Cafe coffee day: the brand that refuse to die | Mint Explains | Mint
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- เผยแพร่เมื่อ 21 ส.ค. 2024
- In this video, we explore the remarkable story of how Malavika Hegde, the wife of the late V. Siddhartha, the man behind Cafe Coffee Day, turned the company around after his tragic death in 2019. Despite facing numerous challenges, Malavika was able to reduce the company's debt, sell unnecessary assets, shut down loss-making stores, and withdraw unprofitable coffee vending machines. She also attracted new investors and successfully exported high-quality Arabica coffee beans from CCD's plantations, which helped diversify the company's revenue streams. Under Malavika's leadership, Cafe Coffee Day has seen a remarkable turnaround and become a shining example of how a company can bounce back from adversity. This is not just the tale of a brand's comeback; it is also the tale of a woman who refused to give up and showed resilience in the face of adversity.
#ccd #cafecoffeeday #vgsiddhartha #storybehindccd #casestudy #mint
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I love CCD, We need this Brand in India. With everything going wrong and negative, she kept her confidence and changed the future of company. Great job 👏
Yeap true. We don't need Starbucks. We need our own home grown company. But I must admit her story is really amazing and inspiring.
The narration is extremely annoying.
We are talking of the death of somebody in the first part, please keep the cheerful intern voice home
Exactly what I was thinking. Sounded like they were narrating a fairy tale to a bunch of kindergarteners.
She sold her own lands to close the loan.... everyone know they have money, but then why her husband committed suicide it's because our tax officer harassment.... now poor girl came out comfort zone trying to save her husband vision and company.... lot of respect to her....
That's a pile of garbage. When that guy committed suicide the debts were over 7,000 crore which is no joke. The leverage was too high. Blaming income tax officials is nothing but deflecting bad decisions made by him prior to his death.
Siphoning off company’s funds for personal use through shell companies and related party transactions by late Siddhartha.
Immm
I have read her story in many places, Her story gives me energy on how to overcome a problem . She is a fighter and good business leader . I have done a fundamental analysis of CCD . The company is in good hands they are reducing debts and recent correction in markets is making CCD look attractive but still I would like to see company's Q4 results revenue jumps stats and debts to equity ratio after Q4 than Maybe I will build some position in CCD for long term.
You should have also told about Mr. Siddhartha facing unbearable pressure & harassment from the IT Dept by freezing his bank accounts & assets. After his death, the BJP Govt felt guilty and released assets & accounts that they felt were irrelevant.
India lost a Gem because of the BJP. Mr. Siddhartha had pleaded for many months to release certain accounts & assets just for sake of running thousands of crore worth company.
Bro your comment doesnt make sense. Though i am not a BJP supporter i must remind you that his father in law is still active in BJP.
I'm not from Karnataka brother. But I know BJP. They don't care shit about regional ministers or regional emotions. The table in Delhi decides who gets to shit where. To my knowledge Mr. Siddhartha has equal relation or even more with Congress.
@@itsKVNR Then its sad to see you are using Mr. Siddhartha's death to tie up with your hatred towards BJP. If you are not sure about the situation you cant post these type of comments to gain attention or likes or whatever. Stop spreading fake news.
You can say scams done by BJPs with sources and all.
But please dont use his death for you political propagandas. Let him RIP.
@@gouthamupadhya5336the reality is that , we all know now how IT , ED and CBI is used by 2 Gujrat Bhai Bhai... Well all thanks to Our 2 Gujrat Brothers!!! They put lot of pressure on him using Income tax dept just because Mr. Reliance wanted to buy CCD and Siddharth refused to sell them, when that happened they threatened him by sending hired Goondas and IT froze his accounts, Unable to bear he committed suicide. Also, Mr ex CM SM Krishna went to BJP because he wasn't given required respect by regional congress so he was upset and joined but he is no more active member he is 90 yrs old and enjoying retirement. These 2 Gujju Brothers should face the same fate in coming days.
7k cr debt is ok for you then why dont you give me some money and i will not repay you then let's see who harasses whom. In case of adani everyone was shouting he has too much leverage but now you guys are supporting ccd just because his owner died. Hypocrites.
Well all thanks to Our 2 Gujrat Brothers!!! They put lot of pressure on him using Income tax dept just because Mr. Reliance wanted to buy CCD and Siddharth refused to sell them. These Brothers should face the same fate in coming days.
I wish the same for both of thm coz they were behind so many deaths in covid coz they were busy looting people whn treatment was needed tht tym govt. Just took hell lot of donation bt didn't help needy😡
@@itsnevertoolate7340
Bro, "It's never too late" to realise that how Modi Government handled COVID crisis that even the most developed nations can't do!
There was no question of harassment by any of tax officials and/or department. The actual story is as under -
D.K. Shivakumar’s IT raid was followed by Siddhartha’s IT raid too because of Suspicion of hawala fund transfer. D K’s daughter used to transfer Money to Siddhartha's CCD.
