Shares in Indian tycoon’s coffee company plummet
Coffee Day scrambles to name a chair and CEO after body of VG Siddhartha found in a river
31 July 2019 - 15:22
Mangaluru/Bengaluru - Authorities in southern India recovered the body of coffee baron VG Siddhartha floating in a river on Wednesday, two days after his disappearance sparked speculation that he was under intense financial strain.
The recovery of Siddhartha’s body unnerved investors in his flagship listed Coffee Day Enterprises and sent its shares plunging to a record low on Wednesday...
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