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#harshad mehta
suchananewsblog · 1 year
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Hansal Mehta says a film's audience should not be concerned with box office figures - Times of India
Box office collections have all the time been a sensitive matter for the film trade. In the previous, box office numbers had been mentioned by producers, exhibitors and distributors for enterprise choices, however now, these figures have turn out to be a half of audience curiosity. Even informal conversations between film buffs characteristic topics on a film’s collections. Most fashionable…
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citizenrecord · 2 years
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Scam 1992 Explained: How Harshad Mehta, brokers and banks gamed the system
The irregularities in securities transactions of the banks and financial companies known as securities scam, which came to light in the second quarter of 1992 is unprecedented in many respects. Both the volume and the involvement of individuals and the institutions were various and stupendous. It embraces among others foreign banks, financial and other public/private sector corporations, the principal stock exchanges, select brokers, and persons occupying high offices.    
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.
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While the series has been praised for its largely accurate portrayal of the events that transpired -- down to a fleeting mention of the fiscal deficit in the Budget 1986 speech, as is shown when a character is watching it on TV -- there are only so many details that it can capture given the scope of the medium.
Here's a detailed FAQ that takes an in-depth look at the Securities Scam 1992.
At its core, what was the Securities Scam 1992 about?
Stockbrokers wanted to borrow funds to deploy in the market. Stringent RBI regulations restricted them from borrowing from banks, the cheapest source of funds. Brokers found a workaround built on trading in government securities, colluding with banks, circumventing RBI rules, getting their hands on bank funds and diverting it to the stock market.
Brokers and banks got help from public sector undertakings (PSUs), which were looking for avenues to deploy their temporary surpluses. In violation of rules, PSUs started taking positions in the securities market through the portfolio management services (PMS) schemes run by banks.
This wall of money fuelled massive speculation in stocks between April 1991 and May 1992, and caused a near fourfold jump in the BSE Sensex.
Read More : https://www.cnbctv18.com/market/scam-1992-harshad-mehta-scam-explained-7417101.htm
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algorithmik · 11 months
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indiejones · 2 years
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INDIES TOP 100 BOLLYWOOD HISTORICALS !
INDIES TOP 100 BOLLYWOOD HISTORICALS !
"History is blessing as an inspiration, & disaster as an excuse". Since we at Indies devote part of our time here online, to being film historians & not real life historians, & since there has anyway been a scarcity of historical film material produced thru time, to entertainingly hook our audiences in to our enthralling past/culture, not just in the new millennia but even in the golden b&w age of cinema, we would like to take the cinematic liberty of defining history, not per the strict parameters imposed on real history /antiquity researchers, but a milder set of rules, namely: 1. The films should be largely based on broadly accepted & popular real set of events or incidents & people, from society - if not with exact places & dates or names altogether. 2. The stories passing on thru time, mostly via linked textual references, must have a broad acceptance in culture as inspiring reality, even w/o empirical tangible evidences to establish their authenticity, & despite contrary, or dismissive, lesser popular claims in circulation. 3. The amount of magic, not just metaphoric but real magical qualities, attributed to humans narrated via these stories, must be restricted to a bare minimum & atleast not form a crux of the film (as such stories already find a hallowed place in Indies Mythological Films section). PS. Few of the below listed films, were released in dual languages, incl Hindi, back in the day, even if only non-Hindi versions available for viewership today. PS. There are a very small few old b&w (assumed not confirmed) historical films from 1930s & 1940s era coming across as impressive at just poster or casting look, but with no prints available for public view, nor any journalistic literature of the time to gain more insight, very hard to include them at Indies so. PS. Jfyi. The 2 most prominent Bollywood Historical masters to emerge post this exclusive Indie historical collation, lending this all-time research much density, are- Paidi Jairaj followed by Bharat Bhushan! Each with a handful historical films placed atop or very high up the all-time list !
And.. Here they are!
