A recent investigation report revealed that the late founder of Coffee Day Enterprises, V G Siddartha, had slipped into a financial quicksand after repeatedly borrowing funds at very high cost, charming banks and PE firms with his flamboyance.
BusinessLine's K Giriprakash gives us more information related to the future of the company.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.