Coffee tycoon Siddhartha repaid all loans, had no dues: Tata Capital
NEW DELHI: Amid talk of financial stress driving founder V G Siddhartha to allegedly end his life, the coffee tycoon had repaid all the loans taken from Tata Capital Financial Services (TCFS) and has no outstanding dues to the entity. According to TCFS, it had a maximum exposure of Rs 165 crore to Caf Coffee […]
‘Inquisition’: Siddhartha’s death fuels India Inc’s anger against crackdown
By Aftab Ahmed & Aditya Kalra NEW DELHI: The apparent suicide of coffee baron V.G. Siddhartha, under investigation by tax authorities, has inflamed anger towards the government among business leaders who feel it is going too far in its crackdown on fraud and tax evasion. Drastic measures taken by Prime Minister Narendra Modi’s administration include […]