Samrat Prithviraj Chauhan
Meera
Haqeeqat
Veer Bhimsen
Adi Shankaracharya
Valmiki
Noorjehan
Mirza Ghalib
Sangeet Samrat Tansen
Gandhi
Dr. Babasaheb Ambedkar
Ramshastri
Taj Mahal
Matwala Shair Ramjoshi
Devi Ahilya Bai
Jhansi Ki Rani
Hameer Hath
Tansen
Shri Chaitanya Mahaprabhu
Bhakta Surdas
Bhakta Kabir
1857
Scam 1992: The Harshad Mehta Story
Sikandar E Azam
Jai Chitod
Amarsinh Rathod
Veer Durgadas
Bahadur Shah Zafar
Panipat
23rd March 1931: Shaheed
Jodhaa Akbar
Thalaivi
Neerja
Mahabharat
Rocketry: The Nambi Effect
Tulsidas
Narsi Bhagat
Chanakya
Pannadai
Subhadra Haran
Angulimaal
Placebo
Mirza Ghalib
Tipu Sultan
83
Ek Doctor Ki Maut
The Man Who Knew Infinity
Rang Rasiya
Alma Matters - Inside the IIT Dream
Gandhi, My Father
Jahan Ara
Kaagaz
Mangal Pandey: The Rising
Amrapali
Bharat Ek Khoj
Maharana Pratap
Kavi Kalidas
Rani Rupmati
Netaji Subhash Chandra Bose
Meera
Sikandar
Babar
Humayun
Chittagong
Netaji Subhas Chandra Bose: The  Forgotten Hero
Veer Rajputani
Chhatrapati Shivaji
Jinnah
Jawahar
1971
Mary Kom
Dr. Kotnis Ki Amar Kahani
Veer Amarsingh Rathod
Narsi Bhagat
Shershaah
Samvidhaan: The Making of the  Constitution of India
Shahid
Paltan
The Ghazi Attack
Talvar
Razia Sultan
Razia Sultana
Bal Shivaji
Rohingya - People from nowhere
Bhamashah
Bhopal: A Prayer for Rain
Nawab Sirajuddaullah
Changez Khan
Nadir Shah
Maharani Padmini
Samrat Chandragupt
Dhoop
Shaheed Uddham Singh: Alais Ram  Mohammad Singh Azad
The Answer
Thinking of Him
The Least of These: The Graham  Staines Story
Dangal
Rebellious Flower
Nanak Shah Fakir
Manto
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investormart · 16 days
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Harshad Mehta House in Mumbai Address and Price
Harshad Mehta's house, located in Mumbai, was situated at Juhu's Madhuli building. This iconic property was sold in 2021 for a whopping sum of around 14 crores, marking its historical significance as the residence of the infamous stockbroker. The sale attracted significant attention from both investors and enthusiasts alike, reflecting the enduring fascination surrounding Mehta's legacy. Today, the house stands as a symbol of the tumultuous era of Indian finance in the 1990s, forever etched in the annals of history.
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dortnumara · 1 month
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Dünyanın en iyi 99 dizisi - 2024
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Dünyanın en iyi 99 dizisi - 2024 Son zamanlarda dizi izlemek, keyifli ve eğlenceli bir aktivite olarak popülerliğini artırmış durumda. Özellikle bir arkadaşınızla birlikte izlemek, bu deneyimi daha da keyifli hale getirebilir. IMDb tarafından güncellenen "En İyi 99 Dizi" listesi, dizi tutkunlarının merakla beklediği ve sık sık araştırdığı bir kaynak haline geldi. Breaking Bad'in birinci sırada yer alması, IMDb kullanıcılarının genel tercihlerini yansıtıyor gibi görünüyor. Bu dizi, kimya öğretmeni Walter White'ın uyuşturucu imparatorluğu kurma sürecini konu alırken, 10 üzerinden 9.5 puan alarak büyük bir beğeni toplamıştır. İkinci sırada ise Sapne Vs Everyone dizisi bulunuyor. Chernobyl, Band of Brothers, Bluey, The Mandalorian, Avatar: The Last Airbender, The Wire ve Scam 1992: The Harshad Mehta Story gibi diğer popüler yapımlar da listede yer alıyor. Bu diziler, farklı türlerde ve temalarda olmalarına rağmen, IMDb kullanıcılarının ortak beğenisini kazanmıştır. Dizi tutkunlarının ilgisini çekebilecek bu liste, geniş bir izleyici kitlesine hitap etmektedir. IMDb'nin güvenilirlik ve kapsamlı içeriği, dizi severler için vazgeçilmez bir kaynak haline gelmiştir. Tüm listedeki dizilere göz atmak için aşağıdaki bağlantıyı kullanabilirsiniz.
