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Bangalore news July 31 highlights: VG Siddhartha cremated at Chethanahalli estate; well-wishers bid a tearful farewell

Bangalore News July 31 highlights: Cafe Coffee Day (CCD) Owner VG Siddhartha's body cremated in Chethanahalli estate, Chikkamagaluru; politicians across party lines and thousands pay homage to popular entrepreneur and former Karnataka Chief Minister SM Krishna's son-in-law.

By: Express Web Desk Written by Ralph Alex Arakal , Darshan Devaiah BP | Bengaluru, Chikamagalur, Mangalore | Updated: July 31, 2019 8:00:44 pm
Yediyurappa-pays-last-respects-siddhartha-ccd-founder Karnataka Chief Minister BS Yediyurappa pays last respects to Cafe Coffee Day founder VG Siddhartha. Express Photo

Bangalore News July 31 highlights: Nearly two days since he was first reported missing, the cremation of Cafe Coffee Day founder V G Siddhartha took place in his ancestral home in Chethanahalli at Mudigere taluk, Chikkamagaluru, on Wednesday.

Also, the son-in-law of former Union External Affairs Minister and former Karnataka chief minister SM Krishna, Siddhartha’s body was found on the banks of the Nethravathi river near Mangaluru at 4.30 am Wednesday.

Condoling the death of coffee tycoon VG Siddhartha, West Bengal Chief Minister Mamata Banerjee said it is a “dangerous signal for the country.. if all industrialists leave the country or commit suicide.” “I’m feeling sad today because it should not be the future of the industry or agriculture,” she said.

Earlier on Wednesday, Coffee Day Enterprises Ltd named independent director SV Ranganath as their interim chairman. ““The board appointed SV Ranganath as the interim chairman and Nitin Bagmane as an interim chief operating officer (COO) of the company,” Coffee Day Enterprises, which runs India’s biggest coffee chain CCD, read a regulatory filing.

Politicians and celebrities from across the state paid tribute to the businessman at Mangalore and at his establishment in Chikkamagaluru before the body was taken to Chethanahalli for the funeral.

While Chief Minister BS Yediyurappa was the first among other politicians to pay homage to Siddhartha, senior Congress leader DK Shivakumar chose to be with the deceased’s family throughout the day. He flew with Krishna and his wife from HAL airport, Bangalore in a helicopter to Chikkamagaluru this afternoon.

Read: Indians mourn Cafe Coffee Day founder VG Siddhartha’s demise with #CCDMemories

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    19:01 (IST)31 Jul 2019
    VG Siddhartha cremated at family's Chethanahalli estate in Chikkamagaluru

    Cafe Coffee Day founder VG Siddhartha was cremated at his family Chethanahalli estate at Mudigere in Chikmagalur district of Karnataka. Family, friends and well wishers bid a tearful farewell to Siddhartha.

    18:50 (IST)31 Jul 2019
    Indians mourn Cafe Coffee Day founder VG Siddhartha’s demise with #CCDMemories

    Many expressed surprise after the demise of VG Siddhartha, the founder of the Cafe Coffee Day chain, was announced Wednesday. But it also resulted in people taking to social media to share their fondest memory at a Cafe Coffee Day outlet in the country. People spoke about how they had gone on dates, met their future spouses and struck business deals over a cup of coffee. Read more

    18:32 (IST)31 Jul 2019
    Siddhartha's mortal remains being moved to the funeral pyre

    Siddhartha's mortal remains being moved to the funeral pyre. Family members surround the pyre.

    17:46 (IST)31 Jul 2019
    Mortal remains reach Chethanahalli ancestral home

    Cafe Coffee Day owner VG Siddhartha's mortal remains have reached his ancestral home in Chethanahalli estate, Mudigere. The funeral will take place after the people gathered in the area will be given a chance to pay homage to the departed.  

    17:06 (IST)31 Jul 2019
    Siddhartha's mortal remains being moved to final resting place

    Siddhartha’s mortal remains are being taken to his native Chethanahalli. Final rites of Siddhartha to be conducted at Chethanahalli estate. The estate is near Mudigere in Chickmagaluru district.

    16:26 (IST)31 Jul 2019
    Leaders pay homage to Siddhartha

    Chief Minister Yediyurappa, BJP leaders Ashoka, CT Ravi, former chief minister Kumaraswamy, Congress leaders D K Shivakumar, KJ George and NA Haris were among those who paid homage to Siddhartha. Kumaraswamy broke down seeing the mortal remains of Siddhartha.    

    15:30 (IST)31 Jul 2019
    Well wishers pay homage to Siddhartha's mortal remains

    The mortal remains of Siddhartha has been brought to his estate in Chikkamagaluru and people are moving past the casket. 

