Ex- I-T official feels vindicated by clean chit in Coffee Day Enterprises Ltd (CDEL) probeIncome tax officials, according to people aware of the matter, were conducting searches on a prominent leader who is now in the opposition ...
CCD appoints Deloitte to conduct forensic audit of vendors, dealsCoffee Day Enterprises (CDEL), which owns CCD, has mandated Deloitte to conduct a forensic audit of the coffee chain’s vendors and the nume...
Coffee Day jumps 5% as KKR, Apax Partners in race to pick significant stakeFollowing the development, the stock jumped 5 per cent to hit a high of Rs 42.05 on BSE.
KKR, Apax Partners in race to buy significant stake in CCDKKR and Apax Partners are now conducting due diligence of the coffee chain as they are the only ones left in the race for stake in CCD. "Af...
Oyo, Apax join race for significant stake in CCDThe company in August had launched a coffee chain – The French Press. SoftBank-backed Oyo is looking to expand in the café business for som...
Coffee Day management assures lenders of early resolution of debt issueThe company has started monetizing assets to repay banks and private equity funds.
CCD management meets investors to allay concernsThe management was apprehensive of any investor/lender legal action, which could delay the process of resolving the crisis.
Coffee Day plunges 5% as company appoints E&Y to scrutinise booksEY would also scrutinise the books of the company and its subsidiaries, the company said in a filing to BSE.
Tamil Nadu bank under lens over farm loans to CCD staffThe loans, which have been obtained in the name of farmers, were reportedly diverted to different companies run by Siddhartha, I-T sources ...
Siddhartha death: Police to question Cafe Coffee Day CFO and some advisorsPolice are taking a close look at the firm's private equity (PE) partners and lenders, whom the letter blamed for putting "tremendous press...
Coffee Day makes SV Ranganath interim chairmanThe restructuring was triggered by the death of CCD founder and chairman VG Siddhartha, known as the ‘coffee king of India’.
VG Siddhartha death: Cops may question former taxmanBalakrishnan, who retired on Wednesday, was unavailable for comment.
CCD names SV Ranganathan interim chairman, Nitin Bagmane interim COOThe company said its board has also took note of a message from Malavika Hegde.
CFO says CCD to come out with action plan soon, won’t comment on Siddhartha’s letterThe company has plunged into a crisis after its founder-promoter committed suicide.
Experts expect CCD to be put entirely on the blockA board meeting has been called on Wednesday to discuss way forward.
- CCD clears way for price bids in six PSUs
The Cabinet Committee on Disinvestment on Friday finalised transaction documents for six PSUs — Engineers India, State Trading Corporation,...
- Divestment panel allows foreign cos to acquire up to 51% in SCI
The Cabinet Committee on Disinvestment today decided to suspend the divestment of Shipping Corporation of India and start all over again al...