Thursday, 23 July 2020

Rs 2,600 crore hole in Coffee Day's books

The investigation report into Coffee Day Enterprises’s (CDEL) troubles is expected to be made public on Friday, and sources say it will red-flag the unusual spike in related-party transactions in 2018-19 between CDEL and Mysore Amalgamated Coffee Estates (MACEL), a private firm of late VG Siddhartha.

from Times of India https://ift.tt/3fXqspV
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