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  • Coffee Day shares rise 20% after NCLAT overturns insolvency plea in a Rs 228 crore default case

    Coffee Day shares have been locked at five percent lower circuit for the past four consecutive sessions, but saw a massive surge on March 3, riding on the positive news flow.

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

    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.

  • SEBI levies Rs 26-crore penalty on Cafe Coffee Day parent company; law firm to ensure recovery of Rs 3,400-crore dues

    SEBI levies Rs 26-crore penalty on Cafe Coffee Day parent company; law firm to ensure recovery of Rs 3,400-crore dues

    The fraudulent diversion and mismanagement of funds within the company amounting to a whopping Rs 3,535 crore first came to light when VG Siddhartha, the chairman of the Coffee Day group, committed suicide in July 2019.

  • Starbucks rival coffee chain Tim Hortons to launch in India

    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.

  • Does Coffee Day’s sale of non-core businesses make it investment worthy?

    Does Coffee Day’s sale of non-core businesses make it investment worthy?

    The Coffee Day stock has been hitting the upper circuit for the past few days

  • CCD owners on hunt for new funds, putting sale on hold

    CCD owners on hunt for new funds, putting sale on hold

    The decision not to sell a stake in Coffee Day Global follows talks with potential suitors including ITC and Coca-Cola.To pare debt, the promoters are also exploring the possibility of inducting an investor in Coffee Day Enterprises

  • VG Siddhartha's forensic report corroborates suicide theory: Police

    VG Siddhartha's forensic report corroborates suicide theory: Police

    According to police sources, water was found in Siddhartha's lungs and his death was due to drowning.

  • VG Siddhartha’s death massive setback for Indian coffee growers

    VG Siddhartha’s death massive setback for Indian coffee growers

    Given the huge role CCD’s VG Siddhartha played in India’s coffee ecosystem, there’s uncertainty in the air

  • VG Siddhartha: A face beyond his coffee business

    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

  • VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report

    VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report

    The total debt of Coffee Day Enterprise stands at Rs 6,547 crore, comprising loans from banks and securities sold to mutual funds.

  • CCD owner VG Siddhartha, lenders may have differed on valuation of assets

    CCD owner VG Siddhartha, lenders may have differed on valuation of assets

  • VG Siddhartha had personal debt of more than Rs 1,000 crore: Report

    VG Siddhartha had personal debt of more than Rs 1,000 crore: Report

    The debt was raised through three entities - Devadarshini Info Technologies, Gonibedu Coffee and Coffee Day Consolidations, according to corporate affairs ministry documents

  • VG Siddhartha's death: Vijay Mallya brands Indian government 'vicious and unrelenting'

    VG Siddhartha's death: Vijay Mallya brands Indian government 'vicious and unrelenting'

    The 63-year-old former Kingfisher Airlines boss, who is fighting extradition to India in relation to fraud and money laundering allegations, accused the government of not doing enough to support entrepreneurs in debt.

  • CCD board names Ranganath interim chairman, Bagamane interim COO

    CCD board names Ranganath interim chairman, Bagamane interim COO

    The board announced that an executive committee has been set up to exercise the powers previously vested with VG Siddhartha.

  • CCD board meets, to come out with action plan for company's future

    CCD board meets, to come out with action plan for company's future

  • Editor's Take | CCD founder VG Siddhartha missing: Fisherman claims he saw someone jumping off bridge

    Editor's Take | CCD founder VG Siddhartha missing: Fisherman claims he saw someone jumping off bridge

    In this episode of Editor's Take, Moneycontrol's M Saraswathy talks to Corporate Bureau Chief Prince Thomas to find out all about the Siddhartha's disappearance.

  • Coffee Day Enterprises down 20%, wipes out Rs 800 cr from market cap; what next for investors?

    Coffee Day Enterprises down 20%, wipes out Rs 800 cr from market cap; what next for investors?

    Any amount invested at current levels should be from the idle cash and not leveraged because the trade could go either way for a long term horizon of more than a year.

  • CCD, Afoozo bid for operating India Coffee Houses

    CCD, Afoozo bid for operating India Coffee Houses

    The iconic India Coffee House has a rich history of eight decades with the first outlet been established in 1936.

  • Chaayos in talks with Tiger Global, SIDBI Venture Capital to raise fresh funding

    Chaayos in talks with Tiger Global, SIDBI Venture Capital to raise fresh funding

    The company is likely to use the fresh fund for expanding its cafes in the country.

  • Foreign investors – Worry about your dividends!

    Foreign investors – Worry about your dividends!

    Unlike equity shares, CCPS can be tailored to include certain terms which provide its holder with significant advantages with respect to dividends.

  • CCI approves Coffee Day Overseas-Coffee Day Enterprises deal

    CCI approves Coffee Day Overseas-Coffee Day Enterprises deal

    Post amalgamation, all the assets, investments, rights, title and interests of Coffee Day Overseas will be transferred to Coffee Day Enterprises.

  • Future Consumer down 3%, IFC to invest Rs 134cr in company

    Future Consumer down 3%, IFC to invest Rs 134cr in company

    IFC will invest USD 20 million (Rs 134 crore) through equity linked instruments in the company and for the said purpose, the board has proposed to issue and allot equity linked securities to IFC.

  • PC Jeweller issues convertible debentures up to Rs 420cr

    PC Jeweller issues convertible debentures up to Rs 420cr

    The board of PC Jeweller has approved the issue of compulsarily convertible debentures (CCDs) for an aggregate amount of up to Rs 420 crore by way of a preferential allotment to DVI Fund Mauritius, the company informed exchanges today.

  • Chai as it might, coffee can't topple tea in India

    Chai as it might, coffee can't topple tea in India

    Earlier this month, Coffee Day Enterprises-the operator of homegrown chain Cafe Coffee Day (CCD)- raised USD 175 million in an initial public offering that was more than 1.8 times subscribed.

  • Coffee Day Enterprises ends 18% lower on debut day

    Coffee Day Enterprises ends 18% lower on debut day

    On the BSE, it ended at Rs 270.15, down Rs 57.85, or 17.64 percent, touching an intraday high of Rs 318 and an intraday low of Rs 266. It was trading with volumes of 3,799,555 shares on BSE.

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