    15:27 (IST)31 Jul 2019
    Captains of industry in the country are under pressure: Mamata Banerjee

    Mamata Banerjee: I am deeply shocked by the incident relating to V G Siddhartha, Coffee Cafe Day founder. It is indeed very sad and very unfortunate. From what he has expressed, it appears that he was greatly depressed due to harassment and pressure from different agencies for which he could not run his business in a peaceful manner. This he could not resist.

    In a series of tweets made condoling VG Siddhartha's death, she further adds, "From what he has expressed, it appears that he was greatly depressed due to harassment and pressure from different agencies for which he could not run his business in a peaceful manner. This he could not resist. I hear from different sources that captains of industry in the country are under pressure; some of them have left the country and some are contemplating to move out. All the opposition political parties are afraid of horse trading and harassment with political vendetta."

    She then adds, "On one hand, the economic growth of the country has nosedived to as low as 5.8% in the fourth quarter of 2018/19, the lowest in the last 5 years, and unemployment has increased to the highest level in the last 45 years. On the other hand, central government is actively pursuing disinvestment of government assets, from Ordnance Factory Board to BSNL, from Air India to Railways, from Chittaranjan Locomotive Works to Alloy Steel Plant, Durgapur and about 45 more public sector undertakings. The overall economy is in bad shape with the common people suffering the most. Industry and agriculture and creation of employment is the future of our country. If industry is demoralised, then there will be no economic and employment growth. As a result, more and more people will become jobless."

    She appeals on Twitter, "My appeal to the government is that when you have been elected, you have to work in a peaceful manner so that people are confident and that political vendetta and agencies do not destroy the future of the country. I express my deep condolence to the family members of Siddhartha. I feel really sad to hear the news. I thought of sharing my feelings and thoughts with all of you."

    14:28 (IST)31 Jul 2019
    SV Ranganath appointed CCD's interim Chairman
    13:47 (IST)31 Jul 2019
    Voluntary bandh across Chickmagalur district
    13:37 (IST)31 Jul 2019
    Thousands arrive in Chikkamagaluru estate to pay last respects

    Thousands of people including coffee planters, CCD employees, relatives, friends, and well-wishers of late CCD owner VG Siddhartha has arrived in his Chikkamagaluru estate. Siddhartha's mortal remains are now on the way from Wenlock Hospital in Mangalore, where the autopsy was done. The body is expected to reach Chikkamagaluru by 2.30 pm.

    13:27 (IST)31 Jul 2019
    Sowmya Reddy pays tribute to CCD's VG Siddhartha

    Recalling the contribution of late Cafe Coffee Day owner VG Siddhartha, Jayanagar MLA Sowmya Reddy said he was a "successful entrepreneur who built homegrown brand CCD and had created 50K+ jobs through his various ventures."

    13:21 (IST)31 Jul 2019
    Coffee estate workers get holiday to mourn VG Siddhartha's death

    The Karnataka Coffee Planters Association has declared a holiday for all coffee estate labourers in Chikkamagaluru, Kodagu, and Hassan districts in the light of the death of CCD founder VG Siddhartha.

    13:19 (IST)31 Jul 2019
    VG Siddhartha's death takes political turn - BJP reacts to Congress allegations

    Reacting to Karnataka Congress terming CCD owner Siddhartha's death as the "result of harassment by IT officials & decline of India’s entrepreneurial position turning virulent by the day, with Tax Terror & collapse of economy," the BJP camp has tweeted, "Investigation will revile the facts behind this tragic incident."

    13:15 (IST)31 Jul 2019
    CCD owner’s death: Kiran Shaw slams PE firm, Mahindra says business failure need not destroy self-esteem

    Some of the biggest names of India Inc. such as Kiran Mazumdar Shaw and Anand Mahindra have expressed shock over Cafe Coffee Day owner VG Siddhartha’s death. Many prominent business personalities who are no stranger to financial turbulence have also pointed out to the growing incidents of tax-terrorism following Siddhartha’s letter.

    Reacting to the demise of Siddhartha, Biocon MD Kiran Mazumdar Shaw said it was a “shocking and sad end to a quiet n unassuming pioneer who started the coffee cafes business ahead of Starbucks in India”. Posting the letter, Shaw further tweeted that the Private Equity fund manager acted like a moneylender which seemed to have caused unbearable stress to VG Siddhartha and it needs to be investigated. Read more

    12:46 (IST)31 Jul 2019
    Karnataka has lost a great businessman: HD Kumaraswamy

    Former Karnataka CM HD Kumaraswamy: I am shocked to hear the news of the death of businessman and close friend Siddhartha. Siddhartha, a friend of the last 25 years, had introduced Karnataka's coffee industry to the world. Thousands of employees were accommodated in their organizations. With his death Karnataka has lost a great businessman.

