Coffee Day Enterprises reported a total default of Rs 470.18 crore on payments of interest and repayment of principal amount on loans from banks and financial institutions for quarter ended June 30
The order comes after the company approached Sebi to settle the matter, pertaining to alleged violations of LODR (Listing Obligations and Disclosure Requirements) norms under the settlement mechanism
Coffee Day Enterprises Ltd (CDEL) said it has reduced debt "significantly" and the management is putting its best efforts to get back the company on track
This comes as pandemic took a toll on demand.
In this podcast, we discuss why Coffee Day Enterprises is in news again? What are the chances of banks recovering their money? And what can we expect next? Listen in
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
Malavika Hegde of Cafe Coffee Day joins a small league of wives who have gone on to rewrite the future of their companies after the untimely demise of their husbands. What accounts for their tenacity?
While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts
Located in Karnataka, plantations employ 3,000 people & export 20,000 tonnes of coffee annually
His private firm MACEL had Rs 2,693 cr unaccounted dues towards Coffee Day Enterprises, finds probe
Sources said the management and BSR & Associates had several differences over valuation of subsidiaries
Vivek Kaul's Bad Money: Inside the NPA Mess and How it Threatens the Indian Banking System provides the answer and I am wiser years after having taken the loan
Menon and his four other co-founders are quite clear that the space where they operate in itself is so vast that they have hardly been able to scratch the surface
An investigation by the board after the death of founder V G Siddhartha is likely to conclude that around Rs 2,500 crore is missing from CDEL's accounts
The shares of the firm were last traded on Saturday (February 1) when the market was open for the Budget announcements
The company had a consolidated net profit of Rs 23.83 crore in the year-ago period
Apart from infrastructure, how can a cafe which has taken a plunge into formalising the co-working arrangments scale up operations?
CDEL currently has a three-member board, including Siddhartha's wife Malavika Hegde and S V Ranganath, a retired bureaucrat who acts as the chairman now
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Its stressed book involving large borrowers stands at Rs 1,800 crore, up from Rs 1,000 crore estimated earlier due to the troubles in Cafe Coffee Day during Q2