Construction elevators operate at one of the two towers of Trump Tower Mumbai under construction at Lodha The Park, a luxury residential project developed by Lodha Developers Ltd., in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Trump Tower Developer Battles Bond Slump Amid India Cash Crunch

(Bloomberg) -- India’s property tycoon Mangal Prabhat Lodha’s company just can’t catch a break in the bond market as liquidity risk has roared back amid stress in the sector.

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