Dünyanın en iyi 99 dizisi - 2024
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Dünyanın en iyi 99 dizisi - 2024 IMDb'nin en iyi 99 dizisi listesi, dizi severlerin ilgisini çekmeye devam ediyor. Bu listede, birçok farklı türde ve tema içeren yapımlar yer alıyor. Her biri kendi benzersiz hikayesi ve karakterleriyle dikkat çeken bu diziler, IMDb kullanıcıları tarafından yüksek puanlarla ödüllendirilmiştir. Listede birinci sırada yer alan "Breaking Bad", Walter White'ın uyuşturucu imparatorluğu kurma sürecini anlatarak izleyicileri ekran başına kilitlemeyi başarmış. Onu, "Sapne Vs Everyone" dizisi takip etmektedir. "Chernobyl", "Band of Brothers", "Bluey", "The Mandalorian", "Avatar: The Last Airbender" gibi yapımlar da yüksek puanlarıyla dikkat çekmekte. Listede farklı ülkelerden ve kültürlerden diziler de bulunmaktadır. Örneğin, Hint dizisi "Scam 1992: The Harshad Mehta Story", Türk yapımı "Behzat Ç.: Bir Ankara Polisiyesi" ve Japon animasyonu "Shingeki no Kyojin" gibi yapımlar da listede kendine yer bulmuştur. Bu çeşitlilik, dizi izleyicilerinin farklı tercihlerine hitap etmekte. Listedeki her dizi, izleyicilere benzersiz bir deneyim sunmakta ve farklı konuları ve temaları ele almakta. IMDb'nin en iyi 99 dizisi listesi, dizi severler için önemli bir başvuru kaynağı olarak kabul edilmekte. Her bir dizi, izleyicilerine unutulmaz anlar yaşatmayı ve derin düşüncelere sevk etmeyi hedeflemekte. İşte IMDb tarafından puanlanarak sıralanan dünyanın en iyi 99 dizisi: - Breaking Bad - 9.5 - Sapne Vs Everyone - 9.5 - Chernobyl - 9.3 - Band of Brothers - 9.4 - Bluey - 9.4 - The Mandalorian - 9.3 - Avatar: The Last Airbender - 9.3 - The Wire - 9.3 - Scam 1992: The Harshad Mehta Story - 9.3 - Our Planet - 9.3 - The Americans - 9.2 - Shôgun - 9.2 - Dexter - 9.2 - The Leftovers - 9.2 - Game of Thrones - 9.2 - The Sopranos - 9.2 - Better Call Saul - 9.2 - Barry - 9.2 - Fleabag - 9.2 - Mindhunter - 9.2 - Shingeki no Kyojin - 9.1 - Rick and Morty - 9.1 - Sherlock - 9.1 - The Twilight Zone - 9.1 - Hagane no renkinjutsushi - 9.1 - The Last Dance - 9.1 - Dark - 9.1 - Eung-dab-ha-ra 1988 - 9.1 - Leyla ile Mecnun - 9.1 - TVF Pitchers - 9.1 - Gullak - 9.1 - The Office (US) - 9 - One Piece: Wan pîsu - 9 - Firefly - 9 - Arcane: League of Legends - 9 - Batman: The Animated Series - 9 - Hunter x Hunter - 9 - Taskmaster - 9 - Clarkson’s Farm - 9 - Bleach: Sennen Kessen-hen - 9 - Only Fools and Horses… - 9 - Gibi - 9 - Sahsiyet - 9 - Kota Factory - 9 - The Beatles: Get Back - 9 - The Good Place - 8.9 - Black Mirror - 8.9 - Steins;Gate - 8.9 - The Good Doctor - 8.9 - Sherlock Holmes - 8.9 - Yeh Meri Family - 9 - The Marvelous Mrs. Maisel - 8.9 - The Crown - 8.9 - Ramayan - 9 - True Detective - 8.9 - Fargo - 8.9 - Friends - 8.9 - Seinfeld - 8.9 - The West Wing - 8.9 - Death Note: Desu nôto - 8.9 - Gravity Falls - 8.9 - Last Week Tonight with John Oliver - 8.9 - Kaubôi bibappu: Cowboy Bebop - 8.9 - Panchayat - 8.9 - Nathan for You - 8.9 - Dekalog - 8.9 - Senke nad Balkanom - 8.9 - Behzat Ç.: Bir Ankara Polisiyesi - 8.9 - Rocket Boys - 8.9 - Africa - 8.9 - Mahabharat - 8.9 - Sarabhai V/S Sarabhai - 8.9 - Curb Your Enthusiasm - 8.8 - Succession - 8.8 - Peaky Blinders - 8.8 - Ted Lasso - 8.8 - It’s Always Sunny in Philadelphia - 8.8 - Blue Eye Samurai - 8.8 - Twin Peaks - 8.8 - Narcos - 8.8 - BoJack Horseman - 8.8 - Vinland Saga - 8.8 - Dragon Ball Z - 8.8 - Pride and Prejudice - 8.8 - Freaks and Geeks - 8.8 - Hwan Hon - 8.8 - When They See Us - 8.8 - Steins;Gate - 8.8 - Over the Garden Wall - 8.8 - Fawlty Towers - 8.8 - Dragon Ball Z: Doragon boru zetto - 8.8 - I, Claudius - 8.8 - Das Boot - 8.8 - Mont’y Python’s Flynig Circus - 8.8 - Chappele’s Show - 8.8 - Blackadder Goes Forth - 8.8 - Yellowstone - 8.7 - House M.D. - 8,7 - The Boys - 8,7 Read the full article
