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Bulk deals: Motilal Oswal, Kotak MF buy Rs 325 cr worth of stake in Minda Corp, Verlinvest sells stake in Sula Vineyards

Shares of Minda Corporation had closed 5.03 percent higher at Rs 426.65 on the BSE. ....

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Café Coffee Day: Know About Coffee Day Group & Cafe Menu

The journey of Cafe Coffee Day started at Chikmagalur, Karnataka, where luscious coffee beans are grown in estates spanning over 20000 acres. ....

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Cafe Coffee Day reaches settlement with IndusInd Bank; NCLAT sets aside NCLT admission of insolvency plea

Both the Bank and Cafe Coffee Day urged the NCLAT to terminate the corporate insolvency resolution process earlier initiated against the coffee chain. ....

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Coffee Day Global and IndusInd Bank settle insolvency resolution plea at NCLAT

IndusInd Bank has withdrawn its insolvency resolution application against Coffee Day Global after assigning its loans to asset reconstruction company ASREC (India). The withdrawal was allowed by the National Company Law Appellate Tribunal (NCLAT) in Chennai. Coffee Day Global owns 495 Café Coffee Day outlets and has a debt of Rs 960 crore ($130 million) as of March 2022. This development comes as Coffee Day Enterprises is facing its own insolvency resolution application. ....

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Coffee Day Global settles debt issue with IndusInd Bank, NCLAT sets aside insolvency proceedings

Counsel representing Coffee Day and IndusInd bank on Wednesday informed the Chennai bench of the NCLAT about the settlement and sought permission to withdraw insolvency litigations. ....

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