velu Posted August 1, 2019 Share Posted August 1, 2019 12 hours ago, MechEng said: What if he failed to pay debt? Would he and his family been jailed? Was this the best step he could take? Whatever he pledged like his shares and properties will be seized by the lenders .. His debts are lower than his assets .. I think he cant digest the fact that he is throwing away his good assets to service his debts Link to comment Share on other sites More sharing options...
Cricketics Posted August 1, 2019 Share Posted August 1, 2019 Indians are busy flaunting around with Starbucks or wearing other top overseas brands. Time to start supporting some local outlets and brand. Nothing is left in buying just overseas products. Get some loyalty going for Indian brands at least and help out those young entrepreneurs. randomGuy 1 Link to comment Share on other sites More sharing options...
Mariyam Posted August 1, 2019 Share Posted August 1, 2019 34 minutes ago, Cricketics said: Indians are busy flaunting around with Starbucks or wearing other top overseas brands. Time to start supporting some local outlets and brand. Nothing is left in buying just overseas products. Get some loyalty going for Indian brands at least and help out those young entrepreneurs. Sorry Tics, you are one of favs. But you are way off the line here. This post is *typical* of NRIs preaching to resident Indians about why India is in the dumps etc etc. CCD is not in the doldrums because of competition. The organized coffee market in India has grown manifold as a result of the initial leadership provided by CCD. The De Bellas and the Starbucks cater to a different demographic. Their price points are different. CCD owns and has leased far too many outlets and kiosks. Their share was doing well till around March/April. There was a certain degree of investor confidence in the company. I suggest you go through the following vid https://www.businesstoday.in/videos/news-reel/how-vg-siddhartha-became-the-coffee-king-of-india/369221.html Cricketics and diga 2 Link to comment Share on other sites More sharing options...
Straight Drive Posted August 4, 2019 Share Posted August 4, 2019 On 7/31/2019 at 6:00 PM, jf1gp_1 said: Why ? the guy went nuts with expansion. Yes, many companies with wrong expansion plans have gone down the drain and closed. Management failure. Link to comment Share on other sites More sharing options...
Recommended Posts