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Harshad Mehta Scam
The Harshad Mehta scam was a major financial scandal in India in 1992, involving the manipulation of the Bombay Stock Exchange (BSE) and the misuse of banking funds. Harshad Mehta, a stockbroker,
...Read more- Harshad Mehta’s widow unveils website, looks to clear the air
A screaming headline greets visitors to the website harshadmehta.in, and what follows is a long, detailed defence of her husband by Jyoti Mehta.
- Simply Save | 30 years since 1991 reforms | How Nilesh Shah of Kotak Mahindra mutual fund saw markets and mutual fund industry grow
Moneycontrol’s ongoing series of 30 years of Indian economic reforms talks to various market experts and leading individuals to take us through the journey of how India’s business and economics changed. In this podcast, Nilesh Shah shares his stories
- Harshad Mehta scam | 8 things that changed in Indian stock markets since 1992, explains Zerodha founder Nithin Kamath
Following the fraud of around Rs 4,000 crore - Harshad Mehta scam or Securities Scam, the rules of the game on Dalal Street changed forever. Here's are the changes
- 'Asking yourself these 3 simple questions before investing will keep you away from any fraud'
The proactive nature of SEBI in coming up with regulations and implementing rules have helped build more confidence in investors and helping to increase participants in the market.
- The Market Podcast | Vijay Kedia lists out key learnings for investors post Harshad Mehta scam
People lost their fortunes, which they built in 30, 40 years, in one year. In one scam, you could lose all your things, all your savings of 30, 40, 50 years. So, one should always avoid these kinds of stocks, these kind of operations.
- Harshad Mehta scam: How the investment ecosystem has changed since 1992
The government decided to set up an agency or regulatory body known as the Securities Exchange Board of India in April 1992 to regulate the capital market and to protect the retail investors
- Market crash post Harshad Mehta scam teaches us to value valuations: G Chokkalingam
Never invest borrowed money in stocks; and stay for the long-term, but if valuations hit bubble zone don’t hesitate to book profits and exit
- Top 5 famous scams in Indian stock markets’ history in last 3 decades
As SEBI and other regulatory bodies try their best to keep such scammers and fraudsters at bay, we hope that soon such scams become a thing of the past.
- Harshad Mehta was seen like a hero; now thousand crore scams happen every six months or a year, but they go unnoticed: Vijay Kedia of Kedia Securities
The scam was severe, and it left a permanent scar on the capital market, said Vijay Kedia
