Vg Siddhartha News

Videos

Cafe coffee day : the brand that refuse to die | Mint Explains

In this video, we explore the remarkable story of how Malavika Hegde, the wife of the late V. Siddhartha, the man behind Cafe Coffee Day, turned the company around after his tragic death in 2019. Despite facing numerous challenges, Malavika was able to reduce the company's debt, sell unnecessary assets, shut down loss-making stores, and withdraw unprofitable coffee vending machines. She also attracted new investors and successfully exported high-quality Arabica coffee beans from CCD's plantations, which helped diversify the company's revenue streams. Under Malavika's leadership, Cafe Coffee Day has seen a remarkable turnaround and become a shining example of how a company can bounce back from adversity. This is not just the tale of a brand's comeback; it is also the tale of a woman who refused to give up and showed resilience in the face of adversity.

14 Apr 2023
Politics

Marriage on cards for DK Shivakumar’s daughter with VG Siddhartha’s son

The prospective alliance is between Shivakumar’s elder daughter Aishwarya, and Amartya, son of Siddhartha, late founder of Cafe Coffee DaySiddhartha was the son-in-law of former Karnataka chief minister and India’s external affairs minister, SM Krishna

1 min read4 Jun 2020
News

CCD founder’s suicide: Police to probe exact cause

Police has begun the second phase of the probe to find out the exact reason that forced CCD founder V.G. Siddhartha to take the extreme stepPolice is collecting information about Siddhartha's family life, business dealings, loans, shares and details of bank accounts

1 min read27 Aug 2019
News

Cafe Coffee Day founder VG Siddhartha's father passes away

Gangaiah Hegde passed away nearly a month after his son VG Siddhartha's demiseAccording to the relatives of the deceased, the cremation will take place in Chikmagalur on Monday

1 min read26 Aug 2019
News

Brewing storm in coffee country

Given the huge role CCD’s V.G. Siddhartha played in India’s coffee ecosystem, there’s uncertainty in the air

8 min read6 Aug 2019
Money

Where there is a will, there is a way out of the debt black hole

Changing the way you spend and save can help tackle existing debt and keep you sorted in future tooHaving good debt like a home loan isn’t an issue but funding a lifestyle you can’t afford can land you in trouble

6 min read6 Aug 2019
News

Siddhartha’s post-mortem report rules out foul play, but questions remain

It was a case of death by drowning, according to a person familiar with the development However, a second report based on the chemical analysis of the samples taken from his body is yet to be generated by the forensic labs

1 min read2 Aug 2019
Markets

Coffee Day shares hit another lower circuit; tank over 48% in 4 days

In four days of heavy selling, its market valuation has been eroded by ₹1,957 cr to ₹2,110 crAt the NSE, it cracked 10% to its lower circuit limit and one-year low of ₹99.45

1 min read2 Aug 2019
Politics

How V.G. Siddhartha’s life intersected with politics and controversy

People close to the late businessman say that his life was interspersed between the backroom of politics and the front end of his business empire that ranged from coffee to softwareSiddhartha had cultivated friendships with both state and national leaders irrespective of parties, but his proximity to power had dragged him into controversies as well

2 min read31 Jul 2019
Companies

Coffee growers, colleagues, politicians pay homage to India’s café titan

Nearly the entire village walked up to see Siddhartha's body, kept at the Amalgamated Bean Coffee office, for one last timePeople came in droves to bid a tearful farewell to the man who considered the 30,000 employees who were part of his business empire

2 min read31 Jul 2019
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