Singh bling Posted July 30, 2019 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/
NameGoesHere Posted July 31, 2019 Posted July 31, 2019 Daal mein kuch kaala hai, coffee mein kuch chicory.
YUSER_ Posted July 31, 2019 Posted July 31, 2019 His brand is valued between 7k to 8k crores and has debts about 5500 crores velu 1
nikred Posted July 31, 2019 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
YUSER_ Posted July 31, 2019 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
nevada Posted July 31, 2019 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?
Nikola Posted July 31, 2019 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?
velu Posted July 31, 2019 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 .. Nikola, Straight Drive and nevada 3
G_B_ Posted July 31, 2019 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.
jf1gp_1 Posted July 31, 2019 Posted July 31, 2019 11 minutes ago, Pollack said: RIP. Sad. Discouraging for young entrepreneurs. Why ? the guy went nuts with expansion.
jf1gp_1 Posted July 31, 2019 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
nevada Posted July 31, 2019 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.
jf1gp_1 Posted July 31, 2019 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.
YUSER_ Posted July 31, 2019 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
cowboysfan Posted July 31, 2019 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.
MechEng Posted July 31, 2019 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?
Stan AF Posted August 1, 2019 Posted August 1, 2019 https://www.thehindu.com/business/not-easy-to-do-business-in-india-say-entrepreneurs-following-vg-siddharthas-disappearance/article28762944.ece
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