Cafe Coffee Day founder passes away
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CCD founder’s body found near Mangaluru river 2 days after he went missing
A fisherman had claimed to have seen a man likely to be Siddhartha jumping into the Netravathi river from the bridge on Monday evening, police had said on Tuesday.
https://www.hindustantimes.com/india-news/ccd-o...
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RBL Bank bhi ludak gaya…. kyu? … 
Finally his body found in netravathi river
Sorry to say but he had to meet this fate with the things he did in his life and become ignorant in later part. When you aren’t able to catch your shortcomings and keep in denial mode even after giving loss to your own business you prepare yourself for such things. I remember when the IPO came, I gave it a No and asked my friends too to stay away but some ignored (yet they exit at good levels). I never liked the business model and their franchise model was the most flawed one as they themselves invest and don’t work like McDonalds or Starbucks who are not the sole owners and earn by selling brand name or let others use their brand name.
Lucky me that I never invested without deep research. The one thing I know is India is more of a middle class economy and premium brands have not much to gain here.
On balance sheet too they were never profitable but markets/inverstors were ignoring all key indicators because they thought CCD will be Starbucks of India some day. Why most business fail here is because of the fact that the one who creates it loses their path mid-way and spent more and more on their luxuries and all that on investors money. I have seen many start-ups dying because of the fact that when they see some money they start spending like they have a billion dollar profits every month.
Channels like NDTV was blaming tax department yesterday and having sympathy for this crook who played with investor money and didn’t even let the shareholders know about transactions he was carrying out without their consent. If he had fled like Mallya same NDTV would have been running stories how cheaters like him freely go abroad and system do nothing.
Everyone was flourishing during Corrupt era of congress. Few years back I clearly said in one of my post that 75% of big business in India are like pack of cards and they can get destroyed if they don’t change their way of doing business.
I met the founder of Bhushan Steels once and from his body language and the way he talk nonsense that day I always knew that this company will die in future. My friend was working at main plant and he introduced me to him. Later I asked him to move out and he joined Engineers India Limited, Few years later it happened what I had intuition about.
The next one on the cards is Apex Frozen. 
U mean many ghosts are about to out of skeleton of Corporate India… 
The first nail in his business coffin was the decision to expand to 2000 cafes so that they can tie up with starbucks (before starbucks tied up with the Tatas). They ended up opening more than one store/cafe on the same street just to meet those big numbers and that’s when the quality started going downhill.
Unfortunate that he could not close the deal of selling off his business to Cocacola and retire in peace.
Even though he has lots of property holding, it might not be easy to sell them very quickly.
More blood is expected on the CCD stock esp when the next quarterly results time comes.
100% agreed that was the worst decision made by them of opening multiple stores within an area. Instead of giving competition to other chains they end up competing with their own stores
Here in Connaught Place they are having like 11 stores within 1.5-2.0 km of radius.
Still, we should respect him for not following the footsteps of Nirav Modi or IMA guy..
If compared, Nirav and Mallya seems like angel to me. They didn’t took their life. Siddhartha died with many questions unanswered which could have helped recovering something. He was not the only one behind all this mess. So to save some others he took his own life which is a sign of coward. He followed the short cut of getting out of all the mess after immense pain.
It will be very difficult for the new management to put CCD on right path. I pity those who held their stocks and those employees too who are forced to buy shares.
But wait.. government busy in buying MLA!
The government wants to continue Triple Talaq drama, Bitcoin ban, and other faltu stuff….
No easy way to wind up the business.
what about the media favourite tycoon – MR ANIL D AMBANI – how about reviews on his style of business – even after losses bankruptcy – closing of RCOM selling Mumbai reliance energy – RPOWER – just on paper – still he gets Rafale deal and the contract to build bandra versova sea link
Vadde log Vadiyan gallaan…. 
.
#GhadaAgarPaapKaHaiToKabhiToBharega…
Coffee Day Enterprises hit 20 per cent lower circuit for the second day to hit a 52-week low and traded at Rs 123.25 per share after Cafe Coffee Day founder V G Siddhartha’s body was found near the Netravathi river in Mangaluru. The stock had fallen 20 per cent yesterday as well.
“Channels like NDTV was blaming tax department yesterday” :- Central Gov. as the power to close or bankrupt any private company if they want, so no point blaming NDTV…
I am not blaming them. They have every right to report but they reported like he was innocent and only tax department is to be blamed for the step he taken. Today Congressis are not allowing the house to run as it involves Ex-Congressi SM Krishana too and telling that Govt policies are to be blamed. Will they look into mirror that they themselves to be blamed that Sidhhartha met such fate.
Forget it, we know who is behind NDTV. Some media houses are pro-BJP and they will pay the price in future if they have wrongdoings. Karma don’t spare anyone.
By using the term Tax Terrorism Congress is trying to save more people as they know soon more scams will unearth. Tax Department is doing its duty. Only those who fear about getting caught are crying over their action. Even I have got 3 different notices from them but as I keep records, cleared myself with response in not more than 1 week every time. Though they close the matter in 3-4 months. Darta chor hi hai naa?
No, Govt has no power to close any business or bankrupt them. They can only do so when that business is eating away people money and giving nothing. Even Govt wants to close BSNL as they are eating away taxpayers money and returning nothing. But same general public is against as few lakh people will lost their jobs. Nobody cares about money we pay as tax and there will always be some people who cry at every action Govt takes. People wont understand that there is always a situation when things go beyond revival of something. These people think like they need to get into water by keeping themselves dry which is impossible. When general public dont want to spend their money on BSNL, why they want it to stay. Sim Jio ka use karo aur #BSNLBachao abhiyaan chalatey raho.
Its very sad ….. RIP.
Conspiracy theory:- do not take seriously—→ But just for different point of view ,,,could it be possible for him to fake his death? With proper planning this could be done easily.
Even I got this thought when the news came in.. about fleeing to Maldives or Mauritius by sea route.. but the body has been found, identified & is being cremated.
M
RIP
MAY HIS DEPARTED SOUL RIP 
he might have been killed by a politician from KA. such killings happen every week in bangalore itself. just because he was a very rich man, the news got so much focus in media. politicians killing people for their loans is not a new thing.
Why did he do so is a big mystery,
After it came In news shares fallen 20% of ccd