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CCD SUICIDE
Strata acquires Bengaluru’s Iconic Café Coffee Day headquartersThe Cafe Coffee Day Square has a total built-up area of over 100,000 sq ft, and each floor measures approximately 9,000 sq. ft, according t...- Karnataka Bank set to recover over 50% of Coffee Day global debtKarnataka Bank is expected to recover more than half of its dues from the debt sale of Coffee Day Global. The bank has received a binding o...
- Rare ARC seeks to aggregate Coffee Day Global loansRare Asset Reconstruction Company plans to become the top lender by buying Cafe Coffee Day chain operator's loans. Rare ARC is said to have...
- Coffee Day Global now in bankruptcy processCoffee Day Global, which runs the Cafe Coffee Day chain in India, has been admitted for corporate insolvency by the Bengaluru bench of the ...
- 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...
- 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 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.
- CCD founders suicide: Police to probe exact causeMangaluru Police Commissioner P S Harsha had on Monday said the final Forensic Science Laboratory (FSL) report received by the police corro...
- Insiders went short on RBL after CCD chief’s newsOn that day, RBL shares dipped 12 per cent — a fall that stunned many investors.
- CCD owner V G Siddhartha's forensic report corroborates suicide theory: PoliceAccording to police sources, water was found in V G Siddhartha's lungs and his death was due to drowning.
- Coffee Day shares hit upper circuit on debt reduction planThe total debt of Coffee Day Enterprises as on July 31, 2019 was Rs 3,472 crore.
- 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...
- CEOs seek emotional anchors against stressCCD founder VG Siddhartha's death highlights the plight of leaders in today’s stressful world.
- VG Siddhartha goes missing: Kunal Bahl, Harsha Bhogle share their fondest memoriesIn a letter to the CCD family, the owner apologised to his employees and board of directors for failing as an entrepreneur.
- Govt & banks can drive anyone to despair: Vijay Mallya on Siddhartha's suicideMallya alleged that he is also being harassed by the government agencies and banks in the same manner as the CCD founder.
- The last straw: The two top reasons that may've driven Siddhartha to take the extreme stepTill the day before he disappeared, Siddhartha was trying to get a loan of Rs 1,600 cr to avert the crisis.
- VG Siddharth's disappearance: KKR says still owns over 6% in CCD; HDFC says no exposure to company since JanuaryKKR in a statement said it had invested in the popular coffee chain nine years ago and part-exited the investment last year.
- I've failed, sorry to let you all down: VG Siddhartha's last letter foundSiddhartha, the founder of coffee chain Cafe Coffee Day has been missing since Monday evening.
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