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infinysolution · 1 month
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YOUR MONIES AND INVESTMENT CLAIMS MIGHT JUST GET SWOOPED AWAY. BEWARE OF SHARE FRAUDS
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From Harshad Mehta to Ketan Parekh and so many more in between, there have been a number of well-documented stock and share market scams over the years. Such frauds could utilize any or a combination of methods from below:
Shell companies: Such entities use the names of established brands such as Apple or Reliance. They lure investors with the intention of defrauding them.
Boiler rooms: This is a high-pressure selling technique used to peddle speculative shares. Brokers often use this technique to push penny stocks which results in losses higher than the client can bear.
Pump and dump: In a world rife with fake news, misleading information helps pump up the price of certain stocks. When the stock hits a target price, they are then dumped for huge profits. Those who are left holding the stock suffer untold losses.
Insider trading: This is the criminal practice of using secret information to trade on the stock exchange for one’s personal profit. Even though regulations exist to help prevent this, it still exists in the market.
Churning: Brokerage firms often give wrongful advice to create additional brokerage which boosts their own income.
Financial statement fraud: A number of publicly traded firms manipulate their financial statements to overstate revenues, understate expenses, overstate corporate assets, understate existing liabilities, and more.
An unidentifiable fraud
A type of financial fraud that often goes unnoticed and unpunished is when unclaimed shares are claimed by persons who are not the rightful claimants for that holding.
To know more about how this situation comes to be, read our blog on unclaimed shares here (BEWARE OF SHARE FRAUDS).
Unclaimed shares and unclaimed dividends can be recovered by the rightful claimant. However, the problem stems from the fact that the claimants are often not aware that they can claim such financial instruments.
Fraudsters take out data of folios that have become inactive. In most cases, these folios only have the investor’s name or at the most, their father’s name mentioned, with no unique identity of the investor, whatsoever. This makes it easy for anyone to defraud. A fake ID and in many cases, just running around the system, is enough to get the job done.
The issue remains hidden, since there are no claimants for the stolen shares and dividends in the vast majority of cases. By the time rightful claimants came forward to make their claim, the shares had been sold by the fraudsters in a number of cases.
As a matter of fact, in most of the cases, these shares are in physical form, with the share certificates (typically bonus shares) lying undelivered with the registrar. The reason for this is being the original shareholder would have died, or changed the address, so no one is available to receive the shares at the address mentioned in the Register of Members of the company. The postal department will return the shares/dividend cheques to the registrar.
