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  • VG Siddhartha death probe reveals fund diversion of Rs 3,500 crore from Coffee Day Enterprise Jul 24, 2020 10:33 PM IST

    VG Siddhartha death probe reveals fund diversion of Rs 3,500 crore from Coffee Day Enterprise

    The inquiry gave a clean chit to the Income Tax Department that was being claimed to have harassed Siddhartha

  • CCD owner suicide case | Rs 4,000 crore missing from Coffee Day Enterprises books, probe reveals Jul 23, 2020 08:51 PM IST

    CCD owner suicide case | Rs 4,000 crore missing from Coffee Day Enterprises books, probe reveals

    The investigation report, which may be submitted to the company’s board soon, gives a clean chit to tax officials and PE investors, trashing allegations that they may have pushed Siddhartha to take his own life

  • Rs 2,000cr missing from Coffee Day's accounts: Report Mar 17, 2020 11:02 AM IST

    Rs 2,000cr missing from Coffee Day's accounts: Report

    The CDEL board initiated the investigation after Siddhartha's death in July 2019, and the probe report is still in the draft stages.

  • CCD owner VG Siddhartha's family to sell coffee plantations to clear debts Mar 16, 2020 01:40 PM IST

    CCD owner VG Siddhartha's family to sell coffee plantations to clear debts

    The family's reluctance to manage such large holdings is another reason they are looking at selling off the coffee plantation

  • Nearly 500 CCD outlets shut down across India since April: Report Nov 15, 2019 08:35 PM IST

    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.

  • Does Coffee Day’s sale of non-core businesses make it investment worthy? Sep 13, 2019 09:29 AM IST

    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

  • Coffee Day Enterprises puts Sical Logistics on sale Sep 09, 2019 09:16 AM IST

    Coffee Day Enterprises puts Sical Logistics on sale

  • CCD owners on hunt for new funds, putting sale on hold Sep 06, 2019 01:19 PM IST

    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

  • Coffee Day Enterprises debt to come down to Rs 1,000 cr after sale of its tech park Aug 17, 2019 05:01 PM IST

    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 board appoints EY to inspect books, contents of VG Siddhartha's purported letter Aug 08, 2019 08:23 PM IST

    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 Aug 08, 2019 11:43 AM IST

    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

  • Trustee invokes pledged shares of Coffee Day Enterprises Aug 07, 2019 10:08 PM IST

    Trustee invokes pledged shares of Coffee Day Enterprises

    Debenture holders have the right to dilute 10.55 percent of the pledged shares

  • Mallya makes another offer of 100 percent loan payback Aug 07, 2019 09:31 PM IST

    Mallya makes another offer of 100 percent loan payback

    In the wake of the death of Cafe Coffee Day founder V G Siddhartha, Sitharaman made the statement while responding to the debate on the amendments to the Insolvency and Bankruptcy Code (IBC) in the Lok Sabha last Thursday.

  • VG Siddhartha’s death massive setback for Indian coffee growers Aug 07, 2019 11:18 AM IST

    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 Aug 04, 2019 01:42 PM IST

    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

  • No exposure to any Cafe Coffee Day group cos, says Tata Capital Financial Services Aug 04, 2019 12:10 PM IST

    No exposure to any Cafe Coffee Day group cos, says Tata Capital Financial Services

    According to TCFS, it had a maximum exposure of Rs 165 crore to Café Coffee Day (CCD) group in FY17-18, and that the entire amount had been repaid by March 2019.

  • VG Siddhartha's demise: Coffee Day Enterprises postpones its Q1 results Aug 02, 2019 08:55 PM IST

    VG Siddhartha's demise: Coffee Day Enterprises postpones its Q1 results

    The company was set to announce the results on August 8, 2019.

  • VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report Aug 02, 2019 12:45 PM IST

    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.

  • Siddhartha saga: Property attachment is by no means tax terrorism Aug 02, 2019 12:40 PM IST

    Siddhartha saga: Property attachment is by no means tax terrorism

    Brand and job creation are all fine, but that’s no ticket to a compensatory legal reprieve.

  • CCD owner VG Siddhartha, lenders may have differed on valuation of assets Aug 02, 2019 10:10 AM IST

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

  • VG Siddhartha: Money lessons for you in death, as in life Aug 02, 2019 09:55 AM IST

    VG Siddhartha: Money lessons for you in death, as in life

    Managing debt, keeping personal and business finances separate, and curbing reckless spending are critical

  • An analyst call in May gave an inkling of VG Siddhartha's problems Aug 01, 2019 04:33 PM IST

    An analyst call in May gave an inkling of VG Siddhartha's problems

    A letter believed to have been written by Siddhartha on July 27, 2019 states that he was under ‘tremendous pressure’ from private equity partners to buy back their shares

  • VG Siddhartha had personal debt of more than Rs 1,000 crore: Report Aug 01, 2019 11:24 AM IST

    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 highlights: Many bid farewell to CCD founder as last rites undertaken in Chikamagaluru Jul 31, 2019 09:11 PM IST

    VG Siddhartha highlights: Many bid farewell to CCD founder as last rites undertaken in Chikamagaluru

    Live updates: Cafe Coffee Day founder VG Siddhartha's body has been found near Mangaluru. He was missing since July 29

  • Editor's pick: VG Siddhartha’s death brings changes in CCD; Invesco to buy 11% more in Zee; the Fed to cut interest rate due to global uncertainty Jul 31, 2019 07:53 PM IST

    Editor's pick: VG Siddhartha’s death brings changes in CCD; Invesco to buy 11% more in Zee; the Fed to cut interest rate due to global uncertainty

    The biggest stories of the day by Rakesh Sharma.

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