CCD had transferred 20 crores to DK’s personal account. Another Singapore citizen Rajaneesh Gopinath also faced IT raids during Siddhartha’s and Dk’s raids. Rs. 1.2 core cash was found in his house and it belonged to Siddhartha. Rs. 362 cr unaccounted for money was also found with siddartha during these raids. CCD itself had around 118 cr unaccounted money it was revealed as against only 14 cr profit shown in its balance sheet. In Several hawala transaction, involvement of Singapore citizen Rajanish Gopinath was found. One Dikshith of CCD admitted hawala transactions during IT interrogation. In 2013-14 he had started an IT company called "Devadarshini Infotech" which was created to just show losses in its balance sheet. A furniture company called Guyana was also found, that declared losses citing "timber loss at mid sea due to sinking". Also he took 175 crores agriculture loan from Lakshmi Vilas Bank. Whole affair looks like to cover up black money operations.
All the deeds of Mr. Siddhartha’s were anti national and against the prevailing applicable laws. The income tax department was to do what was required under the law.
@@theNationalist_2009 true. The true story is available on the net with proof.
correct reply , its related to politics issue.he took care of the mlas
What a entrepreneurship skills, We are just assuming and reading the articles but in reality the efforts,time and commitment committed towards the CCD. 🎉🎉
The way you have narrated a suicide story, is not the right way. It sounds like some adventurous exciting story.
While giving due credit to this lady in her fightback to regain the C.C.D. to its past glory people must understand she is politically connected to the Karnataka strongman D.K.Shivakumar.His daughter is married to this lady son.That also maybe the factor for her comeback.
CCD business was ahead of its time when they started, just like malls, hike messenger to name some business who are ahead of their time. Now everything is changing
I love CCD very much purely Indian. Proud of u CCD it can head on take Starbucks. Support CCD support Make in India.
Usually I don't comment but here i would like to,
Voiceover is at its worst.
Kudos to that lady. It should be made a study material for all mba graduates and also govt should kind of support her.gr8 going keep it up congrats
This is one of the most recognized made in India brands we all should be proud of. Resilience has helped the CEO it will help the country too. HATS OFF TO THE LEADER THAT SHE IS.
Husband took a nasty quick decision, without even thinking he has strong women behind him, may be this was a the script written by Almighty.
Man, kudos to her strength
You mean Woman!! Kudos to her !😅
The episode was crisp and apt until the last line which clearly reflected the motive behind this narration. And tbh I haven't heard anyone saying 'Its a man's world'. Rise above from your insecurities.
I want to know who is this man saying "but it's a man's world" to all women..
Thanks for the update...I really wanted this news. God bless her...thats inspirational.
This is an example that strong brand doesnt die even though business can have setbacks.
I appreciate your self confidence mm. Wish you all the best.❤
CCD had the most outlets in Bangalore City in every nook and corner of the city and wanted to even saturate the market once upon a time but now I rarely get to see any of their outlets in prime locations and the new kid in the block in the coffee space also from Bangalore like CCD seems to have taken their place and is called third wave coffee roasters that are giving even Starbucks a great competition and a run for their money by offering high quality products at very reasonable price and with good ambience and CCD would have to put in more effort now if they want to regain a pie of the coffee cafe market space in India.
Never heard or seen third wave.
@@maverickcruise They are present mostly in only tier 1 cities now
One more NCLT case filed against coffee day. They keep writing in annual reports that they have assets for debt resolution, last AGM they made all right noise but nothing meaningful happened. Investor mail id given to ask questions is wrong or mail box is full, unprofessional!
shaken till today ...your dream is alive VG and entrepreneur never die
This brand is required and is best sop when it comes to their beverages...Starbucks can't match it
the narration is annoyingly cheerful; calm down
Thera are the Women’s make Our Nation Proud 🙏
The most important part is finding new investors
Great.... Really great
This is woman's power.
Corrupted politician DK Shivakumar from Karnataka pumped his black money and saved the company..the mint ....open your eyes
PR is in working no one actually know who is running the company now she is just the face. Sure DKS will ruin CCD one day.
@@Thapasvims why would he do that, his daughter and VG sidharth son both are hubby and wife.
All politicians are corrupt no one is clean handed
100% true
@@mmadhoo4465 his intention is not to do business he want business to covert balck money into white through businesses. Through which he ruined Sidhharta s life.
There was no question of harassment by any of tax officials and/or department. The actual story is as under -
D.K. Shivakumar’s IT raid was followed by Siddhartha’s IT raid too because of Suspicion of hawala fund transfer. D K’s daughter used to transfer Money to Siddhartha's CCD.
CCD had transferred 20 crores to DK’s personal account. Another Singapore citizen Rajaneesh Gopinath also faced IT raids during Siddhartha’s and Dk’s raids. Rs. 1.2 core cash was found in his house and it belonged to Siddhartha. Rs. 362 cr unaccounted for money was also found with siddartha during these raids. CCD itself had around 118 cr unaccounted money it was revealed as against only 14 cr profit shown in its balance sheet. In Several hawala transaction, involvement of Singapore citizen Rajanish Gopinath was found. One Dikshith of CCD admitted hawala transactions during IT interrogation. In 2013-14 he had started an IT company called "Devadarshini Infotech" which was created to just show losses in its balance sheet. A furniture company called Guyana was also found, that declared losses citing "timber loss at mid sea due to sinking". Also he took 175 crores agriculture loan from Lakshmi Vilas Bank. Whole affair looks like to cover up black money operations.
