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Siddhartha had gone missing from the Netravati river bridge near Ullal in Mangaluru on July 29 evening and two days later, his body was found floating in the river.(HT image)

CCD founder autopsy supports ‘suicide theory’: Cops

Bengaluru | By Press Trust of India
PUBLISHED ON AUG 27, 2019 01:58 AM IST
According to police officials, water was found in Siddhartha’s lungs and his death was due to drowning. “We have received the FSL (Forensic Science Laboratory) report. It corroborates the suicide theory,” the commissioner told PTI.
The forensic report on the death of Cafe Coffee Day owner VG Siddhartha corroborates the suicide theory, police said.(Priyanka Parashar/Mint File Photo)
The forensic report on the death of Cafe Coffee Day owner VG Siddhartha corroborates the suicide theory, police said.(Priyanka Parashar/Mint File Photo)

CCD owner VG Siddhartha’s forensic report verifies suicide theory: Police

Bengaluru | By Press Trust of India
PUBLISHED ON AUG 26, 2019 02:14 PM IST
Cafe Coffee Day owner VG Siddhartha had gone missing from the Netravati river bridge near Ullal in Mangaluru on July 29 evening and two days later, his body was found floating in the river.
CCD founder VG Siddhartha’s body was found on Wednesday morning from the backwaters of the Netravathi river two days after he went missing.(Mint File Photo)
CCD founder VG Siddhartha’s body was found on Wednesday morning from the backwaters of the Netravathi river two days after he went missing.(Mint File Photo)

In 2017, CCD founder VG Siddhartha admitted to 658-cr ‘unaccounted’ assets: I-T

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 04, 2019 09:26 AM IST
Siddhartha’s body was found on Wednesday morning from the backwaters of the Netravathi river two days after he went missing. In the letter, he indicated mounting pressure on him to service debts, particularly from a “private equity” partner, who was forcing him to “buy back shares”.
Union finance minister Nirmala Sitharaman said that business failures should not be tabooed or looked down upon.(HT FILE)
Union finance minister Nirmala Sitharaman said that business failures should not be tabooed or looked down upon.(HT FILE)

Business failures must not be looked down upon: Nirmala

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON AUG 02, 2019 05:51 AM IST
Referring to Siddhartha during the debate on the Insolvency and Bankruptcy Code in the Lok Sabha, Union finance minister Nirmala Sitharaman said that business failures should not be tabooed or looked down upon.
The body of billionaire Indian coffee magnate VG Siddhartha was found by a river in Mangaluru on July 31(AFP)
The body of billionaire Indian coffee magnate VG Siddhartha was found by a river in Mangaluru on July 31(AFP)

Death of Cafe Coffee Day founder reveals strain of India’s cash crunch

Bloomberg | By Ari Altstedter
UPDATED ON AUG 01, 2019 02:03 PM IST
VG Siddhartha’s death marks a tragic turn for an admired member of India’s business elite and an executive closely connected to the highest echelons of the political sphere.
Karnataka Chief Minister BS Yediyurappa pay his last respects to the mortal remains of Cafe Coffee Day founder VG Siddhartha, in Chikmagalur on Wednesday.(Photo: ANI)
Karnataka Chief Minister BS Yediyurappa pay his last respects to the mortal remains of Cafe Coffee Day founder VG Siddhartha, in Chikmagalur on Wednesday.(Photo: ANI)

Why the brew turned bitter for CCD founder VG Siddhartha

Hindustan Times, Bengaluru | By HT Correspondent
UPDATED ON AUG 01, 2019 12:24 PM IST
CCD’s founder Chairman V G Siddhartha was missing, and may have killed himself unable to bear the financial pressure he was under. His body washed up on the shores of Nethravati river early on Wednesday morning. How did things come to such a sorry pass for a man labelled “India’s coffee king?”
Early Wednesday morning, VG Siddhartha’s body was found near Nethravati river.(Photo: Priyanka Parashar/Mint)
Early Wednesday morning, VG Siddhartha’s body was found near Nethravati river.(Photo: Priyanka Parashar/Mint)

