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Who is the current Harshad Mehta of stock market?
Mehta was convicted by the Bombay High Court and the Supreme Court of India for his part in a financial scandal valued at ₹100 billion (US$1.3 billion) which took place on the Bombay Stock Exchange (BSE)….Harshad Mehta.
| Harshad Shantilal Mehta | |
|---|---|
| Criminal penalty | 5 years rigorous imprisonment |
How did Harshad Mehta made money in stock market?
The scam was orchestrated in such a way that Mehta secured securities from the State Bank of India against forged cheques signed by corrupt officials and failed to deliver the securities. Mehta made the prices of the stocks soar high through fictitious practices and sold the stocks that he owned in these companies.
How can I be like Harshad Mehta Quora?
If you want to become Harshad Mehta, you would need insane amount of money to operate stocks based on your whims. You would also need willing companies would would let you operate. But then, if one already has access to that kind of cash, why would they put that money into highly risky business like trading.
Who is the big bull of stock market?
bull Rakesh Jhunjhunwala
Big bull Rakesh Jhunjhunwala made a staggering Rs 101 crore from five of his portfolio stocks in this year’s muhurat trading session. Big bull Rakesh Jhunjhunwala made a staggering Rs 101 crore from five of his portfolio stocks in this year’s muhurat trading session.
What happened Ashwin Mehta?
Ashwin Mehta was sentenced to 5 years of rigorous imprisonment in a case related to the diversion of funds from state-run ONGC. In addition to this, he was also fined RS. 5 lakhs.
Who is Harshad son?
Aatur Harshad Mehta
Harshad Mehta/Sons
What is Harshad Mehta wife doing?
She was entitled to receive the whole amount with 18\% interest because she was his sole beneficiary. Reportedly, Jyoti and her son, Atur have left their lives in Mumbai, India, and are currently living in the US, America. They are just trying to start fresh with far away from all the media.