Photo: Deccan Herald
Cafe Coffee Day Announces Late Siddhartha's Wife Malavika As New CEO
Seventeen months after the death of Cafe Coffee Day founder-chairman V.G. Siddhartha, Coffee Day Enterprises board has appointed his wife Malavika Hegde as its CEO. As per reports, she has been given the top post with an urgent effect. After the demise of Siddhartha, an Independent board member S.V. Raghunath headed the company as an interim-chairman. Earlier in July 2019, V.G. Siddhartha had committed suicide due to alleged financial burden… read-more
Tags: CCD, New CEO, Coffee Day Enterprises
Courtesy: NDTV
Photo: Business Standard
Karnataka Court Issues Non-Bailable Warrant Against CCD Founder's Wife
In a cheque bounce case filed against Café Coffee Day, Karnatka's Mudigere JMFC court has ordered non-bailable arrest warrants for eight officials. The order includes the names of CCD founder late VG Siddhartha's wife Malavika, Jayaraj Hubli, Sadanand Poojary, Nithin Bagmane, and four others. The case was filed by a Karnataka coffee farmer K. Nandish after ten cheques worth Rs. 45 lakh against a coffee purchase bounced.
Tags: CCD, Cafe Coffee Day, Coffee Day Global, National news
Courtesy: Deccan Herald
