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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.
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 .
Scam 1992 – The Harshad Mehta Story is an Indian Hindi-language biographical financial thriller streaming television series on SonyLIV directed by Hansal Mehta, with Jai Mehta serving as the co-director. [1]
Rebecca Mammen John is a Senior Advocate at the Supreme Court of India, and works primarily in the field of criminal defence.She has represented parties in several widely reported cases, including the families of victims of the 1987 Hashimpura massacre, Indian stockbroker Harshad Mehta, and the accused in the Aarushi murder case.
Artificial Solutions is a multinational technology company that develops technology for conversational AI systems. The company's products have been deployed in a wide range of industries including automotive, [ 2 ] finance, [ 3 ] [ 4 ] [ 5 ] energy, entertainment, telecoms, [ 6 ] [ 7 ] the public sector, [ 8 ] [ 9 ] retail [ 10 ] [ 11 ] and ...
Analysts expect AI spending to continue growing at the expense of other traditional server equipment. Revenue at Nvidia's gaming segment rose to $2.49 billion, above analyst estimates of $2.4 ...
Haridas Mundhra (Hindi: हरिदास मूंदड़ा; died January 6, 2018) was a Calcutta-based stock speculator who was found guilty and imprisoned in the first big financial scandal of newly independent India in the 1950s.
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 .