Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. Counsel representing CDGL and IndusInd bank on Wednesday informed the Chennai bench of National Company Law Appellate Tribunal (NCLAT) about the settlement and sought permission to withdraw insolvency litigations. A two-member bench comprising Justice M Venugopal and Shreesha Merla took their submissions on record and set aside the order admitting CDGL to insolvency.
Coffee chain Cafe Coffee Day plans to launch flavoured water in 2007. The company has already extended its brand Coffee Day to packaged drinking water.
Cafe Coffee Day would be the single point vendor to supply food and beverages to the Air Deccan passenger.
V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.
Caf Coffee Day is a division of India's largest coffee conglomerate, Amalgamated Bean Coffee Trading Company Ltd, popularly known as Coffee Day, a Rs. 300 crore (Rs 3 billion) ISO 9002 certified company. Coffee Day sources coffee from 5000 acres of coffee estates, the 2nd largest in Asia, that is owned by a sister concern and from 11,000 small growers. It is one of India's leading coffee exporters with clients across USA, Europe & Japan.
Due to the coronavirus pandemic, Shivakumar and Amartya's family have not planned grand celebrations and selected people were invited for the engagement ceremony. The marriage is expected to take place on February 19, 2021.
India's retail cafe chain major Cafe Coffee Day on Thursday announced that it planned to go global by opening at least 50 cafes in ten cities overseas, including in Europe, by June next year.
Cafe Coffee Day, a division of Amalgamated Bean Coffee Trading Company Ltd, plans to open 50 outlets in the overseas markets this year, besides expanding its chain from 200 to 500 by the year 2007.
Amalgamated Bean Coffee Trading Company has embarked on a major expansion plan involving a total investment of Rs 18-25 crore of its Cafe Coffee Day outlets with 100 more to be established, including 50 abroad.
To re-connect with its consumers who have moved up the economic ladder in the last few years, Cafe Coffee Day (CCD), India's largest cafe retail chain, will soon reveal a new look for its lounge outlets. The company plans to convert its existing lounges into the new design and set up 50 new lounge outlets by the end of this financial year.
India's leading coffee-cafe chain Cafe Coffee Day on Tuesday opened its 150th outlet in New Delhi incorporating a bookshop within and announced plans to open 25 more outlets in north India this year.
The company is also going in for a major facelift and as part of this ongoing effort, CCD has unveiled a new logo to represent the chain. The new change also entails CCD's all new 'smart' menu card that are designed to facilitate an interactive and enhanced customer service.
The customer who is a law student tried to film a video showing a cockroach inside a refrigerator when he was slapped.
From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.
Forget Starbucks coming into India. Witness the expansion of Caf Coffee Day, which is set to mushroom across the country.
A simple recipe that will ensure you don't miss the joy of eating good food even during your Navratri fast.
Siddhartha many customers who grew up on coffee and conversations at his cafes mourned his death and disagreed that he had failed. Some said it was the place they first thought of their 'big idea'.
"We are waiting for the post-mortem report which will make it clear how the death happened," Patil told reporters at Mangaluru.
It was not just these instances but also some images from the Congress' 'Bharat Jodo Yatra' last year when it was passing through the state remain etched in people's memory.
L&T has acquired Cafe Coffee Day-owner V G Siddhartha's 20.32 per cent stake in Mindtree and has also placed an order with brokers to pick up another 15 per cent shares from the open market.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
As Indians take to the roads like never before, restaurants are fanning out to the highways.
It has been also revealed that V G Siddhartha had written a letter to the Board of Directors and employees of Coffee Day Enterprises, saying he had 'failed as an entrepreneur'.
Reader Shweta Bhotika has sent us a photograph.
Coffee Day Enterprises Ltd is backed by KKR & Co.
The coffee chains plan to stick to their pricing and present business strategy.
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
Plans for SEZ, logistics and coffee chain, among other segments
Monika Desai says it was love at first sight when she met Vipin at the Cafe Coffee Day. This is her story.
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country.
Ashok Soota, former chairman of IT firm MindTree, on Thursday sold half of his 11.4 per cent stake in the company in a block deal.
ASSET India Foundation's mission is to educate children of women in prostitution and girls rescued from trafficking for by providing computer literacy.
Mallya remains on bail pending his UK High Court appeal, now scheduled for February 2020.
Investment bankers said retail investors were pulling back, while institutions were being pickier
As a part of UK India Education Research Initiative, the British Council plans to tie-up with corporate and educational institutions in India for starting several 'Lifestyle and Diversity Zones'.
The attempted hostile takeover bid of Mindtree by Larsen & Toubro is a "grave threat" and "value destructive" to the organisation collectively built over 20 years, the promoters said pledging to "unconditionally oppose" the hostile takeover attempt.
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