Why entrepreneur CCD founder Siddhartha ended up the way he did

Hindustan Times, Bengaluru | By HT Correspondent, Bengaluru
UPDATED ON AUG 01, 2019 12:40 PM IST
A former senior associate of Siddhartha who is now an investor in startups claimed that the latter was looking to raise funds, but with little success.
Early Wednesday morning, VG Siddhartha’s body was found near Nethravati river.(Photo: Priyanka Parashar/Mint)
Early Wednesday morning, VG Siddhartha’s body was found near Nethravati river.(Photo: Priyanka Parashar/Mint)

Why entrepreneur CCD founder Siddhartha ended up the way he did

Hindustan Times, Bengaluru | By HT Correspondent, Bengaluru
UPDATED ON JUN 07, 2020 07:22 AM IST
A former senior associate of Siddhartha who is now an investor in startups claimed that the latter was looking to raise funds, but with little success.
A manhunt had been launched on Monday to locate Siddhartha, who went missing after alighting from his car and asking his driver to wait for him at the end of the bridge.(Mint Photo)
A manhunt had been launched on Monday to locate Siddhartha, who went missing after alighting from his car and asking his driver to wait for him at the end of the bridge.(Mint Photo)

CCD founder VG Siddhartha’s body recovered

Hindustan Times, Bengaluru | By Vikram Gopal
UPDATED ON JUL 31, 2019 11:41 PM IST
Early on Tuesday morning, a few fishermen saw Siddhartha’s body floating near the Hoige Bazar area of Mangaluru, a short distance away from where Siddhartha, 59, is believed to have jumped into the river from the Netravathi Bridge.
People carry the body of coffee baron V.G. Siddhartha to an ambulance in Mangalore, India, July 31, 2019.(REUTERS)
People carry the body of coffee baron V.G. Siddhartha to an ambulance in Mangalore, India, July 31, 2019.(REUTERS)

CCD founder Siddhartha cremated at his coffee estate in Karnataka

Bengaluru | By HT Correspondent
UPDATED ON JUL 31, 2019 07:19 PM IST
Cafe Coffee Day owner V Siddhartha’s last rites was held at one of his coffee estates in Karnataka’s Chikkamagaluru district on Wednesday evening, reported a news agency.
CCD founder VG Siddhartha and other founders of Coffee Day pledged about 76% of their holdings as collateral, according to filings.(Photo: Priyanka Parashar/Mint)
CCD founder VG Siddhartha and other founders of Coffee Day pledged about 76% of their holdings as collateral, according to filings.(Photo: Priyanka Parashar/Mint)

Debt-ridden Siddhartha started selling assets earlier this year

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUN 07, 2020 02:43 AM IST
CCD founder Siddhartha, the eldest son-in-law of former union minister SM Krishna, went missing from a bridge on Monday evening after he told his driver to drop him there and wait for him at the end of the bridge.
VG Siddhartha, the founder of the Café Coffee Day chain, has been missing since Sunday.(PTI Photo)
VG Siddhartha, the founder of the Café Coffee Day chain, has been missing since Sunday.(PTI Photo)

Cafe Coffee Day founder missing, search effort on

Bengaluru | By Vikram Gopal and Venkatesha Babu
PUBLISHED ON JUL 31, 2019 12:03 AM IST
According to the driver, who drove him to Mangaluru from Bengaluru on Monday, Siddhartha alighted from the car on the bridge and asked the driver to wait for him at the end of the bridge as he wanted to walk.
VG Siddhartha chairman of Coffee Day Enterprises that runs Cafe Coffee Day outlets. Photo by Priyanka Parashar/Mint
VG Siddhartha chairman of Coffee Day Enterprises that runs Cafe Coffee Day outlets. Photo by Priyanka Parashar/Mint

Coffee Day Enterprises writes to BSE, NSE confirming Chairman VG Siddhartha’s absence

Mumbai | By Asian News International
PUBLISHED ON JUL 30, 2019 12:21 PM IST
Earlier, Coffee Day Enterprises shed 20 per cent to trade at Rs 154.05 per share after its founder was reported missing.
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