His meteoric success, and dramatic downfall, are in many ways no different from a number of other Indian industrialists who through the 2000s diversified through borrowings, says Amit Tandon, founder and managing director of IiAS, an institutional advisory.
![](https://sp-ao.shortpixel.ai/client/to_auto,q_lossy,ret_img,w_1024,h_576/https://www.indiafinancenews.com/wp-content/uploads/2023/01/128139132_gettyimages-486154904-594x594-1.jpg)
Venugopal Dhoot: How a ‘loan scam’ led to Videocon owner’s downfall – BBC
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