Nirav Modi's Gitanjali Gems saw its market value rise from Rs 9.9 billion to a Rs 58 billion in seven years. Now its market value stands at just Rs 1.46 billion.
BJP claimed Nirav Modi was a tenant in commercial property owned by Abhishek Singhvi’s family company; the Congress spokesperson called it ‘cheap politics’.
Just before the Nirav Modi case, ex-RBI Governor Y.V. Reddy said Indian banking system is mainly owned by govt, followed by foreigners and least by Indians.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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