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The 1992 Indian stock market scam was a market manipulation carried out by Harshad 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 fifteen million USD.
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.
1992 Indian stock market scam [6] 1992 Stamp paper scam; 1992 Ajmer rape case; 1996 Disproportionate assets case against Jayalalithaa [7] [8] 1997 Tatra Truck scam; 1997-2006 Jalgaon housing scam [9] 1998 Anubhav Plantations; Ice cream parlour sex scandal; Purulia arms drop case; Palmolein Oil Import Scam; Hawala scandal; SNC-Lavalin Kerala ...
He was also the RBI Governor during 1992 Indian stock market scam also sometimes referred to as the Harshad Mehta scam, after the principal accused. The incident was called a failure of the country's securities markets. [14] After retirement, Venkitaramanan served as the Chairman of Ashok Leyland Investment Services Ltd.,
Today, he is largely remembered for his role in 1992 Indian stock market scam. The State Bank of India was involved in the scam and several allegations were made against Goiporia, who was the then chairman. [4] In Scam 1992: The Harshad Mehta Story, a documentary film chronicling the 1992 scam, the role of Goiporia was played by the Indian ...
The pair are working on Scam 2003: The Telgi Story and cast Gagan Dev Riar to play the lead. The second season of the franchise is a follow up to the lauded Scam 1992: The Harshad Mehta Story ...
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.
EXCLUSIVE: In May, we revealed Indian studio Applause Entertainment was deep in development on a big-budget drama series about independence hero Mahatma Gandhi, and the studio has now turned to a ...