From 2001-02 to 2015-16, the Investor Education and Protection Fund (IEPF) received Rs 1,274 crore in unclaimed shares and unclaimed dividends, according to government statistics.
Real-world implications of unclaimed shares fraud
Unless someone complains, the corporation may not even be aware that the shares have been unlawfully transferred. Often even the person defrauded does not realize that they have been defrauded.
The most recent such case is that of Britannia Industries where the value of unlawfully transferred shares is believed to be approximately Rs 18-20 crore. Similarly, unlawfully transferred shares worth Rs 2 crore were also identified in Asian Paints.
According to sources, such scams would not be feasible without the cooperation of personnel at the stock transfer agencies. Because the unclaimed shares are in physical form, the fraudsters will require the original holder’s specimen signatures before they can send them for dematerialization. That information is most likely derived from the share registrar’s records.
Let’s understand this more deeply with a real-world example.
A senior citizen (let’s call them CG) learned too late that her father, Nowroji Sorabji Sethna, had stock in a number of publicly traded firms. However, she discovered that the shares had been fraudulently transferred and sold by the time she sought the corporations for more information.
Sethna possessed over 10,000 Balmer Lawrie shares, which, together with a bonus issue, are worth over Rs 80 lakh at today’s market values. He also had stock in Delhi Cloth & General Mills (the parent business from which the DCM group was formed in the 1980s), CESC, and Walchandnagar Industries, among other enterprises. When CG emailed Balmer Lawrie for more information, she was told that Sethna’s name had vanished from the shareholder records.
CG was also made aware of a request for a change of postal address, the issuance of duplicate shares, and the dematerialization of shares. The only problem is that these requests were made in 2011 after Sethna had passed away in 1975. According to the information given by Balmer Lawrie, Sethna’s shares were ‘sold’ between May 2011 and February 2013. The original shareholder’s signature is required on the transfer deed accompanying the share certificate in the event of physical shares.
Balmer Lawrie made a bonus share issuance in the ratio of 3:4 in May 2013. Sethna was the recipient of 5,805 shares. Balmer Lawrie received a ‘request’ for dematerialization of the shares from Sethna in September 2013. Sethna sent the corporation another ‘request’ for duplicate share certificates for 6,340 shares six months later, and another ‘request’ for dematerialization of those shares two months later. And now there is no trace of any of those shares.
Balmer Lawrie argues that in processing the requests, it “relied on statements provided by the RTA and the corresponding depository participant, as well as papers given by the transferor/transferees.” It also wrote to CG, stating that Sethna’s address had changed unexpectedly. “The firm has been requesting the RTA for the aforementioned facts and copies of each of the documents in their possession, including the explanation for the change in the registered address of the shareholders,” Balmer Lawrie wrote to CG.
CG was unable to obtain the CESC shares to which she was entitled since they, too, had been unlawfully sold. Both CG’s brother and mother had stakes in Delhi Cloth and General Mills, and both died in the early 1980s. Since then, the corporation has been divided into three divisions. When CG requested information on the shareholding from one of the three group firms, they were told that the names of the two initial shareholders were no longer on the books. She was able to obtain her shares in Walchandnagar Industries only because a letter she sent to the firm asking for data on her father’s shareholdings arrived only a few days after the fraudsters had written to the company notifying them about the change in address.
STOP SITTING BACK !!
PREVENTION IS BETTER THAN CURE
Such a thing can happen to anyone. Imagine being scammed without even realizing you are being scammed. It is a scary proposition.
With the advent of demat accounts, this process has become even easier for those who intend to defraud. These agents employ illegal tactics to get shares that have not been claimed by the deceased’s legal heirs, convert them to demat form, sell them on the market, transfer the funds to bank accounts set up for the purpose, and withdraw cash. Typically, they take help of a series of transactions, and since the asset is fungible, no track record can be found.
Market regulator SEBI has launched a probe into the agents and companies who are involved in such nefarious activities.
However, as an investor, it is best to stay vigilant. Trustworthy professionals such as those at Infiny Solutions ensure that you always have all the correct information about your shareholdings and any holdings that may be due to you. Our team has access to a vast database and is thus able to identify the rightful claimants of unclaimed shares and unclaimed dividends. We help ensure that you get the money that belongs to you without any risk of being defrauded by unscrupulous agents.
