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Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker, businessman, and convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹ 30,000 crore (equivalent to ₹ 2.3 trillion or US$27 billion in 2023)) led him to gain infamy for market manipulation .
She is known for exposing the 1992 stock market scam done by Harshad Mehta. In 2006, she began to write for Moneylife , a fortnightly magazine on investment started by her husband Debashis Basu. She is now the Managing Editor of Moneylife .
Sumit Purohit is an Indian filmmaker, writer, editor, and director [1], known for his work on the critically acclaimed Sony Liv series Scam 1992: The Harshad Mehta Story.He has also contributed to several other notable projects, including Inside Edge, Bangistan, and the upcoming feature documentary Charlie Champion.
Mehta used the ready forward deal and applied it to the Bank Receipts system of the Indian financial systems. This system was the most flawed system as the Janakiraman Committee restructured the entire Bank Receipts system after the 1992 scam. [11] Mehta used forged BR's to gain unsecured loans, and used several small banks to issue BRs on demand.
Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. [1]
Mehta is an Indian surname, derived from the Sanskrit word mahita meaning 'great' or 'praised'. It is found among several Indian religious groups, including Hindus , Jains , Parsis , and Sikhs . Among Hindus, it is used by a wide range of castes and social groups, including Rajputs , Brahmins , Tyagi and Bania .
The number of living former U.S. presidents dwindled to four on Dec. 29, 2024, when Jimmy Carter died at age 100 just months after extending his record as the longest-living president in U.S ...
Scam 1992: The Harshad Mehta Story: Spouse: Urvashi Kher (m. 2006) Children: 2: Hemant Kher (born 17 December 1977) is an Indian actor, writer, and acting coach.