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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.
Kirloskar Brothers Limited (BSE: 500241 NSE: KIRLOSBROS) is a pump manufacturing company involved in engineering and manufacture of systems for fluid management. [1] Established in 1888 in Kirloskarvadi and incorporated in 1920, Kirloskar Brothers Limited is the flagship company of the $2.5 billion Kirloskar Group .
Kirloskar Brothers Limited (NSE:KIRLOSBROS), which is in the machinery business, and is based in India, received a lot of attention from a substantial price movement on the NSEI over theRead More...
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.
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Kirloskar Brothers Limited Kirloskarvadi; Kirloskar Brothers Limited Kirloskarvadi-Palus, SPP Pumps (UK), Braybar Pumps Ltd., (South Africa) and Kolhapur Steels Ltd. [3] [4] Kirloskar Brothers produces Centrifugal pumps from 0.1 kW to 26 mega-watts single pumps, pumping liquids in excess of 35,000 liters/sec thus producing some of the largest pumps by size and horsepower.
Kirloskar Pneumatic Company Limited (KPCL) is one of the core Kirloskar Group companies and was founded in 1958 by Shantanurao Laxmanrao Kirloskar. The company offers engineering products and is represented by offices across the globe. [1] KPCL serves major sectors like Oil and Gas, Steel, Cement, Food and Beverage, Railways, Defense and Marine.
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