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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 .
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.
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 .
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Pratik Gandhi (born 28 April 1980) is an Indian actor who primarily works in Gujarati and Hindi films, theater, and television. He is best known for portraying Harshad Mehta in the Sony LIV biographical series Scam 1992 (2020).
Radhakishan Shivkishan Damani [9] was raised in a Maheshwari Marwari Hindu family in a single room apartment in Mumbai. He studied commerce at the University of Mumbai but dropped out after one year. After the death of his father who worked on Dalal Street, Damani left his ball bearing business and became a stock market broker and investor.
Harshad and Shilpa open a maternity home in Godavari's name. Meenakshi is expecting her third child. Gudiya has had twin daughters. A breakthrough in polio treatment has helped Baby to recover from her polio. Birju and Radhika have a son named Aahan. Rimjhim has started a family catering business known as 'Thakkar Caterers'.