Cafe Coffee Day News and Analysis from a financial perspective and the lessons to be learnt from this for the Retail Investors... You must have read the news already as - The body of Cafe Coffee Day founder V G Siddhartha, who had gone missing from a river bridge near Mangaluru on Monday night, has been found by local fishermen in the Nethravathi river. The CCD owner reportedly wrote a letter to the Café Coffee Day family stating the reasons that drove him to take the extreme step. In the letter, whose authenticity is under suspicion, the CCD promoter said that it was getting difficult for him to continue under the prevailing conditions and that the pressure had become too much on him.
He referred to Private Equity player that had forced him to buy back shares for which he had borrowed money from a friend. He also alleged harassment at the hands of a former Income Tax official.
Yadnya trues to analyse this story from the financial angle trying to discover the learnings for retail investors.
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