V. G. Siddhartha is an indian billionaire businessman from karnataka.
> India's biggest coffee chain founder V. G. Siddhartha was reported missing mysteriously since, Monday night en route to the coastal Mangaluru city in Karnataka, with an alleged letter by him showing he was under "tremendous pressure" from lenders.
> The last letter by V. G. Siddharth,
Key Points in the letter:
● "Pressure from Private Equity Partner"
● "Harrassment from former DG Income Tax"
● "Failed as an entrepreneur"
Key Points in the letter:
● "Pressure from Private Equity Partner"
● "Harrassment from former DG Income Tax"
● "Failed as an entrepreneur"
ON NOTE:
● He is making of new India, Where entrepreneurs and job providers are being harassed like this by IT department??
● He is making of new India, Where entrepreneurs and job providers are being harassed like this by IT department??
● Imagine the tax terrorism ordinary entrepreneurs face if Siddhartha who was well connected faced such “harassment”
● He's an inspiration for many people had been so passionate & true towards building CafeCoffeeDay ,a landmark Cafe.
● The man who have created 50k jobs.
● I couldn't express much than this about a true and honoured businessman, a person who made coffee place as a meeting place in India, he'll be remembered forever.
● Dont cut the trees in the estates...from V. G. Siddhartha last call with CMO before he went missing.
● Specialist Of CafeCoffeeDay,
If you go to any coffee day in entire India you find atleast one person from Chikmagalur/Hassan/Dk/Shimoga V. G. Siddhartha first preference for job was from his region Kannada speaking people CCD.
● CafeCoffeeDay Stock right now:
> Not a single buyer but more than 86lac sellers.
> Not a single buyer but more than 86lac sellers.
> CCD V. G. Siddhartha Look at 'Other Expenses', spiked to 50% of gross exp in 2019. He has been obviously siphoning off from company.
Bal sheet shows Cash & cash equiv'nt 2366Cr in 2019 under Cur assets - spiked in 2019 to 20% of assets.
◆ I’m sure a lot more entrepreneur will debate the same in coming days!!!
V. G. Siddhartha, also the son-in-law of former Karnataka chief minister and BJP leader S M Krishna, was last seen near the bridge in the Kotepura area in Dakshina Kannada district on Monday night,
Local fisherman, along with their boats, have also joined in the frantic search operations.
Breaking News Update 6:30AM, 31/07/2019:
Decomposed body of Cafecoffeeday founder V. G. Siddhartha found by local fishermen far from Netravati river bridge where he went missing.
Rest in peace V. G. Siddhartha
TV interviews: Link 1
Link 2
Breaking News Update 6:30AM, 31/07/2019:
Decomposed body of Cafecoffeeday founder V. G. Siddhartha found by local fishermen far from Netravati river bridge where he went missing.
Rest in peace V. G. Siddhartha
TV interviews: Link 1
Link 2
Moral: Dear Friends, Let's Siddharth's suicide be a lessons and caution for all of us, on career stress.
"Do Business, Get Pomotionin in job... Everything is Ok, Even if you don't succeed it's ok, but let not sacrifice precious life for the sake of human ego called success, Success is always not a business and money, it is achieving Peace of Mind, which comes free from within.
Article By: Pavan ingaleshwar "Do Business, Get Pomotionin in job... Everything is Ok, Even if you don't succeed it's ok, but let not sacrifice precious life for the sake of human ego called success, Success is always not a business and money, it is achieving Peace of Mind, which comes free from within.
