CM Siddaramaiah resigns: Shares of Coffee Day Enterprises, which operates Cafe Coffee Day, one of India’s largest coffee retail chains, saw a sharp rise last week. During trading on May 29, the company’s stock reached Rs 34.78, touching the upper circuit of 20%. Due to this, the wealth of investors increased by about Rs 122 crore. The reason for this rise in shares was Siddaramaiah’s decision to resign from the post of Chief Minister of Karnataka. This cleared the way for someone else to take over the reins of the state.

Who will be the next Chief Minister of the state?

According to reports, after the resignation of Siddaramaiah, Karnataka Deputy Chief Minister DK Shivkumar is considered certain to become the next Chief Minister. Ever since the Congress government was formed in Karnataka, there has been a lot of speculation in the political circles about the possible arrangement between Siddaramaiah and Shivakumar to become the Chief Minister by rotation.

Shivakumar’s connection with CCD

Shivkumar is deeply associated with the CCD family. His eldest daughter Aishwarya is married to Amartya Hegde, son of late CCD founder VG Siddhartha. Stock market investors feel that with Shivakumar becoming the Chief Minister, CCD’s business, administrative problems and its old cases can be resolved. Perhaps this might have been the reason that at 11:35 am on May 29, Coffee Day shares were trading at Rs 34.78 per share with a gain of 20%. CCD is currently facing many problems, including fine of lakhs imposed by SEBI for financial irregularities, huge debt, bank default, insolvency etc.

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Karnataka Chief Minister Siddaramaiah on Tuesday (2 December 2025) along with Deputy Chief Minister D.K. Reached Shivkumar’s residence, where both the leaders had breakfast together. As soon as CM Siddaramaiah arrived for the breakfast meet, both DK brothers welcomed him with bouquets. DK Suresh touched the feet of the Chief Minister. Kunigal MLA Dr. Ranganath was also present on the occasion.

Just before this meeting, Congress sources clarified that any decision to change the Chief Minister in Karnataka will be taken only by Rahul Gandhi and Congress President Mallikarjun Kharge. No such instructions have been given yet. At present, both the leaders have been asked to meet each other and resolve the matter. The breakfast prepared for Karnataka Chief Minister Siddaramaiah was cooked at Shivakumar’s house, which included idli, dosa, upma, natti chicken and coffee.

Shivkumar had also arrived for breakfast
According to the PTI report, the recent meeting is being projected as a cordial visit as three days ago, Shivkumar had similarly visited the Chief Minister’s official residence for a breakfast meet. Shivkumar had said on Monday (1 December 2025) that both he and the Chief Minister will continue to work together as a team. He also mentioned that the Deputy Chief Minister had invited Siddaramaiah for breakfast so that collective efforts could be discussed to fulfill the promises made to Karnataka. He also said that both of them are working like brothers. He stressed that there is no factionalism in the state unit of Congress and blamed the media for creating confusion. On the issue of leadership, both said that they will obey the high command.

belagavi assembly session
This development is being seen as a step taken by the high command to stop the leadership tussle between the two and indicates that Siddaramaiah will continue to be the Chief Minister for now, especially ahead of the Belagavi Assembly session starting on December 8.

Also read: Karnataka Politics: Table set, Siddaramaiah reached Shivkumar’s house, what will happen in the breakfast meeting?

Siddaramaiah on Pahalgam Terror Attack: Karnataka Chief Minister Siddaramaiah has overturned his statement. He had said in his statement that there is no need to wage war against Pakistan in response to the terrorist attack in Pahalgam, in which 26 people were killed.

He said that his statement has been presented incorrectly. At the same time, he also said that India should not tolerate any danger for its unity and sovereignty and can be fought against Pakistan if necessary.

Chief Minister Siddaramaiah gave clarification

Chief Minister Siddaramaiah said, “I said that war is not necessary right now, but for the safety of the people of the country, terrorism should be completely abolished. India is the land of Buddha and Basavanna and we are peace -loving people, we are not war without reason. If war is inevitable, we should fight, whether it is against Pakistan or any other country, which is a threat to our unity and sovereignty. There is no need.

He said, “Terrorism should be completely eliminated. This work should be done by the central government. At the same time people should get security. That was what I never opposed. I never opposed the war. First in 1971 Indira Gandhi launched war and defeated the enemies. At that time more than 90,000 Pakistani soldiers surrendered.

DK Shivkumar refused to comment

DCM DK Shivkumar refused to react to Siddaramaiah’s statement on Sunday, saying, “I do not want to comment on it. Mallikarjun Kharge and Rahul Gandhi have already made it clear at the national level under the leadership of Rahul Gandhi. Do. “

Honey trap row: In the Karnataka Assembly on Friday (March 21), there was such an uproar on the HoneyTrep case that the proceedings of the House had to be postponed. Here the BJP MLAs entered the well of the House and waved the styles and threw the paper in front of the speaker’s chair.

In fact, Karnataka Cooperative Minister KN Rajanna had revealed on Thursday that an attempt was made to implicate him in Honey Trap. He also said that many MLAs and MPs of Karnataka have been implicated in this trap. On this statement of Rajanna, the MLAs of the opposition party created a lot of stir in the Karnataka Assembly.

BJP MLAs shouted slogans during this period. He waving the seeds said that he has evidence of honeytrap. During this time, some MLAs even asked CM Siddaramaiah how much budget your government has kept in Honey Trap to implicate the leaders of opposition parties.

‘Investigation is seated, what else is needed?’
CM Siddaramaiah tried hard to calm the uproar during this period. He said, ‘No one will be spared in this matter. Everyone’s rights will be protected. Whether it is the MLA of any party, an independent or the general public, it is the responsibility of the government to give justice to everyone. However, despite Siddaramaiah’s speech, the noise continued. On this, Siddaramaiah also said that the Home Minister Dr. Parmeshwar has said in the House that a high -level inquiry has been held in this matter, what else do you need more than this.

#Watch Ruckus Erupts in Karnataka Assembly as BJP Mlas Enter The Well of the House and also TEAR and Throw Papers Before The Speaker’s Chair

(Video source: karnataka assembly) pic.twitter.com/giejodxcxf

– ANI (@ani) March 21, 2025

‘Agenda is behind Hanitrep’
BJP MLA and Leader of the Opposition in the Assembly R Ashok said on the matter, “This is not a single party issue, it is the biggest conspiracy against the MLAs working for the people and some people are doing this (honeytrap) with their hidden agenda.”