VG Siddhartha’s letter to Coffee Day Enterprises’ board raises more questions than answers. Shareholders are understandably worried. Shares of Coffee Day and its listed subsidiary Sical Logistics were down 20percent on Tuesday. Wednesday opened with a similar decline in Coffee Day shares. The founder’s death, the issues alluded to in the letter, and the events in the coming weeks and months will determine the listed companies’ fate. The questions that the letter raises A main question relates to the financial problems...
Moneycontrol Pro Panorama | Another challenge for capex revival
May 29, 2023 / 03:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: China’s attempt to assert dominance won’t succeed, another military dictato...Read Now
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