New Delhi: An investigation into Coffee Day Enterprises Ltd., initiated by its Board after the death of Founder V.G. Siddhartha, is likely to conclude that at least Rs. 20 billion is missing from its accounts, according to people familiar with the matter, a report said. The months-long probe following the suicide of Siddhartha in July…
The death of V.G. Siddhartha, Founder of Cafe Coffee Day (CCD), shocked everyone but the way he died was what made it disturbing, sombre and sad. Now it has been assumed that the “reclusive billionaire,” once ranked the 75th richest man in India by Forbes magazine-2015, gave up on life because of money problems !…
By Dr. K. Javeed Nayeem, MD I feel that in the sad and untimely death of V.G. Siddhartha, we have lost a very dignified and respectable man who was much loved and admired although sometimes also envied in plantation and industry circles. The circumstances leading to his premature death and the obvious and unseen forces…
Bengaluru: The death of Coffee Day Founder V.G. Siddhartha has left many questions unanswered and doubts over him taking to extreme step of ending life. In a letter, supposedly written by Siddhartha, addressed to the Board of Directors of Coffee Day Enterprises and Coffee Day family members dated July 27, 2019, he has mentioned about…
Bengaluru: Coffee Day Enterprises appointed its independent Director and retd. IAS Officer S.V. Ranganath as the Interim Chairman of the company yesterday. The decision was taken after the Coffee Day’s Founder V.G. Siddhartha, who had gone missing from July 29, was confirmed dead yesterday. The Board of Directors, who met yesterday, also appointed Nitin Bagamane…
Mangaluru: The body of V.G. Siddhartha, Founder of India’s largest coffee chain Cafe Coffee Day, was found this morning near Nethravathi River in Mangaluru. Siddhartha, who is the son-in-law of former Karnataka Chief Minister and BJP leader S.M. Krishna, had been missing since Monday evening. The body was found on the banks of Nethravathi, close…
Mysuru: Now that coffee tycoon V.G. Siddhartha’s body has been found, the question of why he took his own life is haunting not only his family but even the public. This has led to many theories and questions. He kept on apologising V.G. Siddhartha’s driver (Basavaraj Patil) told the Police that while travelling towards Mangaluru,…
This morning as soon as the news broke about the Coffee Day King V.G. Siddhartha’s disappearance at the bridge of Nethravathi River near Ullal, my wife came running to me to break the news to the good old purveyor of news that is Yours Truly. Thereafter, I was glued to the TV for a time…
Mangaluru: V.G. Siddhartha, son-in-law of former Chief Minister S.M. Krishna and founder of India’s largest coffee chain Cafe Coffee Day (CCD) is reportedly missing since last evening. According to sources, Siddhartha, who had left Bengaluru yesterday had told his driver Basavaraj Patil that they would be travelling towards Sakaleshpur, but in the midway Siddhartha decided…
Mysuru: High drama was witnessed at the Coffee Day building on D. Devaraj Urs Road as an employee threatened to commit suicide by leaping from the building yesterday afternoon causing tension for sometime. The Coffee Day employee who threatened to jump down from the building has been identified as Yogesh. Yogesh, who climbed the building…
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