Videocon Industries Limited is an India-based company. The Company is primarily into manufacturing and distribution of color televisions, refrigerators, washing machines, air conditioners, microwave ovens, glass shells and other components. The Company, along with its subsidiaries, operates in three segments: crude oil and natural gas, consumer electronics and home appliances, and telecommunications. The Company’s subsidiaries include Paramount Global Ltd., Global Energy Inc., Sky Billion Trading Ltd., Videocon Global Ltd., Venus Corporation Ltd. and Powerking Corporation Ltd., among others. During the fiscal year ended September 30, 2008, the Company together with its subsidiary, Videocon International Electronics Limited, acquired 64% interest in Datacom Solutions Private Limited.