Coffee Day Enterprises reports Q4 net profit at Rs 58.67 crore
NEW DELHI: Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022. The company had posted a net loss of Rs 272.09 crore in the January-March quarter a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing. CDEL’s revenue from operation […]
Coffee tycoon Siddhartha repaid all loans, had no dues: Tata Capital
NEW DELHI: Amid talk of financial stress driving founder V G Siddhartha to allegedly end his life, the coffee tycoon had repaid all the loans taken from Tata Capital Financial Services (TCFS) and has no outstanding dues to the entity. According to TCFS, it had a maximum exposure of Rs 165 crore to Caf Coffee […]
‘Inquisition’: Siddhartha’s death fuels India Inc’s anger against crackdown
By Aftab Ahmed & Aditya Kalra NEW DELHI: The apparent suicide of coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger towards the government among business leaders who feel it is going too far in its crackdown on fraud and tax evasion. Drastic measures taken by Prime Minister Narendra Modi’s administration include […]
Karnataka: Cafe Coffee Day founder V G Siddhartha’s body found
MANGALURU: The body of Cafe Coffee Day (CCD) founder V G Siddhartha, who had gone missing, was found on Wednesday in the Netravati river in Dakshina Kannada district of Karnataka after 36 hours of intense search, officials said. The body had washed ashore near Ullal and was fished out by local fishermen. Mangalore MLA U […]