    12:35 (IST)31 Jul 2019
    VG Siddhartha's death: Roshan Baig tweets condolence message
    12:34 (IST)31 Jul 2019
    Helicopter from HAL Airport carrying SM Krishna and wife takes off; DKS joins them

    Former Karnataka chief minister SM Krishna and wife is now flying to Chikkamagaluru for their son-in-law and CCD founder VG Siddhartha's funeral. The aged couple is travelling in a helicopter which took off from Bangalore HAL Airport now. 

    Former minister and senior Congress leader DK Shivakumar has joined them for the same. 

    By road, late Siddhartha's coffee estate in Chikkamagaluru in 250 kilometres away from Bengaluru and the journey would require a time of more than 4.5 hours. 

    12:15 (IST)31 Jul 2019
    Former CM SM Krishna and family leaves for Chikkamagaluru

    Late Cafe Coffee Day owner VG Siddhartha's father-in-law and former Karnataka chief minister SM Krishna and family have left their Bangalore residence at Sadashivanagar for Chikkamagaluru. The funeral is scheduled to take place this evening. 

    12:09 (IST)31 Jul 2019
    CM Yediyurappa to attend funeral

    Karnataka chief minister BS Yediyurappa will attend CCD founder VG Siddhartha's funer in Chikkamagaluru this evening. The CM will take a helicopter from Bangalore HAL Airport to fly to Chikkamagaluru at 1.30 pm  

    12:06 (IST)31 Jul 2019
    VG Siddhartha dead: From going missing to found dead — what all happened in between

    In 24 hours, several developments in the incident took place — he was last seen by his driver on the bridge of river, his purported last letter came out, political leaders started visiting SM Krishna's house, fishermen said they saw somebody jumping off the bridge, among others.

    A massive search operation was launched by the police on Tuesday, with teams from National Disaster Response Force (NDRF), Coast Guard, Home Guard, fire services and coastal police assisting in the efforts.

    Click here for the sequence of what all happened since Siddhartha went missing.

    11:41 (IST)31 Jul 2019
    Siddhartha's mortal remains to be shifted to Chickmagalur

    Coffee tycoon VG Siddhartha's mortal remains to be shifted to Chickmagaluru soon. Preparations are underway in Chickmagalur for the funeral and for the mortal remains to be kept for display for well wishers and employees to pay homage.

    11:24 (IST)31 Jul 2019
    Coffee Day Enterprises shares plummet on news of Siddhartha's death

    Shares of Coffee Day Enterprises Ltd further plummeted 20 per cent to hit its lowest trading permissible limit for the day on Wednesday after its Chairman and Managing Director V G Siddhartha's body was found.  The scrip tumbled 20 per cent to Rs 123.25 -- its 52-week low level as well as its lowest trading permissible limit for the day -- on the BSE.  At the NSE, it dropped 20 per cent to hit its one year low as also its lower limit of Rs 122.75.

    Shares of Coffee Day Enterprises Ltd dropped 20 per cent on Tuesday also after reports surfaced that Siddhartha has gone missing.

    10:42 (IST)31 Jul 2019
    Post-mortem concludes; body to be taken to Mudigere estate soon

    Cafe Coffee Day founder VG Siddhartha's post-mortem concludes in Wenlock District Hospital, Mangalore. His mortal remains will be kept in his estate in Mudigere, Chikkamagaluru for public homage before the funeral scheduled to take place this evening.

    10:26 (IST)31 Jul 2019
    Siddhartha redefined coffee business, helped build and change lives: Mallikarjun Kharge

    Condoling the demise of CCD owner-founder VG Siddhartha, senior Congress leader Mallikarjun Kharge recalled that the late entrepreneur "redefined coffee business, helped build and change lives." 

    10:17 (IST)31 Jul 2019
    Siddhartha's death disturbing and mysterious: Siddarmaiah

    "The death of V G Siddhartha is both disturbing &mysterious. The reasons & the invisible hands that ended his life in this tragic way should be unearthed through impartial &fair investigation. Our party & I shall always stand with Shri. S M Krishna in their fight for justice," Congress leader and former Karnataka CM Siddaramaiah said. 

    Further, he adds, "The letter supposed to have written by V G Siddhartha few days before his death has discussed about tax terrorism, which is an ugly face of politically motivated institutions. What signals are we sending to the budding entrepreneurs without even an attempt to reform?"

