Cafe Coffee Day

ICRA Ratings places Coffee Day on ‘watch’ with negative implications

Credit rating agency ICRA Ratings has placed the term-loan rating of Coffee Day Enterprises Limited (CDEL) on watch with negative implications.

published on : 15th September 2019

Deleveraging assets to ensure liquidity position of the company: Coffee Day Enterprises

Earlier, this week, ICRA had downgraded CDEL long-term rating 'D' with negative outlook from 'BB+' (Negative) based on Rs 315 crore term loans.

published on : 13th September 2019

Coffee Day Enterprises ropes in IDFC Securities to identify strategic options

In a bid to pare debt, cafe chain operator Coffee Day Enterprises have appointed IDFC Securities as an advisor to identify strategic options and advise it on refinancing of existing debt.

published on : 7th September 2019

Ex-CBI sleuth to probe Cafe Coffee Day owner Siddhartha's last letter

Siddhartha, 60, is alleged to have committed suicide on July 29 night by jumping off the road bridge into the Netravathi river, as his body was found on its banks on July 31 morning.

published on : 31st August 2019

CCD owner VG Siddhartha's forensic report confirms suicide theory: Police

According to police sources, water was found in Siddhartha's lungs and his death was due to drowning.

published on : 26th August 2019

CCD founder Siddhartha’s father breathes his last

Hegde would look after the family’s coffee plantations in Chetanahalli, Mudigere taluk. He was born to Veerappa Hegde and Sheshamma Heggadithi on February 6, 1924. 

published on : 26th August 2019

Not in race to buy Cafe Coffee Day stake: ITC

Coffee Day Enterprises is however believed to be in talks with beverage giant Coca Cola for a possible stake sale.

published on : 22nd August 2019

Not in a race to pick stake in Coffee Day Enterprises: ITC

The Coffee Day Group had said it has a total debt of Rs 4,970 crore and it was looking at divesting assets to reduce it.

published on : 21st August 2019

Asia’s largest cigarette maker ITC considers stake in Cafe Coffee Day

Shares of ITC fell as much as 2.2% in afternoon trading in Mumbai, while Coffee Day rose 5%, extending its three-day winning streak to almost 16%.

published on : 21st August 2019

Coffee Day Enterprises to sell its Bengaluru tech park to Blackstone for up to Rs 3,000 crore

The announcement comes weeks after Coffee Day Enterprises founder VG Siddhartha allegedly committed suicide.

published on : 14th August 2019

Coffee Day Enterprises ropes in Ernst and Young LLP to probe books of accounts

The board of the company, in its meeting held on Thursday, also decided to appoint Siddhartha’s wife Malavika Hegde to ensure that the company continues to have a strategic direction.

published on : 9th August 2019

Bankers lend support as firms borrow trouble

With light to the Cafe Coffee Day crisis, corporate debt has grown 65 per cent from Rs 38.8 lakhs crore in 2015 to Rs 64.1 lakh crores in 2019.

published on : 4th August 2019

  VG Siddhartha's preliminary autopsy report with sleuths

It may be recalled that Cafe Coffee Day founder Siddhartha went missing on Monday evening in Mangaluru.

published on : 3rd August 2019

Depression may have pushed VG Siddhartha to edge

Cafe Coffee Day honcho VG Siddhartha’s death stunned the nation. It has now come to light that there was more to the death than was apparent.

published on : 3rd August 2019

Like in any other city, Cafe Coffee Day had transformed the way people socialised in Bhubaneswar

Even before foreign brands penetrated Indian markets, the Cafe Coffee Day (CCD) founder offered an alternative to the tea-drinking youngsters in early 2000s.

published on : 2nd August 2019
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