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 2023The ‘Go Like Never Before’ campaign featuring Chaturvedi as its first brand ambassador emphasizes the importance of running as a sport to remain fit and encourages people to stay active in their day-to-day routine.
2 min read1 Oct 2020Senior Uttar Pradesh minister Siddharth Nath Singh said that he has tested positive for COVID-19, the 56-year-old cabinet minister has quarantined himself at his home on medical advice
1 min read27 Aug 2020With three divisions, each covering the physical, mental and functional profiles of the human body, the Yi Tool is a questionnaire with 33 questionsThe doctors fill up the questions based on the replies from the patients/volunteers
2 min read16 Jul 2020The prospective alliance is between Shivakumar’s elder daughter Aishwarya, and Amartya, son of Siddhartha, late founder of Cafe Coffee DaySiddhartha was the son-in-law of former Karnataka chief minister and India’s external affairs minister, SM Krishna
1 min read4 Jun 2020A former investment banker in mergers and acquisitions with BNP Paribas in Singapore, Jain is an Indian Institute of Management Calcutta alumnus
1 min read1 Sep 2021Mittal has been in Biocon’s top management team since May 2013Mittal has been elevated from his position as CFO and president – finance, in the company
1 min read3 Dec 2019He will focus on increasing the penetration of the company’s programmatic and analytics solutions, among othersDabhade joins MiQ from performance-marketing technology company Criteo where he was leading the India business
1 min read13 Nov 2019Holding company CDEL aims to raise ₹1,000-1,500 crore to pare debtCoffee Day Enterprises plans to sell the entire promoter stake as well as assets of its unit, Sical Logistics
1 min read8 Sep 2019The decision not to sell a stake in Coffee Day Global follows talks with potential suitors including ITC and Coca-ColaTo pare debt, the promoters are also exploring the possibility of inducting an investor in Coffee Day Enterprises
2 min read5 Sep 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared