Singh bling Posted July 30, 2019 Share Posted July 30, 2019 https://indianexpress.com/article/cities/bangalore/v-g-siddhartha-missing-s-m-krishna-son-in-law-karnataka-cafe-coffee-day-5862389/ Link to comment Share on other sites More sharing options...
NameGoesHere Posted July 31, 2019 Share Posted July 31, 2019 Daal mein kuch kaala hai, coffee mein kuch chicory. Link to comment Share on other sites More sharing options...
YUSER_ Posted July 31, 2019 Share Posted July 31, 2019 His brand is valued between 7k to 8k crores and has debts about 5500 crores velu 1 Link to comment Share on other sites More sharing options...
nikred Posted July 31, 2019 Share Posted July 31, 2019 He is dead now. His body was found by a river bank. Sent from my Redmi Note 4 using Tapatalk velu 1 Link to comment Share on other sites More sharing options...
YUSER_ Posted July 31, 2019 Share Posted July 31, 2019 5 minutes ago, nikred said: He is dead now. His body was found by a river bank. Sent from my Redmi Note 4 using Tapatalk sometimes it's better to stick to what you're good at his family is doing coffee business for over 120 years but having said he created over 50k jobs Link to comment Share on other sites More sharing options...
Stan AF Posted July 31, 2019 Share Posted July 31, 2019 rest in peace. Link to comment Share on other sites More sharing options...
NameGoesHere Posted July 31, 2019 Share Posted July 31, 2019 RIP. This is tragic. Link to comment Share on other sites More sharing options...
nevada Posted July 31, 2019 Share Posted July 31, 2019 Very sad case! I find it strange why he didn't use his political connections to take care of the problem. He is the son in law of the former CM of Karnataka. If a well-connected man like him can't pull strings to get out of trouble, what about the rest of us? Link to comment Share on other sites More sharing options...
Nikola Posted July 31, 2019 Share Posted July 31, 2019 4 minutes ago, nevada said: Very sad case! I find it strange why he didn't use his political connections to take care of the problem. He is the son in law of the former CM of Karnataka. If a well-connected man like him can't pull strings to get out of trouble, what about the rest of us? Which problems? Link to comment Share on other sites More sharing options...
velu Posted July 31, 2019 Share Posted July 31, 2019 12 minutes ago, Nikola said: Which problems? CCD is under heavy debt though manageable amount .. in his last letter he meant the PE investors were asking him to buy back the share to increase its share value .. nevada, Straight Drive and Nikola 3 Link to comment Share on other sites More sharing options...
G_B_ Posted July 31, 2019 Share Posted July 31, 2019 om shanti from what i understand he had a liquidity issue when regards to payments to private equity debts. I could be wrong. Prior to that Coca Cola had expressed an interest in buying CCD but found that there were issues in their numbers so backed off. Link to comment Share on other sites More sharing options...
Pollack Posted July 31, 2019 Share Posted July 31, 2019 RIP. Sad. Discouraging for young entrepreneurs. Link to comment Share on other sites More sharing options...
jf1gp_1 Posted July 31, 2019 Share Posted July 31, 2019 11 minutes ago, Pollack said: RIP. Sad. Discouraging for young entrepreneurs. Why ? the guy went nuts with expansion. Link to comment Share on other sites More sharing options...
jf1gp_1 Posted July 31, 2019 Share Posted July 31, 2019 3 hours ago, nevada said: Very sad case! I find it strange why he didn't use his political connections to take care of the problem. He is the son in law of the former CM of Karnataka. If a well-connected man like him can't pull strings to get out of trouble, what about the rest of us? Unless ofcourse you rape a young girl and part of ruling party. randomGuy 1 Link to comment Share on other sites More sharing options...
nevada Posted July 31, 2019 Share Posted July 31, 2019 3 minutes ago, jf1gp_1 said: Why ? the guy went nuts with expansion. Yes, "growth" is what everyone is after and they keep expanding with borrowed money like there's no tomorrow. Link to comment Share on other sites More sharing options...
jf1gp_1 Posted July 31, 2019 Share Posted July 31, 2019 26 minutes ago, nevada said: Yes, "growth" is what everyone is after and they keep expanding with borrowed money like there's no tomorrow. hence everyone keeps talking about organic growth, right valuation. There is a CCD on NH next to muzaffarnagar. When i first saw it i asked myself who the heck is going to stop at this place. For those who dont know about muzaffarnagar please google. Link to comment Share on other sites More sharing options...
YUSER_ Posted July 31, 2019 Share Posted July 31, 2019 48 minutes ago, jf1gp_1 said: hence everyone keeps talking about organic growth, right valuation. There is a CCD on NH next to muzaffarnagar. When i first saw it i asked myself who the heck is going to stop at this place. For those who dont know about muzaffarnagar please google. Land price will be really low in that area he should have rented out shops in urbanized areas Link to comment Share on other sites More sharing options...
cowboysfan Posted July 31, 2019 Share Posted July 31, 2019 poor guy.I have met him at a wedding more than a decade ago,he was there with his father in law. Link to comment Share on other sites More sharing options...
MechEng Posted July 31, 2019 Share Posted July 31, 2019 What if he failed to pay debt? Would he and his family been jailed? Was this the best step he could take? Link to comment Share on other sites More sharing options...
Stan AF Posted August 1, 2019 Share Posted August 1, 2019 https://www.thehindu.com/business/not-easy-to-do-business-in-india-say-entrepreneurs-following-vg-siddharthas-disappearance/article28762944.ece Link to comment Share on other sites More sharing options...
Recommended Posts