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Harshad Shantilal Mehta (29 July 1954 – 31 December 2001) was an Indian stockbroker and a convicted fraudster. Mehta's involvement in the 1992 Indian securities scam (about ₹30,000 Crores) made him infamous as a market manipulator.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Shantilal Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India, defrauding investors of over ten million USD.
Oct 9, 2020 · 1. Harshad Mehta, a registered and well-known broker, manipulated the Bombay Stock Exchange (BSE) along with his partners by taking advantage of loopholes in the banking system. 2. Mehta...
Apr 27, 2024 · The 1992 Indian stock market scam is a dark chapter in India’s financial history, profoundly impacting investors and regulators alike. This scandal, which unfolded against the backdrop of economic liberalization, highlighted the dangers of unchecked greed and unethical practices in the stock market.
Mar 25, 2022 · The securities scandal of 1992, with Harshad Mehta as its main player, is back in collective consciousness nearly three decades after it was perpetrated, thanks to Sony LIV's popular web series Scam 1992.
Feb 27, 2020 · The infamous Harshad Mehta scam is one of the biggest stock market frauds in India and is related to 1992 stock market crash. Read all about Harshad Mehta fraud, the stock market scam.
Scam 1992: The Harshad Mehta Story: With Pratik Gandhi, Shreya Dhanwanthary, Hemant Kher, Anjali Barot. The rise and fall of Harshad Mehta, a stockbroker who single-handedly took the stock market to great heights, is depicted.
Apr 24, 2018 · The Securities scam of 1991-92 refers to a diversion of bank funds worth Rs 3,500 crore by Harshad Mehta and other brokers into the stock market selectively, causing it to surge & eventually...
Aug 15, 2022 · Even though it wiped out over a third of the market valuation, the securities scam of 1992, popularly known as the Harshad Mehta scam, introduced a bouquet of historic changes. At a time when...
Oct 21, 2020 · Harshad Mehta changed the way one looks at the stock market and how brokers trade. The securities scam of 1992, involving Mehta, led to sweeping stock market reforms and exposed loopholes in the country's banking system.
