Followers

Thursday, July 23, 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 Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3fXqspV

No comments:

Post a Comment

Investors to keep eye on US-China tariff war, Q4 earnings and inflation data in holiday-shortened week

Equity markets are bracing for a volatile, holiday-shortened week, influenced by US-China trade war developments and key Q4 earnings from In...