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VG SIDDHARTHA DEMISE
IDBI Trusteeship files insolvency resolution application against Coffee Day EnterprisesAres SSG Capital Management has filed an application for corporate insolvency of Coffee Day Enterprises (CDEL) due to a bond default. CDEL'...- Rare ARC gives binding offer for Coffee Day loanRare ARC has offered an upfront payment of ₹68 crore for a total loan of ₹110.4 crore, equating to a recovery of 62% for the private lender...
- Pristine Malwa gets court nod for resolution plan of CCD armPristine Malwa proposed a ₹521-crore resolution plan, which includes payment to lenders, employees, and cash in the company. The offer equa...
- Coffee Day Enterprises promoted Sical Logistics received four firm bids under insolvency proceedingsLenders are hoping to recover at least one-fourth of their dues from the company which began facing a liquidity crunch after the sudden dem...
- Rabobank plans to take Coffee Day Global to bankruptcy courtCoffee Day Global houses the nationwide retail outlet network, Xpress cafés and the office vending business of the eponymous group founded ...
- CCD lenders initiate talks with PEs to sell office vending businessThe three funds are said to be independently evaluating the CCD business that has India’s largest network of fresh coffee-dispensing machin...
- We have reduced the debt burden, the worst is over: Coffee Day Enterprises’ new CEO Malavika HegdeI am bullish on both the cafe and vending businesses. Both businesses will need to pass a few more hurdles before they flourish, says Coffe...
- What's brewing? Coffee Day stock doubles in grey market in 5 days!Off-market dealers says the company is likely to be back on track this year. They are buying the management view at the AGM, where it asser...
- Coffee Day partner London Bubble to open shop-in-shops to generate revenue amid debt pressureWith a revenue sharing model, LBC will piggyback on Cafe Coffee Day’s (CCD) wide store network to strengthen its footprint amid the pandemi...
- Tata Consumer seeks staggered payout deal for Coffee Day’s vending machine businessCoffee Day Enterprises Ltd (CDEL) has put a Rs 2,000 crore price tag on its vending machine operations. TCP is likely to offer an upfront p...
- Coffee Day Group likely to call for bids to sell majority stake in SicalCDEL is exploring options to get the best value for each of the group’s operational businesses.
- Sical in talks with DP World, others to sell its port assetsSetting Sale The Coffee Day Group company’s iron ore container terminal in Ennore is valued at Rs 800 crore and Sical Logistics is looking ...
- A month after VG Siddhartha's demise, CCD founder's father passes awayGangaiah Hegde passed away in Mysuru after prolonged illness.
- Coffee Day Enterprises Board to discuss whether to rope in strategic investors or sell assetsThe five-member board, led by former Karnataka Chief Secretary SV Ranganath, is expected to deliberate on the steps it will need to take to...
- Friday flashback: When VG Siddhartha was ready to sell his house, wife’s jewellery to build CCDThe CCD boss had spoken to ETPanache a few days before his company went public in 2015.
- From startup ideas on CCD napkins to coffee dates: R Ashwin, Innoz boss remember VG Siddhartha's legacyTweets recalling fond memories at Cafe Coffee Day flooded the micro-blogging site.
- India's startup and tech leaders mourn VG Siddhartha's sudden demiseTech leaders took to social media to recollect their relationship or raise concerns on various difficulties faced by the country's business...
- VG Siddhartha passes away: Rajiv Bajaj calls him uncommonly humble, Mallya says he's indirectly relatedIndia Inc expressed shock and concern at Café Coffee Day owner's revelation.
- Coffee Day Board to probe VG Siddhartha's claims in note allegedly written by himThe Board of Coffee day Enterprises met in the aftermath of the demise of its VG Siddhartha.
- Is Team Mindtree coming to terms with L&T reality? What can happen nowOn its part, L&T has ruled out a merger, but that’s only “for the time being”.
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