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Tuesday, March 19, 2024
TopicCafé Coffee Day

Topic: Café Coffee Day

Year after founder’s death, Cafe Coffee Day set to get new investors, rebuild brand

CCD founder V.G. Siddhartha died of apparent suicide last year, and the brand has suffered another hit due to the Covid-19 pandemic and the lockdown.

Probe finds Rs 2,000 crore missing at Café Coffee Day after founder Siddhartha’s suicide

The probe examined financial transactions of Coffee Day and its dealings with dozens of private companies owned by V.G. Siddhartha.

Coffee Day’s tech park sale to Blackstone stalls as it waits for Yes Bank’s NOC

Coffee Day Enterprises has been trying to sell its assets to repay its debt after the unexpected death of its founder- chairman V.G. Siddhartha.

ITC considers buying stake in Cafe Coffee Day following cafe chain founder’s death  

A successful bid will help ITC diversify its business to reduce dependence on cigarettes as India raises taxes on tobacco, as well as help Coffee Day pare down its borrowings.

Trump offers ‘mediation’ in Ayodhya dispute as Kashmir govt ‘flashes gun’ to ease panic

The best cartoons of the day, chosen by editors at ThePrint.

What CCD founder Siddhartha’s suicide shows – India can’t become $5 trillion economy this way

The attitude of the government, which looks at profit-making as the anti-thesis of socialism, has not changed in the last 25 years.

SC registry faces ‘traffic’ and Muslims demand ‘My Food My Choice Bill’

The best cartoons of the day, chosen by editors at ThePrint.

NewsX to Republic: Siddhartha’s death shows how sensitive TV media can be when it wants

Everyone should ask TV reporters and anchors: how would you like it if your loved ones appeared on television news in a similar state?

VG Siddhartha’s death shows how bad India’s cash crunch has become

The apparent suicide of Siddhartha has touched a nerve as business leaders face mounting strain from an economy-wide cash crunch & slowing growth.

Suicide of ‘Coffee King’ Siddhartha should be a big lesson for India

One of the few things India has going for it is the energy & creativity of its entrepreneurs. It needs more businessmen who can build a world-class brand.

On Camera

Move over Ed Sheeran, Rihanna. The only pop star India wants more of is Diljit Dosanjh

Sheeran’s concert in Mumbai on Saturday was a roaring success. But the most viral moment was when Dosanjh joined him, and brought the house down.

Complaints to RBI ombudsman up 68% in FY23, banks biggest cause for customer grievances

Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.

Tiger Triumph-24 — India-US tri-services exercise to boost coordination begins

The exercise will be simulated to undertake HADR operations in a ‘friendly island nation’, where troops will execute amphibious landing ops.

CAA comes not with a bang, but with a whimper. Without NRC, it will fade into academic debate

For BJP, CAA was strategic move that did not quite work out because those it would benefit could’ve been accommodated under existing laws, and new entrants would remain excluded.