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starfriday · 1 month
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*Pratik Gandhi's instant affair with ‘Do Aur Do Pyaar’; said YES to Do aur Do Pyaar in 48 hours*
Prepare to witness an absolutely new avatar of powerhouse actor Pratik Gandhi, the dynamic star who mesmerized audiences with his portrayal of Harshad Mehta in ‘Scam 1992.’ This time he takes a charming detour into the realm of fun and romance for the first time in his latest venture, Do Aur Do Pyaar. In this eagerly anticipated film, Pratik shares the screen for the first time with Vidya Balan, Ileana D'Cruz and Sendhil Ramamurthy, marking a significant milestone in his career trajectory.
In a charming twist of fate, Pratik Gandhi's commitment to the project was as swift as love at first sight, as he embraced the script within 48 hours of reading it. This delightful anecdote showcases the actor's instant connection with the film's narrative, promising an authentic and heartfelt portrayal on screen.
"I was delighted to be offered my first romantic script and that too opposite Vidya, Sendhil, and Ileana, all amazing actors. After 'Scam 1992,' I was inundated with dramas and biopics, and so I was looking to do something light, fun, and different. We are almost romantic at heart, contrary to our screen image. I fell in love with the film and its world on reading it, and said yes almost immediately," shares Pratik Gandhi.
Do Aur Do Pyaar, promises to enchant audiences with its contemporary take on love, set against the backdrop of modern-day life. Applause Entertainment presents an Ellipsis Entertainment production, the film is directed by award-winning ad filmmaker Shirsha Guha Thakurta, who makes her feature debut with the film. Do Aur Do Pyaar hits cinemas on April 19, 2024.
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djarshaddj · 2 months
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Hotstar Original Series Lootere Trailer Out: Hansal Mehta's Thriller Series all about a attack by Somalian pirates in an Indian vessel
Hotstar Original Series Lootere Trailer Out: Hansal Mehta, the acclaimed creator of series like ‘Scoop‘ and ‘Scam 1992: The Harshad Mehta Story,’ returns with another thrilling web series centered around pirate attacks on an Indian vessel in the Somalian waters. Set to premiere on Disney+ Hotstar on March 22, the series features Rajat Kapoor, Amruta Khanvilkar, and Vivek Gomber in pivotal…
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documentaryorigin · 2 months
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Unlocking the Mystery: Secrets Behind Loopholes Documentary Origin
🎥 I've just released our first YouTube documentary, "Unlocking the Mystery: Secrets Behind Loopholes." Watch it here: Harshad Mehta and Vijay Malia scam
Your feedback would mean a lot! 🌐🗣 Let's support their journey. 🚀👏
If legislative amendments, regulatory updates, collaboration, and other measures are not effective in addressing or closing a specific loophole, it may indicate a more complex or persistent issue. In such cases, further considerations and strategies may be explored:
Independent Audits and Reviews:
Conducting independent audits or reviews, possibly by a third-party organization, can provide an unbiased assessment of the situation. This may identify specific challenges and propose alternative solutions.
Comprehensive Legal Reform:
If the existing legal framework proves insufficient, policymakers may consider more comprehensive legal reform. This could involve a holistic review and restructuring of laws to ensure they are clear, effective, and aligned with current needs.
Public Advocacy and Awareness Campaigns:
Engaging the public through advocacy and awareness campaigns can build public support for regulatory changes. A well-informed public can influence policymakers and create pressure for addressing identified issues.
Whistleblower Protections:
Enhancing protections for whistleblowers who expose misconduct or exploitation of loopholes can encourage individuals within organizations to come forward with information that could lead to effective enforcement.
International Cooperation and Agreements:
If the loophole involves cross-border issues, fostering international cooperation and agreements may be necessary. Collaborative efforts between countries can harmonize regulations and minimize the potential for regulatory arbitrage.
Continuous Monitoring and Adaptation:
Implementing systems for continuous monitoring and adaptation to emerging challenges is crucial. Regulatory bodies should remain vigilant and be prepared to make adjustments as needed to address evolving issues.
