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  Malavika Hegde, wife of late CCD founder VG Siddhartha, appointed company's CEO

  Business | December 07, 2020 22:15 IST

  Coffee Day Enterprises Ltd (CDEL) on Monday said Malavika Hegde, the wife of its late founder VG Siddhartha, has been appointed as the company's Chief Executive Officer. CDEL runs a chain of Cafe Coffee Day restaurants in India.

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  Coffee Day Enterprises ropes in retired CBI DIG Ashok Kumar to scrutinise books of accounts

  Business | August 30, 2019 17:41 IST

  Ashok Kumar will also investigate the circumstances under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated July 27, alleging harassment by the income tax department.  

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  Late CCD owner VG Siddhartha's father passes away

  India | August 25, 2019 18:48 IST

  Cafe Coffee Day owner, late V G Siddhartha's father, Gangaiah Hegde passed away on Sunday in a Mysuru hospital, a month after Siddhartha was found dead in the Netravati River on July 31.

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  Coffee Day Enterprises says debt to fall to Rs 1,000 crore post sale of Bengaluru tech park

  Business | August 17, 2019 16:12 IST

  The debt position of Coffee Day Group post repayment of debt out of proceeds from the sale of Global Village is expected to be around Rs 1,000 crore in the next 45 days, it added. As per the filing, the total debt of Coffee Day Enterprises as on July 31, 2019, was Rs 3,472 crore.

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  Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 crore

  Business | August 14, 2019 17:43 IST

  The announcement comes weeks after Coffee Day Enterprises founder V G Siddhartha allegedly committed suicide. In a letter purportedly written by him, Siddhartha mentioned severe financial stress being faced by his group firms, among other issues.

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  Aware of reports questioning authenticity of VG Siddhartha's signature: Company

  India | August 06, 2019 15:56 IST

  The purported letter, which is believed to be the final note by the late promoter and widely circulated on social media, contained statements alleging harassment on VG Siddhartha by the Income Tax department. In a reply to the clarification sought by the bourses on the issue, Coffee Day Enterprises said "the company is aware of the news report" and added that it is "co-operating with regulatory authorities in relation to the letter and related matter."

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  CCD Owner Death: Celebrities mourn the shocking demise of owner VG Siddhartha

  Celebrities | July 31, 2019 20:22 IST

  The business tycoon, VG Siddhartha, who happens to be the founder-owner of the chain of Cafe Coffee Day shocked the nation with the news of his sudden death. Various celebrities filled Twitter with condolence messages.

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  VG Siddhartha's alma mater has long list of notable alumni

  India | July 31, 2019 17:59 IST

  Sixty-year-old Siddhartha went missing on Monday evening and his body was found on Wednesday. Siddhartha, who was the Chairman and Managing Director of Coffee Day Enterprises, completed BCom from St Aloysius College.

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  CCD boss Siddhartha to be cremated at his coffee estate in Karnataka

  India | July 31, 2019 16:27 IST

  Siddhartha was on Wednesday afternoon taken to Chattanahalli, his village, in Karnataka's Chikkamagaluru district, a family source said. Siddhartha went missing on Monday night. Two fishermen later found his body floating in the backwaters of the Netravathi river on Wednesday morning.

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  After VG Siddhartha's death, SV Ranganath appointed interim chairman of Cafe Coffee Day

  Business | July 31, 2019 14:06 IST

  SV Ranganath has been named the interim chairman of Cafe Coffee Day after the death of VG Siddhartha. Nitin Bagmane has been made the interm chief operating officer.

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  After CCD founder's death, Coffee Day Enterprises shares plummet 20%; hit lowest trading permissible limit

  Business | July 31, 2019 11:42 IST

  Shares of Coffee Day Enterprises Ltd further plummeted 20 per cent to hit its lowest trading permissible limit for the day on Wednesday after its Chairman and Managing Director V G Siddhartha's body was found.  

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  Govt agencies, banks can drive anyone to despair: Vijay Mallya on CCD founder VG Siddhartha

  India | July 31, 2019 11:28 IST

  Siddhartha, the son-in-law of BJP leader SM Krishna, was under the scanner of the income tax department and Enforcement Directorate for alleged irregularities in his association with information technology company Mindtree Ltd.

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  RIP Siddhartha: CCD outlets across country to shut for a day

  India | July 31, 2019 10:59 IST

  All our 1,750 retail outlets in about 240 cities will remain shut for the day as a mark of respect to our founder-chairman Siddhartha who is no more. The decision came just hours after Siddhartha's body was fished out of the Netravathi river on the west coast earlier in the day.

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  CCD founder VG Siddhartha cremated at Chethanahalli estate | Highlights

  India | July 31, 2019 21:35 IST

  VG Siddhartha, the son-in-law of Karnataka's former chief minister S M Krishna, committed suicide by jumping into Netravathi river on July 29 and his body was recovered on Wednesday.

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  CCD founder VG Siddhartha's body recovered from Netravati river near Mangaluru

  India | July 31, 2019 7:51 IST

  CCD Founder VG Siddhartha's body has been recovered from Netravati river near Mangaluru after a 35-hour extensive search. VG Siddhartha, son-in-law of SM Krishna, went missing on Monday.

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  Mystery deepens as fisherman says saw a man jump from bridge; CCD confirms Siddhartha's signature in note

  India | July 30, 2019 23:57 IST

  Siddhartha, 60, went missing on Monday evening and was seen last on the road bridge between Ullal and Mangaluru over the river around 7 pm as his car driver Basavaraj Patil told the police.

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  Of a bitter brew: What led to VG Siddhartha's downfall? | Explained

  Fyi | July 30, 2019 17:36 IST

  Coffee Day Enterprises, the holding firm of Coffee Day, had a total debt of around Rs 6,550 crore as on March 2019. The group's coffee business, which includes some exports, reported revenues of Rs 1,777 crore in FY18 and Rs 1,814 crore in FY19.  

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  CCD's shares may lose one-third of its market value: Analyst

  India | July 30, 2019 16:03 IST

  Cafe Coffee Enterprise on the BSE are trading at Rs 154.05 apiece, after it hit lower circuit post a decline of 20 per cent during the early trade on Tuesday. Analysts have warned that further panic selling can cause the share value to fall down to double digit from Rs 154 currently.

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  CCD founder VG Siddhartha missing: Here's all you need to know about India's coffee king

  India | July 30, 2019 12:13 IST

  V. G. Siddhartha is an Indian businessman from Karnataka's Chikkamagaluru district. He is best known as the founder-owner of the chain of Cafe Coffee Day outlets. He comes from a family that has been in the business of coffee plantation for around 140 years. He is credited with creating India's largest coffee empire. He is also married to the daughter of former Karnataka CM SM Krishna.

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  VG Siddhartha unreachable, CCD informs NSE; shares tank

  Business | July 30, 2019 11:30 IST

  While search for CCD founder VG Siddhartha is underway, the company in a letter has informed the National Stock Exchange (NSE) that the business is running as usual.