The future here of Indian logging company Vaitarna will come under increasing scrutiny after its sister company in the state of Karnataka shut down suddenly yesterday, months after its owner V G Siddhartha died in an apparent suicide.
Dark Forest Furniture Co. (Daffco), the firm promoted by the late coffee baron Siddhartha closed its operations yesterday, according to The Hindu.
The report noted that Daffco had designed and developed hardwood furniture for all Cafe Coffee Day (CCD) outlets, the CCD Group’s hospitality venture Serai properties and other clients.