23:28 July 30
Saw a 'person' jumping from bridge into river, claims fisherman
A fisherman claimed to have seen a man, likely to be CCD founder VG Siddhartha, jumping into the Netravathi river from the bridge in Karnataka's Mangaluru on Monday evening, police said on Tuesday.
"We have recorded the statement of fisherman Symond D'Souza that he saw a man jumping off the bridge into the river when he was fishing nearby," Mangaluru Assistant Commissioner of Police (ACP) Kodandaram told media.
23:08 July 30
Search Operation underway
Search operation underway for founder and owner of Cafe Coffee Day (CCD) VG Siddhartha.
22:02 July 30
CCD's Siddhartha accepted holding blackmoney, disputes his signature on letter: I-T dept
The Income Tax Department on Tuesday denied charges of harassment during its probe against Cafe Coffee Day (CCD) promoter V G Siddhartha as it pointed out that his signature available with it was different from that on a letter being widely published on social media.
It said the businessman had admitted holding stash income after raids were conducted against him and his concerns.
21:02 July 30
Mangaluru Police Commissioner S Patil on missing CCD founder
Mangaluru Police Commissioner S Patil says:
Yesterday I met the family of Mr. V G Siddhartha at his house, spoke to them about him. One team has gone to Bengaluru for further inquiry. The rescue operation has been going on since last night and will continue until we get concrete results.
19:03 July 30
I-T dept denies authenticity of the letter
Income Tax department denies the authenticity of the note written by the missing CCD founder V G Siddhartha claiming that the signature does not tally with Sidhhartha's signature as available in annual reports.
18:40 July 30
CCD to assess situation after owner went missing
Cafe chain operator Coffee Day Enterprises said it is evaluating and assessing the situation after its chairman V G Siddhartha went missing since Monday evening.
17:41 July 30
Coffee Day Enterprises' board reviewed letter purportedly signed by Siddhartha, shared copies with relevant authorities
17:41 July 30
Coffee Day board is formulating appropriate steps to ensure business operations are unaffected
17:40 July 30
The Income Tax Department on Tuesday denied charges of harassment during their probe against Café Coffee Day promoter V G Siddhartha and official sources pointed out that the signatures of the entrepreneur available with them were different from those on a letter being widely published on the social media.
They said the businessman had admitted holding stash income after raids were conducted against him and his concerns.
17:37 July 30
I-T dept denies charges of harassment against missing CCD founder V G Siddhartha
VG Siddhartha's car was last seen passing through the BC road toll gate in Mangaluru.
16:27 July 30
Last footage of missing CCD founder, VG Siddhartha's car
V G Siddhartha fetched Rs 3200 crore from sale of Mindtree shares, but paid only Rs 46 crore tax out of total Rs 300 crore: Sources.
15:50 July 30
Siddhartha paid only 46 crore tax out of total Rs 300 crore
I-T dept acted as per law in case against CCD promoter V G Siddhartha: Official sources.
15:49 July 30
I-T dept acted as per law in case against CCD promoter V G Siddhartha: Official sources.
15:12 July 30
As per sources in the Police Department, the letter was written by Siddartha himself.Siddhartha had asked his secretary to hand it over to the Board and to the Police as well.
14:35 July 30
Police confirms Siddhartha's letter as 'genuine'
Search operations are currently underway to locate missing VG Siddhartha. NDRF team conducts rescue operation in Nethravathi river, Mangaluru.
"Air Cushion Vehicle (H-198) is undertaking search in Nethravathi River and providing support to CG diving teams. Three diving teams, along with the district disaster relief team, has been deputed to carry out search for the missing person," the Coast Guard said in a statement.
14:32 July 30
DK Shivakumar, Congress says:
"This incident is hard to believe, I've asked for an investigation.
He is an asset to the country, we don't know if he is missing or someone has taken him away."
14:20 July 30
Janata Dal (Secular) leader, HD Deve Gowda arrives at the residence of SM Krishna in Bengaluru.
13:07 July 30
Sanjay Nirupam, Congress leader says:
"What failed him eventually? Economic policy? Market forces? Or Consumer behaviour? Or recession has arrived?
12:58 July 30
Dist Commissioner, Dakshin Kannada, Sasikanth Senthil says:
"We have launched search and rescue operations.
Eight teams are conducting search operations along with Coast Guard and NDRF.
We have also asked for support from Navy"
12:35 July 30
Dist Commissioner, Dakshin Kannada, Sasikanth Senthil says:
"We have launched search and rescue operations.
Eight teams are conducting search operations along with Coast Guard and NDRF.
We have also asked for support from Navy"
11:35 July 30
Coffee Day enterprises secured loan summary
The amount of loan Siddhartha owed to the banks is Rs 8,082.63 crores
11:01 July 30
Coffee Day Enterprises shares plunge 20% as Siddhartha went missing last evening.
11:00 July 30
BJP MP Shobha Karandlaje met Union Home Minister Amit Shah, submitted a letter to him, seeking help from Centre to trace VG Siddhartha.
10:41 July 30
Former Karnataka Chief minister HD Kumaraswamy visits SM Krishna's residence.
10:13 July 30
Siddhartha allegedly wrote a parting letter to the CCD Board of Directors and the employees stating, "I've failed to create the right business model. I am very sorry to let down all the people that put their trust in me. There was a lot of pressure from DG income tax official."
"My intention was never to cheat or mislead anybody"
09:45 July 30
'I have failed' wrote Siddhartha in an alleged note to CCD employees
In Bengaluru, Chief Minister B S Yediyurappa visited S M Krishna's residence and held discussion with the family members. Senior Congress leader D K Shivakumar also visited Krishna's residence.
09:33 July 30
According to reports, Siddhartha allegedly wrote a parting letter to the CCD employees stating he has failed as an entrepreneur.
09:22 July 30
Mangaluru Police Commissioner, Sandeep Patil says: "Boat service and help from local fishermen taken to conduct search operation in the Netravati river."
"We are checking with whom all he spoke last"
09:17 July 30
Swimmers, coastguard have also been called for the search operation.
09:09 July 30
People gather at former Karnataka CM, SM Krishna's residence in Bengaluru
09:00 July 30
Mangaluru police had initiated the search, but with no results.
08:57 July 30
According to reports, a person is suspected to have jumped off the Ullal bridge, on the Nethravathi river at around 9 pm. According to his car driver, Siddhartha is suspected to be the person who may have allegedly jumped off the bridge.
The driver stated that Siddhartha travelled till the Ullal bridge from Bengaluru in his car. He then asked his driver to stop the vehicle following which he walked for some distance and then disappeared.
Meanwhile, the driver kept waiting and eventually reported the matter to the police.
08:54 July 30
Bengaluru: Former Karnataka chief minister and BJP leader, SM Krishna's son-in-law and Cafe Coffee Day (CCD) owner VG Siddhartha went missing at Ullal on Monday night.
READ: Unnao rape victim's accident: FIR registered against Kuldeep Sengar
08:13 July 30
India's 'Coffee King' missing, search ops underway
Bengaluru: Former Karnataka chief minister and BJP leader, SM Krishna's son-in-law and Cafe Coffee Day (CCD) owner VG Siddhartha went missing at Ullal on Monday night.
READ: Unnao rape victim's accident: FIR registered against Kuldeep Sengar