When public works are reduced to instruments of self-enrichment, designers and planners lose any stimulus to apply themselves.
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A SEBI crackdown has revealed that Bharat Global Developers Ltd used every trick in the book to drive up its share price so its preferential stockholders could make a killing. What remains unexplained though is the little-known firm’s dealings with Reliance.
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Surprised by the stiff resistance to its attempts to wrest control of the trust that owns the prime plot of land in upscale Breach Candy, the conglomerate seems reconciled to licking its wounds.