group chairman Venugopal Dhoot said in Chandigarh on Thursday.

The Videocon group has an ambitious plan to set up four thermal power generating units with a combined capacity of 6,000 MW at four locations around the country with a total investment of Rs.30,000 crore, company chairman Venugopal Dhoot said on Sunday.