Discover and read the best of Twitter Threads about #VGsiddartha

Most recents (1)

Surprised with many people blaming the disapperance of #VGSiddhartha (CEO #CafeCoffeeDay), on alleged pressure from tax-authorities.

The Tax-Raids happend in Sep-2017 and ₹650 crs of concealed income was found (admission on record). Why disappear now, after nearly 2 yrs?😎
1/n
Based on #VGSiddhartha confessions in departing-letter, he admits concealing 'transactions' 4m his team/auditors/senior-management. Why would he do that? Did he launder/lose money elsewhere?😎

If DG-IT was harrasing him, why did he not disclose earlier? He is SIL of Ex-CM🤦‍♂️
2/n
#VGsiddartha recently sold 20% of his stake in #Mindtree for whopping ₹3269 crores. Where did that money go, if there was liquidity crunch?

Coca-Cola was ready to buy 20% of his stake in #CafeCoffeeDay.

Despite huge money, why things so bad?😎
3/n
deccanherald.com/business/busin…
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!