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Option 1: Anil Agarwal is not associated with Gujarat Heavy Chemicals Ltd., Gautam H. Singhania is not associated with Raymond Ltd., Sanjay Dalmia is not associated with Vedanta Resources, and Venugopal Dhoot is correctly associated with the Videocon Group.
Option 2: Anil Agarwal is not associated with the Videocon Group, Gautam H. Singhania is not associated with Raymond Ltd., Sanjay Dalmia is not associated with Vedanta Resources, and Venugopal Dhoot is not associated with Gujarat Heavy Chemicals Ltd.
Option 3: This is the correct answer. Anil Agarwal is associated with Vedanta Resources, Gautam H. Singhania is associated with Raymond Ltd., Sanjay Dalmia is associated with Gujarat Heavy Chemicals Ltd, and Venugopal Dhoot is associated with the Videocon Group.
Option 4: Anil Agarwal is not associated with the Videocon Group, Gautam H. Singhania is associated with Raymond Ltd., Sanjay Dalmia is not associated with Gujarat Heavy Chemicals Ltd, and Venugopal Dhoot is not associated with Vedanta Resources.