The company board, wherein Siddhartha's wife Malavika Hegde is also a director, met on Wednesday to put in place a working structure of the company.
Telangana Bharatiya Janata Party president and MP Bandi Sanjay was on Friday released from Karimnagar jail after he was granted bail in the SSC paper leak case.
The Karnataka government on Monday decided to launch a monorail project and unveiled plans for Metro-II to cover more areas in a bid to further decongest the city's roads.
The announcement came following Singh's meeting with with Governor T N Chaturvedi on Saturday.
The purported letter, which is believed to be the final note by the late promoter and widely circulated on social media, contained statements alleging harassment on VG Siddhartha by the Income Tax department.
The auditor will also investigate into the circumstance under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated July 27, 2019, alleging harassment by the Income Tax department.
The 58-year-old businessman, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, has been missing since Monday evening from Mangaluru.
Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
Heavy rains on Wednesday morning caused water-logging in many areas and massive traffic jams in Hyderabad, leading to people stuck on the roads.
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