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The debt was brought down to Rs 3100 crore as of 31 March 2020 from Rs 7200 crore in March 2019. As a result of Malavika’s initiatives, it further dropped to Rs 1731 crore in 31 March 2021.
According to police sources, water was found in Siddhartha's lungs and his death was due to drowning.
Days after his death, there is no clarity on whether a harassed VGS threw in the towel because of creditor or Income Tax pressure. His suicide note hinted at both.
The body of the CCD owner who had been missing since Monday evening was found in Netravati river.
They said the businessman had admitted stashing income after raids were conducted against him and his concerns.
Search is on for Siddharatha, founder of India's largest cafe chain and son-in-law of former Karnataka Chief Minister SM Krishna, who has been reported missing from Mangaluru since Monday evening.