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Total 25 results found. Search for [ vg siddhartha loans ]

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Rukmini Rao
July 24, 2020
The 3-page synopsis of the report said that the investigation team was of the opinion that Mysore Amalgamated Coffee Estates Limited (MACEL) owes nearly Rs 3,535 crores to the subsidiaries of CDEL as of July 31, 2019


BusinessToday.In
New Delhi, March 18, 2020
Indian banks to appeal for relief on bad loans amid coronavirus concernsThe coronavirus pandemic has sparked concerns about a fresh surge in bad loans at India's lenders, and the industry body representing the banks plans to appeal to regulators to provide some reprieve in bad-debt classification, as reported by Reuters. The appeal to the Reserve Bank of India (RBI) will be made via the Indian Banks' Association.India grossly under-tested on coronavirus, say expertsThe official nu...


Rukmini Rao
New Delhi, September 17, 2019
Coffee Day Enterprises had signed definitive agreements with Blackstone Group and Bengaluru-based real estate developer Salarpuria Sattva Group for an investment of Rs 2,700 crore in GV Techparks Private Limited, a wholly-owned subsidiary of Tanglin Development Ltd (TDL)


BusinessToday.In
September 17, 2019
The sale of Global Village Tech park reportedly involves an initial payment of Rs 2,000 crore in the coming weeks while the remaining Rs 700 crore will be paid within the next one year. This is CDEL's first major divestiture in a bid to pare down its Rs 4,970 crore debt.


BusinessToday.In
September 9, 2019
This development comes less than a month after CDEL, owner of cafe chain Cafe Coffee Day, sold Global Village Tech Park to Blackstone. The company has been trying to divest its assets to pare its debts since the death of its founder, VG Siddhartha.


Chitranjan Kumar
New Delhi, September 4, 2019
According to latest data available with exchange, Edelweiss and Indusind Bank, the lenders to troubled Gonibedu Coffee Estate, invoked entire 5.24 per cent of the CDEL shares, the promoter company had pledged with them


BusinessToday.In
New Delhi, August 19, 2019
The Coffee Day Enterprises share has risen for the first time in last three-weeks after the sudden demise of its founder VG Siddhartha; the stock has fallen as much as 68 per cent since July 26, 2019, from Rs 195 to hit an all-time low of Rs 62.95 on August 16


Rukmini Rao
New Delhi, August 17, 2019
Biggest share of the group's loans is with the real estate development subsidiary, Tanglin Developments, which has secured unpaid loans of Rs 1,622 crore


BusinessToday.In
New Delhi, August 14, 2019
CDEL, the holding company of Coffee Day group firms, said in a stock-exchange filing that it has entered into a non-binding agreement with New York-based private equity giant Blackstone to disinvest its Global Village Tech Park in Bengaluru


BusinessToday.In
August 8, 2019
Coffee Day Enterprises share price has plummeted 59.73% amid reports founder VG Siddhartha went missing on the evening of July 29.


BusinessToday.In
August 6, 2019
Investors of Coffee Day Enterprises, the holding company of cafe chain Cafe Coffee Day have lost Rs 2,261.45 crore in market wealth since Tuesday.


Rukmini Rao
New Delhi, August 5, 2019
Unravelling the mystery behind the death of India's coffee magnate


BusinessToday.In
August 5, 2019
Investors of Coffee Day Enterprises, the holding company of cafe chain Cafe Coffee Day have lost Rs 2,167.44 crore in market wealth since Tuesday. The market capitalisation of the firm currently stands at Rs 1900.21 crore compared to Rs 4,067.65 crore on July 29.


BusinessToday.In
August 2, 2019
The decision came days after CDEL announced to sell the assets of Coffee Day Group, which operates the Cafe Coffee Day chain of coffee houses, to pare its debt


Nidhi Singal
August 1, 2019
The Huawei Y9 2019 features a 6.59-inch full HD+ LCD display with 19:5:9 aspect ratio. Running Android 9 Pie with EMUI 9.0, the phone is powered by octa-core Kirin 710F processor, paired with 4GB of RAM


Sonal Khetarpal
August 1, 2019
In future, Flipkart with its initiative Samarth intends to partner NGOs and government bodies and livelihood missions to reach rural entrepreneurs, especially women-led enterprises, differently-abled entrepreneurs


Manu Kaushik
August 1, 2019
In February, the government awarded six airports - Ahmedabad, Lucknow, Jaipur, Guwahati, Trivandrum and Mangalore - to the Adani Group on a 50-year lease


Mudit Kapoor
New Delhi, August 1, 2019
BusinessToday.In's infographic tracks all key developments related to Cafe Coffee Day that ended with the tragedy of its founder VG Siddhartha's death


Mudit Kapoor and Manoj Sharma
August 1, 2019
The top five financial institutions that lent money to Coffee Day Enterprises on 'personal guarantee' included ; Axis Bank (exposure Rs 360 crore); ICICI Prudential Asset Management Company (Rs 347.2 crore); Aditya Birla Finance Limited (Rs 277.9 crore);Tata Capital Financial Services (exposure Rs 163 crore) and DEG (Rs 141.6 crore)


Rajeev Dubey | Manoj Sharma | Mudit Kapoor
New Delhi, August 1, 2019
Coffee Day Enterprises stock has fallen 70 pc from the peak of Rs 374.60 to Rs 110.95 on August 1, 2019 - an erosion of Rs 5,265 crore in market cap


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