Tag: Cafe Coffee Day

Bengaluru: Income Tax Department sleuths on Thursday searched the business and residential premises of Cafe Coffee Day retail chain founder-owner V.G. Siddhartha, son-in-law of former Karnataka Chief Minister S.M. Krishna, in Bengaluru and other places in the state for alleged tax evasion, said a senior official. “Directorate Revenue (Intelligence) officials are conducting simultaneous search and seizure […]

Bhubaneswar: Cafe Coffee Day owner VG Siddhartha had business links in many places across India, including Odisha. The matter came to the fore hours before the body of the Bengaluru-based businessman was recovered from Netravati River in Karnataka today. Reportedly, one of Siddhartha’s listed companies ‘Sical Logistics’ presently under the administrative control the Coal India […]

New Delhi: Reacting to the death of Cafe Coffee Day founder V G Siddhartha, Finance Minister Nirmala Sitharaman on Thursday said business failures in the country should not be tabooed, or looked down upon. Responding to a debate on the Insolvency and Bankruptcy Code (IBC) in the Lok Sabha, Sitharaman said that businessmen should get […]

Bengaluru: Former CBI official Ashok Kumar Malhotra will investigate the letter that Cafe Coffee Day owner V.G. Siddhartha purportedly wrote to the company’s board on July 27, two days before he went missing and was then found dead on July 31, a CCD official said on Saturday. “Though the board on August 8 appointed global […]