Coffee Day investigation reveals about Rs 2,000 cr missing from firm's accounts after death of VG Siddhartha; report likely to be released soon
Over a hundred-page draft report, which is expected to be released soon, mentioned about the financial transactions of Coffee Day and its dealings with dozens of private companies owned by Siddhartha.
VG Siddhartha was confirmed dead on 31 July, 2019 after his body was found in the Netravati river in Dakshina Kannada district of Karnataka, a day after he went missing
Yes Bank flashes red card to Cafe Coffee Day's plan to sell tech park to Blackstone Group; lender sets conditions for NOC
In August this year, the board of directors of CDEL had approved the sale of Global Village Technology Park spread of 90 acres near Bengaluru to Blackstone for up to Rs 3,000 crore.
Coffee Day Enterprises delays Q2 results: Stakeholders fate hangs in balance with firm's corporate governance and legal breaches
The financial crunch has exposed Coffee Day Enterprises to continuous exposure of default in payments of its financial dues, which may lead to the Café Coffee Day business assets slipping out of its hands
'Project to turn India into majoritarian country crippled economic development': Congress slams govt for slowdown
Congress spokesperson Manish Tewari also said the slowdown has a humanitarian side to it as manifested in death due to heart attack of an account holder in the Punjab and Maharashtra Cooperative (PMC) Bank and allege suicide of Cafe Coffee Day founder VG Siddhartha
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
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
Coffee Day sale of non-core businesses, rise in July industrial production; all this and more on Moneycontrol Pro
The bulk of the selling in the Coffee Day Enterprises stock seems to be over, with the shares hitting the upper circuit for the last three days
Coffee Day Enterprises ropes in ex-CBI official to scrutinise books of accounts; harassment charges to be probed
Earlier, Coffee Day Enterprises had appointed global accounting firm EY to scrutinise the books of accounts of the company and its subsidiaries.
The forensic report on the death of Cafe Coffee Day owner VG Siddhartha corroborates the suicide theory, Mangaluru Police Commissioner PS Harsha said on Monday
Cafe Coffee Day founder VG Siddhartha's father Gangaiah Hegde passes away at 96, to be cremated in Chikmagalur
Staying true to the family's coffee-related heritage of over 130 years, reports say that Hegde had started out as a coffee planter at an estate in the Chikmagalur district.
Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 cr to cut debt
Cafe chain operator Coffee Day Enterprises on Wednesday announced the sale of its Global Village Tech Park in Bengaluru to Blackstone for up to Rs 3,000 crore to cut its debt
CCD board meeting: Coffee Day Enterprise appoints EY to scrutnize book of accounts; investigate into VG Siddhartha purported letter
Coffee Day Enterprises on Thursday said it has appointed global accounting firm EY to scrutinize the books of accounts of the company and its subsidiaries
Vijay Mallya makes another offer of 100% loan payback to banks on Twitter; quotes FM's statement on business failures
Vijay Mallya's social media interventions against the Indian government are a regular occurrence on Twitter
Coffee Day Enterprises Ltd on Tuesday said it is aware of reports questioning the authenticity of the signature on the purported letter written by late founder VG Siddhartha and is cooperating with regulatory authorities in this regard
Coffee Day Enterprises on Wednesday named independent director SV Ranganath as the interim chairman of the company to replace its founder VG Siddhartha, who was confirmed dead, days after he went missing.
CCD founder VG Siddhartha's death fuels Corporate India's anger over govt's 'overzealous' crackdown on fraud, tax evasion
Tax collectors are also under pressure, government sources familiar with the matter have said, declining to be identified as they were not authorized to speak on the matter.
Shares of Coffee Day Enterprises further plummeted 10 percent to hit its lowest trading permissible limit for the day on Thursday as investor sentiment remained hit for the third consecutive trade amid a slew of negative news surrounding the company
VG Siddhartha dead: Close ties with Congress leader DK Shivakumar may have landed CCD founder in trouble
Bengaluru’s business, political circles have come to believe that there are chances that Siddhartha's problems stemmed from his close ties with Shivakumar. Siddhartha’s father-in-law, SM Krishna, Karnataka’s former chief minister, who is now with the BJP was a protégé of Shivakumar.