Cafe Coffee Day

Last week, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) completed the hearing and reserved its order over the appeal filed by the director of its suspended board, CDEL informed through a regulatory filing

Author's experience at a Cafe Coffee Day in Gurgaon: Fungus smell, unwashed cups, no water & only large coffee

The customer described entering Café Coffee Day to a 'fungus smell' but refrained from complaining. When he requested a small cappuccino, he was informed that only large takeaway cups were available.

NCLT orders insolvency proceedings against Coffee Day Enterprises

CDEL, which also owns and operates a resort, renders consultancy services and is engaged in the sale and purchase of coffee beans, had defaulted in the payment of coupon payments of redeemable non-convertible debentures (NCDs)

Coffee Day Enterprises logs Q2 loss at Rs 109.15 crore on account of exceptional items

It had reported a profit of Rs 4.35 crore in the July-Septemer period a year ago, according to a regulatory filing from Coffee Day Enterprises Ltd (CDEL).

Coffee Day Enterprises shares nosedives over 19%

Coffee Day Enterprises shares plunged 19.40 per cent to close at Rs 32 on the NSE. A similar movement was also seen on the BSE, where the scrip tumbled 19.26 per cent to settle at Rs 32.06.

NCLT admits insolvency plea against Coffee Day Global

The Bengaluru bench of the NCLT passed an order over a plea filed by a financial creditor of the company, claiming dues of Rs 94 crore, Coffee Day Enterprises Ltd, CDGL's parent company said in a regulatory filing.

Bank stocks in focus, block deal in Kalyan Jewellers, more trouble for Cafe Coffee Day | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about the rebound in banking shares on Wall Street, Warburg Pincus' stake sale in Kalyan Jewellers and SEBI's penalty on Coffee Day Enterprises. Also catch SK Hozefa of Tradeplus share his views on the hike in securities transaction tax. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.

SEBI levies Rs 1 crore penalty on another subsidiary in the CCD network; CFO, promoter-director go off the hook

The company- MACEL- acted as a pass-through entity for the said fund diversion and has aided and abetted CDEL in such a large-scale fund diversion.

Starbucks rival coffee chain Tim Hortons to launch in India

Tim Hortons, a competitor of Starbucks, is targeting to open 120 company-operated stores in the country in the next three years.

Coffee Day Enterprises pays Rs 69 lakh to settle case with SEBI

The SEBI order said that post the settlement the pending adjudication proceedings initiated against Coffee Day Enterprises Ltd has been disposed of.

Use Bitcoin to buy Domino's Pizza, Baskin Robin ice creams and more in India: Know how

Unocoin is providing its users with a diversified option of brands across sectors like travel, restaurants, lifestyle companies, clothes, accessories, hotels, and much more to use their Bitcoins as an alternative cash commodity.

Business Insight | Tata Group and Jubilant FoodWorks eye Coffee Day's vending machine business

The Coffee Day Group's overall business took a hit after the sudden demise of founder V G Siddhartha in July last year.

What led to VG Siddhartha's downfall: CCD board probe reveals details of flawed business model

The new report is not public yet and details various transactions carried out by Siddhartha which were not in the report submitted to the stock exchanges on July 24.

Cafe Coffee Day shuts 280 more outlets in April-June quarter, cites profitability issues

Cafe Coffee Day reported a decline in average sales per day per cafe to Rs 15,445 during the April-June quarter from Rs 15,739 in the corresponding period of the last fiscal.

Coffee Day lender Yes Bank may block Blackstone deal: Report

Yes Bank is the single-largest lender to Coffee Day Group, with an exposure of Rs 1,500 crore.

Nearly 500 CCD outlets shut down across India since April: Report

Those outlets across different regions which have not been profitable are being shut down, a move aimed at containing the business' falling profitability.

Coffee Day Enterprises executes definitive agreement with Blackstone Group for tech park sale at Rs 2700 crore

The transaction will substantially bring down the debt level of the group , which was earlier disclosed to be at Rs 4, 970 crore on August 17.

Blackstone Group signs definitive agreement for Coffee Day's tech park: Report

The deal might help the company service part of its liabilities.

Corporate corridor: Acquiring Café Coffee Day may not be ITC’s cup of tea

ITC has been approached to bid for Café Coffee Day. Diversification is ITC’s forte and it also knows a bit about the business, but the café business is not an easy one to crack

Coffee Day Enterprises debt to come down to Rs 1,000 cr after sale of its tech park

The company debt as on July 31, 2019 was Rs 4,970 crore. Going by the assets and its valuations listed in the purported letter written by VG Siddhartha before his death on July 27, the assets are worth Rs 18,000 crore.

Coffee Day inks pact with Blackstone for Bengaluru tech park; deal valued at Rs 2,600-3,000cr

The consolidated borrowings, including bank loans and non-convertible debentures (NCDs), of all its subsidiaries stands around Rs 6,547.38 crore as on March 31.

Coffee Day board appoints EY to inspect books, contents of VG Siddhartha's purported letter

The Coffee Day Enterprises board today appointed Ernst & Young (EY) to inspect its books and also look into the circumstances outlined by its deceased founder VG Siddhartha in his purported suicide note.

Coffee Day Board has task cut out to dilute debt, gain investor confidence

The company’s stock is at an all-time low, having crashed over 50 per cent from Rs 191 on July 29 to just over Rs 77 on August 8 on BSE

Coffee Day Enterprises may tender additional shares as collateral to bond investors

Coffee Day Enterprises has about 3-13 days to decide on the additional collateral, as per the terms of the bond subscription

VG Siddhartha: A face beyond his coffee business

Siddhartha’s friends say he was more of a hands-on person and cared about every detail of his business, getting into nitty-gritty