Coffee Day Global reportedly faces bankruptcy proceedings
Image Credit: NewsBytes
Cafe Coffee Day (CCD) is known for pioneering India's cafe culture. It was once the country's largest cafe chain but has been through a lot in the past few years. Now, Coffee Day Global, the operator of the CCD chain, is reportedly facing a bankruptcy case in the National Company Law Tribunal (NCLT). The petition was filed by IndusInd Bank, reported Economic Times.