    10:14 (IST)31 Jul 2019
    Police officials arrive at CCD head office
    09:45 (IST)31 Jul 2019
    High time lawmakers bring in progressive policies over punitive actions: JD(S) MLC

    Reacting to Siddhartha's demise, JD(S) Member of Karnataka Legislative Council HM Ramesh Gowda said, "It is high time that lawmakers should open their eyes and bring positive, progressive policies and provide opportunities for corrective measures rather than only punitive actions. Our heartfelt condolences for the ever-loving departed soul of Siddartha." 

    09:42 (IST)31 Jul 2019
    Post-mortem done by 2 specialists: Wenlock Hospital officials

    Officials at Wenlock Hospital, Mangalore, has confirmed that the post-mortem of VG Siddhartha's dead body will be conducted by two specialists. "As per requests by the police, two specialists - a professor of forensic sciences and the senior specialist of forensic medicine in Wenlock hospital - are conducting the post-mortem as per the set of standard procedures," Dr D Rajeshwari, a surgeon at Wenlock Hospital says.

    09:34 (IST)31 Jul 2019
    Had hopes of Siddhartha being alive somewhere: UT Khader
    09:25 (IST)31 Jul 2019
    Deeply saddened on Siddhartha's untimely death: Pralhad Joshi

    Union Parliamentary Affairs minister Pralhad Joshi said he is deeply saddened on getting to know about Cafe Coffee Day owner VG Siddhartha's death. Condoling his family members, Joshi wrote on Twitter that he prays for Siddhartha's soul.

    08:56 (IST)31 Jul 2019
    Karnataka Congress terms Siddhartha's death 'result of harassment by IT officials'
    08:47 (IST)31 Jul 2019
    Who found Siddhartha's body?

    Eyewitness reports say a group of fishermen who found the body of Coffee tycoon VG Siddhartha, said that they saw a body floating on water in the morning and suspected that it could be that of Siddhartha's and went closer to inspect the same.

    08:41 (IST)31 Jul 2019
    Shocked to hear the news: CM Yediyurappa reacts on Siddhartha's death

    Reacting to VG Siddhartha's death, Karnataka Chief Minister wrote on Twitter, "I am shocked to know that Cafe Coffee Day founder and businessman Siddhartha who is also former chief minister Shri SM Krishna's son-in-law is no more. This causes deep pain. May the Almighty have mercy on his family. May his soul rest in peace."

    08:31 (IST)31 Jul 2019
    Last rites likely to be held this evening at Mudigere estate

    The mortal remains of Cafe Coffee Day owner VG Siddhartha is likely to be taken to his estate in Mudigere where the final rites will take place by this evening, close relatives indicate. His body is now undergoing post-mortem and other formalities in Wenlock hospital in Mangalore.

    Mudigere,  a town in Chikkamagaluru district, is 130-kilometres away from Mangalore and 260 kilometres off Bangalore. 

    08:21 (IST)31 Jul 2019
    Govt agencies and banks can drive anyone to desipre: Vijay Mallya
    08:14 (IST)31 Jul 2019
    After 36 hours of search operations, CCD owner VG Siddhartha found dead

    VG Siddhartha, the founder-owner of Cafe Coffee Day, who was reported missing since Monday, is confirmed dead. His body was found on the banks of Netravati River in Mangaluru at 4.30 am Wednesday. Siddhartha, the son-in-law of former Karnataka Chief Minister SM Krishna, disappeared following a drive to Mangaluru with his driver and was last seen on the bridge over the Netravati river on Monday evening. The body was found after the police had launched a massive search operation after Siddhartha’s driver reported him missing. Teams of National Disaster Response Force, Coast Guard, Home Guard, fire services and coastal police also scoured the swollen Nethravathi river to look for him.

    Cafe Coffee Day owner VG Siddhartha, the son-in-law of former Karnataka chief minister SM Krishna, was reported missing from Mangaluru on Tuesday after leaving for the city from Bengaluru the previous night. Siddhartha, who was en route a business trip to Sakaleshpur, was last seen near Ullal bridge over the Netravati River.

    READ| Cafe Coffee Day owner missing: Police team leaves for Bengaluru to conduct inquiry

    The Bengaluru Traffic police are looking to deny petrol to two-wheeler riders without helmets at fuel stations in the city.

    READ| Bengaluru Traffic Police to implement ‘No Helmet, No Fuel’ rule soon

    At the same time, the Congress on Tuesday expelled all fourteen rebel Karnataka MLAs who were disqualified by former Assembly Speaker Ramesh Kumar under the anti-defection law last week. A list sent by the party’s state unit calls for action against the MLAs for “anti-party activities.”

    READ| Congress expels 14 rebel MLAs in Karnataka

    Here are a few contacts that might come handy for you in emergency situations: BBMP Control room: 080-22221188 In case of power disruptions, contact BESCOM: 1912. If the water supply is hit at your area, contact BWSSB: 1916.