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Coffee Day Enterprises says deleveraging assets to ensure liquidity position of the company
•Coffee Day Enterprises Ltd (CDEL), whose long-term rating has been recently downgraded to 'D' by credit rating agency ICRA, is "deleveraging its assets" for debt reduction and to ensure liquidity position for the company
Coffee Day Group's Sical Logistics exploring strategic alternatives to reduction Rs 1, 488 cr debt
•Sical Logistics on Thursday said it has an external debt of Rs 1,488 crore, which has been secured by the personal guarantees of late Coffee Day Group promoter VG Siddhartha, and "strategic alternatives" are being worked out to deleverage the company
L&T makes offer to buy up to 66% stake in Mindtree for Rs 10,800 crore; IT firm to remain independent listed entity
•L&T has entered into a deal to buy Cafe Coffee Day owner V G Siddhartha's 20.32 percent stake in Mindtree and has also placed an order with brokers to pick up another 15 percent
Coffee Day fails to stir the shares pot hot, trading below over 17% issue price
Fp Archives •The company, which competes with global giant Starbucks in the fast-growing Indian consumer market, had fixed a price band of Rs 316-328 per share for its IPO.