Siddhartha News
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 2023Marriage on cards for DK Shivakumar’s daughter with VG Siddhartha’s son
The 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 2020Coffee Day group puts Sical Logistics on sale
Holding 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 2019Café Coffee Day sale plan on hold, owners to hunt for new funds
The 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 2019Coffee Day Enterprises ropes in retired CBI DIG to scrutinise books of accounts
Siddhartha was confirmed dead on 31 July after his body was found in the Netravati river in Dakshina Kannada district of KarnatakaAshok Kumar Malhotra will also investigate the circumstances under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated 27 July
3 min read1 Sep 2019CCD founder’s suicide: Police to probe exact cause
Police has begun the second phase of the probe to find out the exact reason that forced CCD founder V.G. Siddhartha to take the extreme stepPolice is collecting information about Siddhartha’s family life, business dealings, loans, shares and details of bank accounts
1 min read27 Aug 2019Cafe Coffee Day founder VG Siddhartha’s father passes away
Gangaiah Hegde passed away nearly a month after his son VG Siddhartha’s demiseAccording to the relatives of the deceased, the cremation will take place in Chikmagalur on Monday
1 min read26 Aug 2019How much is Coffee Day worth without its founder V.G. Siddhartha?
As a result of these circuit breakers, what should have been an exercise lasting only a few minutes has now extended to more than two weeks, and is still countingIn Coffee Day’s case, investors are clearly at sea about the full extent of indebtedness of the company
2 min read16 Aug 2019Coffee Day to sell IT park in Bengaluru to reduce debt burden
The CDEL board met on Thursday to discuss ways to ensure the firm’s smooth running after Siddhartha’s deathConsolidated borrowings of all CDEL subsidiaries together (bank loans and NCDs) worked out to ₹6,547.38 crore as on 31 March
3 min read9 Aug 2019Brewing storm in coffee country
Given the huge role CCD’s V.G. Siddhartha played in India’s coffee ecosystem, there’s uncertainty in the air
8 min read6 Aug 2019Popular Topics
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