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Indian billionaire commits suicide as he could not turn his company profitable
- r_singh 7y agoFor those outside India, this is a person who's IT company (Mindtree) was forcefully taken over earlier this year for approximately $500M. However, his other project Cafe Coffee Day (India's own Starbucks) is still burning cash and was facing pressure from its PE partners and income tax department et cetera as mentioned by Mr. VG in his last letter.