The great coal robbery: How three Js multiplied their wealth

Is it possible to quantify the benefits to the alleged beneficiaries of the government’s coal block largesse? Yes. Just use the market capitalisation yardstick. By that measure, the worth of three influential and politically connected families — Jindals, Jayaswals and Jajodias — have rocketed by a whopping 2500% to 23000% in 10 years starting March 2002. It cannot be a coincidence that firms owned by these three families bagged 10%...

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