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Tag: V G Siddhartha

Entrepreneurial woes: Ease of doing business, not so easy

New Delhi: In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddhartha’s death, as it brought to light the dark side of the Indian entrepreneurial environment. Although the NDA government has put much emphasis on easing regulations for doing business, harassment […]

How DKS-VGS friendship cost Siddhartha his life

Bangalore: The V.G. Siddhartha (VGS) suicide has cast a pall of gloom over Indian business and in the main the breeding ground of entrepreneurship – Bangalore. More so because Siddhartha was besieged by creditors of all hues. And he was desperately trying to pare his debt by hawking his stake in Mindtree, Tanglin Developments (Blackstone […]

Mystery over coffee baron's disappearance comes to end, body found

Bengaluru: Almost 36 hours after Cafe Coffee Day owner V.G. Siddhartha went missing, his body was found early on Wednesday, police confirmed. A group of fishermen recovered the body from the Netravathi river in Karnataka, at a distance from the bridge where the coffee baron was last seen late on Monday. “Two fishermen found Siddhartha’s […]

CCD CMD VG Siddhartha missing since Monday evening; shares tank 20 pc

New Delhi: Cafe chain Coffee Day Enterprises on Tuesday confirmed that it’s Chairman and Managing Director V G Siddhartha has been missing since Monday evening. “V G Siddhartha, Chairman and Managing Director of Coffee Day Enterprises Limited is not reachable since yesterday evening. We are taking the help of concerned authorities,” Coffee Day Enterprises said […]

L&T buys V.G. Siddhartha, CCD's stakes in Mindtree

Mumbai: Larsen & Toubro (L&T) has bought around 20 per cent stake of V.G. Siddhartha and Cafe Coffe Day (CCD)’s stake in Mindtree through block deal worth around Rs 3,200 crore. L&T bought 3.27 crore shares held by Siddhartha and Cafe Coffee Day on Tuesday at Rs 980 per share, according to a BSE data. Mindtree’s […]