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Cafe coffee day : the brand that refuse to die | Mint Explains

In this video, we explore the remarkable story of how Malavika Hegde, the wife of the late V. Siddhartha, the man behind Cafe Coffee Day, turned the company around after his tragic death in 2019. Despite facing numerous challenges, Malavika was able to reduce the company's debt, sell unnecessary assets, shut down loss-making stores, and withdraw unprofitable coffee vending machines. She also attracted new investors and successfully exported high-quality Arabica coffee beans from CCD's plantations, which helped diversify the company's revenue streams. Under Malavika's leadership, Cafe Coffee Day has seen a remarkable turnaround and become a shining example of how a company can bounce back from adversity. This is not just the tale of a brand's comeback; it is also the tale of a woman who refused to give up and showed resilience in the face of adversity.

14 Apr 2023
Opinion

What Kerala’s moneylenders understand about India

They’ve found it makes sense to go all-India with subprime lending to an underserved segment

4 min read3 Jan 2022
News

Malaysia to ease coronavirus lockdowns in five states next week

The Southeast Asian country has been under a nationwide lockdown since June 1 to rein in a surge of Covid-19 infectionsCurbs are to be partially lifted in the states of Kelantan, Pahang, Perak, Perlis, and Terengganu on Monday

1 min read3 Jul 2021
News

Malaysia declares state of emergency to curb spread of coronavirus

An emergency would give the prime minister and his cabinet extraordinary powers, including allowing the government to introduce laws without the approval of parliament

2 min read12 Jan 2021
News

Phase 2 of Malabar 2020 exercise concludes in Arabian sea

The major highlight of the four-day, second-phase exercise was participation of Indian Navy's Vikramaditya carrier battle group and the Nimitz strike group of the US NavyThe mega exercise took place at a time when India and China are locked in an over 6-month-long border standoff in eastern Ladakh

1 min read20 Nov 2020
News

Singapore tightens border steps for entry from Malaysia, Japan as Covid surges

All travelers who have been to Malaysia or Japan in the past two weeks will have to serve 14-day stay-home notices at designated facilitiesTravelers entering from Malaysia after November 27 must also take Covid test within 72 hours before departure, and must show a negative result to enter Singapore

1 min read20 Nov 2020
News

IMD to issue predictions for malaria outbreak from next monsoon: Official

19 countries in sub-Saharan Africa and India carried almost 85% of the global malaria burdenIn India, malaria cases have consistently declined from 2.08 million in 2001 to about 4 lakh in 2018

1 min read7 Nov 2020
News

Malaysia plans extra $4.8 billion for special COVID-19 fund

The move will increase the size of the COVID-19 fund to 65 billion ringgit to fund aid packagesThe budget is the first by the administration of Prime Minister Muhyiddin Yassin, who took over in March just as the pandemic took hold

1 min read6 Nov 2020
News

First phase of four-nation Malabar naval exercise kicks off tomorrow

'The exercise is being conducted as a ‘non-contact, at sea only’ exercise in view of Covid-19 pandemic,' says govtLast month, India announced that Australia will be part of the Malabar exercise, which effectively makes it a drill by all four member nations of the Quad

2 min read2 Nov 2020
News

Four-nation Malabar exercise to take place from 3-6 Nov in Bay of Bengal

This is the first time that navies of all the four 'Quad' countries are participating in a naval exercise togetherThe Indian Naval team in the exercises will be led by Rear Admiral Sanjay Vatsayan, Flag Officer Commanding Eastern Fleet

2 min read30 Oct 2020
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