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VG Siddhartha News

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Today, Cafe Coffee Day stands as a testament to the indomitable spirit of a woman who refused to let tragedy define her, emerging as a true inspiration in the world of entrepreneurship.
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VG Siddhartha, son-in-law of former Karnataka Chief Minister SM Krishna, was found dead on Wednesday, two days after he went missing mysteriously near Mangaluru in Karnataka.
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Siddhartha's body was found on the banks of the Netravathi river in Karnataka on Wednesday. In a letter purportedly written by him, Siddhartha alleged, among other reasons, harassment by the Income Tax department as the cause for taking his own life.
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Café Coffee Day founder VG Siddhartha was found dead on Wednesday, two days after he went missing mysteriously near Mangaluru in Karnataka. After he went missing on Monday night, a massive search operation was launched along Netravati River and Siddhartha’s body was found after more than 24 hours.
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Cafe Coffee Day owner, VG Siddhartha who had gone missing was found dead.
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VG Siddhartha was found dead on Wednesday, two days after he went missing mysteriously near Mangaluru in Karnataka.
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After he went missing on Monday night, a massive search operation was launched along Netravati River and Siddhartha’s body was found after more than 24 hours.
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Café Coffee Day founder VG Siddhartha's body was found on the banks of Netravati River near Hoige Bazaar in Mangaluru on Wednesday. Watch this video to know more.
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VG Siddhartha went missing between 6 pm to 8 pm on Monday night. On Wednesday early morning his body was found floating over the water of Netravati river.
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He owned a direct stake of 32.75% in CCD, together with his family he controlled 53.93 percent of the coffee chain.
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The Karnataka Congress alleged that CCD founder VG Siddhartha’s death was a “result of harassment” by officials of the Income Tax department.
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The 60-year-old went missing near the Ullal bridge across Netravati river on Monday night.
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Siddhartha, 60, went missing since Monday evening (July 28) from the road bridge between Ullal and Mangaluru over the river around 7 pm, as per what his car driver Basavaraj Patil told the police.
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Café Coffee Day co-founder and former Union minister SM Krishna’s son-in-law, VG Siddhartha, who went missing in Mangaluru on Monday night, was disturbed over his “failure to create the right business model” despite his “best efforts”. A letter, written by Siddhartha, has been accessed by Zee Media wherein he talks about the liabilities of his business.
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While VG Siddhartha owns a direct stake of 32.75% in CCD, together with his family he controls 53.93 percent of the coffee-chain.
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Siddhartha's driver Basavaraj Patil had filed a police complaint stating the CCD founder had asked him to stop on a bridge and told him to go ahead while he walked.
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VG Siddhartha went missing near Ullal Bridge across Netravati river in Karnataka's Mangaluru on Monday night.
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In May, he exited from his 20.32 percent holding in Mindtree by selling the entire stake to construction major Larsen and Toubro through a block deal worth around Rs 3,200 crore.
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The Cafe Coffee Day story started as 'Coffee Day Global' in 1993 and soon pioneered the coffee culture in the chained café segment in India.
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Shares of popular coffee chain Cafe Coffee Day were down 19.99 percent to Rs 154.05 a piece, touching the 52-week lowest band on Tuesday.






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