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Top headlines: Coffee Day stares at bankruptcy; RoDTEP likely to be tweaked

From Coffee Day staring at bankruptcy as asset sale fails to make headway to RBI committing to OMO calendar, here are top headlines this morning

CCD, cafe coffee day
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CDEL’s outstanding debt was Rs 280 crore.

BS Web Team New Delhi
Coffee Day stares at bankruptcy as asset sale fails to make headway

The lenders to Coffee Day Enterprises Ltd (CDEL), which owns and operates a café chain, are considering sending the company to the National Company Law Tribunal (NCLT) for debt resolution after the firm announced that it had defaulted on its loans in the March 2021 quarter. According to an exchange filing, for the March quarter, CDEL’s outstanding debt was Rs 280 crore. Read More

White goods, solar modules get Rs 10,738 crore worth of PLI push

The Union Cabinet on Wednesday approved production-linked incentive (PLI) schemes