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Videocon eyeing Motorola`s handset biz: report

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India Infoline News Service / Mumbai Apr 02, 2008 10:54According to media reports, Videocon group chairman said that we have expressed our interest in acquiring Motorola’s handset business. We learnt from a reliable source that they will be selling it and when they do we are sending an expression of interest.The Videocon group is planning to bid for Motorola's troubled handset unit, if the US-based company decides to sell the loss-making business. According to media reports, Videocon group Chairman Venugopal Dhoot has been quoted as saying that Videocon is in the initial stages of evaluating a bid."We have learnt from a reliable source that they (Motorola) will be selling it and when they do we are sending an expression of interest," he added. According to a financial daily, the group has hired a leading investment banker to convey its interest t…