All the deeds of Mr. Siddhartha’s were anti national and against the prevailing applicable laws. The income tax department was to do what was required under the law.
Woman is capable of doing more in home,business and society
Now that immense pressure is gone , the company is thriving. We all know who considered him as cash cow to fund his/their sick politics. Having said that, full credit to the lady.
Amazing inspirational one.
A pure propaganda video by mint..
No turn around.. No cash flow.. Totally loss making companies shares pumped by operators using such videos..
Today ccd taken to nclt by indusind back and declared bankrupt. And shares have fallen to a lows where they meant to be, trapping money of thousands of innocent who invested after seeing such videos.
Just wondering if there are any links with DK shivkumar whose daughter was married to Hegdes son after his death ..I think indirectly it's DK who is known as one the most corrupt leader controlling the company with his black money
True
Yeah Adani is so Saint. Suddenly Adani gets 20k crores in shell companies.
@@freesoul3466 dk is your father in law or what why you getting offended .. what adani gets why should I be bothered this video was about CCD .. i am sure tipu sultan was your father !!!
@@cjshetty1744 i am not offended, our thinking we forget big corrupt fish, yet talk about small fish So much & so shallow of you to say, bring tipu topic to here, when we are discussing about corrupt business man.
@@cjshetty1744 I hope you got your 2 rupees for comment.
they had holdings of estates and stakes in few companies. Liquidated them to pay the lenders. Balance sheet of CCD is not much different from what it was before his death.
I really wish to meet this icon someday in person
Instead of jumping off the river he should have handed over company to wife and gone for vacation
What Siddharth couldn't do was done by his wife. poor fellow unnecessarily lost his life
I❤u CCD. I am for CCD. ATB.
He was a victim of government vengeance for supporting Congress financially.his cash flow and liquidity is affected by continuos raids and account freezing.what ever said and done coffe coffe day is his brain child a a huge brand name with lot of good will.All the best for his wife for preserytje legacy and fighting for it
All big businesses are aligned with one party or the other. This is common in the corporate world. Why he could not do what his wife did?
Some have the acumen, some don’t.
Meanwhile his death has become a rallying point to the khangress.
@RAMESH i love how you completely absolve BJP for pressuring a businessman to death. Modiji ko saath khoon maaf haan?
@@yomamasohot6411 Always blame BJP and Modi. How do you fools pass high school? You think people are fools not to know the connection between CCD and DK Shiv kumar? Not to mention wife is former CM of Karnataka SM Krishna's daughter.
@@yomamasohot6411 Doesn‘t the khangress absolve itself from all the scams?
Every thing is unique and surprising when it comes to BJP.... From the khangress perspective.
@@RAMESH-js9lc haan toh tubjp me hain kya?
Great going, Malavika Ma’am! One of my favourite hangouts in India! More power to CCD!
out of context: This video reminds me of my exam writing skills. one two lines intro, important headings, and writing these Headings as side Headings and elaborate them. That's how I used the answer. And the editor did same 😅
Lol, that was exactly what was going through my mind.
You guys are reaching a "substantial" platform mark. I would suggest properly spell checking the text associated with your content.
It should be "the brand that refuses to die" and NOT "the brand that refuse to die"
The word "Brand" takes a singular verb since it is considered a collective noun. Hence, a singular entity.
Netravathi bridge is not in Ulal. It’s in jeppu mangalore
Inspiring
First narrator Shud stop consuming whatever she’s high on. Next she’s daughter of a powerful politician. I have some fair idea that if husband had to commit suicide , she had zero idea what to do. Nobody becomes businesswoman overnight. Her father definitely helped her a lot
why did u do a cheerful PATHETIC voiceover at the beginning of the video, bro?! Such insensitivity.
Ccd was amazing
Malavika Hegde 🙏🙏
Ccd cofee are better than Starbucks , may not be popular opinion
The tone of narration was unnecessarily chirpy, did not match the video and story.
CCD Menu and food quality has gone to dogs in recent months. Just like thier stock price is tumbling in bull market, their food quality, quantity and taste has dropped to lowest level. It is time to understand the pathetic situation f this company. Time to be cautious...!!!
perfect answer. That's what is required when you are doing business at that level.
👏👏👏
CCD will revive now congress is 8n govt. And dk shiv kumar there family friend is in power
Horrible commentator
Well this aged like sour milk
She is S.M.krishna former foreign Minister of India daughter i guess..
Yeh
Stop this free publicity or might be a paid publicity, they have cheated hundreds of coffee planters by not paying their dues to sustain themselves and save their company. They have hundreds of cases against them filed by innocent coffee farmers who are not payed their dues for the coffee they have sold to the company
My Salute and respect to this remarkable lady. 🫡 Never understood why his husband gave away his life.