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The biggest money market scam ever committed in India, amounting to approximately ₹ 5,000 crores. The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of ...
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.
Based on the 1992 Indian stock market scam committed by many stockbrokers including Harshad Mehta, the series is adapted from journalist Sucheta Dalal and Debashish Basu's 1992 book The Scam: Who Won, Who Lost, Who Got Away. [2] The screenplay and dialogues were written by Sumit Purohit, Saurabh Dey, Vaibhav Vishal and Karan Vyas.
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.
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After economic liberalization in India in 1991, the stock market saw a number of cycles of booms and busts, some related to scams such as those engineered by players such as Harshad Mehta and Ketan Parekh, some due to global events and a few due to circular trading, rigging of prices and the irrational exuberance of investors leading to bubbles ...
Applause Entertainment Reunites With ‘Scam 1992’ Director Hansal Mehta And Siddhartha Basu As ‘Gandhi’ Drama Series Takes Shape. Jesse Whittock. July 27, 2022 at 10:30 PM.
Mehta said the evidence at trial showed the importance of the default settings. He noted that Microsoft's Bing search engine has 80% share of the search market on the Microsoft Edge browser.