Consultation with Legal Experts:
Seeking advice from legal experts, scholars, and practitioners can provide insights into the legal intricacies and potential solutions. Legal expertise can help craft effective and robust regulatory responses.
Strengthening Enforcement Powers:
Empowering regulatory bodies with enhanced enforcement powers, including the ability to investigate, penalize, and prosecute, can act as a deterrent and ensure swift action against those exploiting loopholes.
Collaboration with Industry Associations:
Engaging with industry associations can facilitate cooperative efforts to address challenges within specific sectors. Industry expertise can contribute to the development of practical and effective solutions.
Political Will and Leadership:
Political will and leadership are critical in driving regulatory reforms. Leaders who prioritize and champion the need for closing loopholes can help overcome resistance and facilitate the necessary changes.
It's important to recognize that closing loopholes can be a complex and iterative process, requiring a combination of legal, regulatory, and social interventions. Persistence and adaptability are key when addressing challenges within legal frameworks.
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sharemarketmalayalam · 3 months
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Stock Market Crashes in India
The Harshad Mehta Scam (1992) In 1992, the Harshad Mehta securities scam led to a 30% crash in the BSE Sensex. Mehta manipulated share prices using tactics like circular trading and fake bank receipts to defraud banks and inflate stock valuations before the scam unraveled.
The Global Financial Crisis Crash (2008) In 2008, the global financial crisis triggered panic selling leading the Sensex to plunge over 50% within a year. Stock markets worldwide crashed due to subprime mortgage defaults in the US spreading to other economies.
The COVID-19 Pandemic Crash (2020) In 2020, the onset of COVID-19 led to large-scale investor panic selling again crashing the markets by nearly 39%. Lockdowns and mobility restrictions severely disrupted economic activity.
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Key Impacts While exact details differed, these crashes led to wealth erosion, slower growth, job losses, tighter credit conditions, and wider economic pain.
Mitigating Future Crashes India has since strengthened regulation and risk management including oversight by SEBI, settlement reforms, circuit breakers and surveillance systems. Learning from past crashes and following prudent market practices can help Indian markets fortify themselves against excessive volatility during times of crisis.
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cinearticles · 3 months
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Gandhi in works: Hansal Mehta to direct a web series on Mahatma Gandhi’s life
Filmmaker Hansal Mehta, who is known for his acclaimed web series Scoop and Scam 1992: The Harshad Mehta Story, is all set to helm a new project based on the life of Mahatma Gandhi. The web series, titled Gandhi, will be adapted from historian Ramachandra Guha’s two books: Gandhi before India and Gandhi-The Years that Changed the World123. The series will star Pratik Gandhi as Mahatma Gandhi,…
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kamana-mishra · 5 months
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Manu Manek: Why is he called the Black Cobra?
Whenever anyone talks about stock market scams, "Harshad Mehta" is usually the first name that comes to mind. Harshad Mehta was known as the "Big Bull" of the stock market because he used to hike the prices of the shares by manipulating the share market.
Recently the life story of Harshad Mehta got picturized through a web series named 'Scam 1992' on an OTT (Over The Top) platform SONY LIV, which gained nationwide popularity and brought the infamous scam to the public eyes once again.
Before Harshad Mehta, in the late 1980s, 'Manu Manek' was a bigger personality in the stock market, which used to manipulate the market by his bearish moves.
Manu Manek indulged in the short-selling of shares to earn profits. He was so powerful that in the late 1980s, the BSE (Bombay Stock Exchange) was shut down for a few days.
After 'Scam 1992', a lot of viewers were also intrigued to know about the Cobra, Manu Manek and how he dictated the market and formed the bear cartel group? Or what does 'bull-bear' and short-sellings mean?
So, let's take you on his journey by collectively looking at all of these things. 
Who was Manu Manek?
A leading operator in the late 1970-80s, Manu Manek dictated the market until Harshad Mehta came to the forefront.
Manu Manek, in the words of Kisan Ratilal Choksey, the founder of K R Choksey Shares and Securities, was a legendary personality and powerful operator who dictated the market. Without his nod, it was impossible to become a director of a company. Apparently, on the day of the election, he would send the names or list of directors to companies - and only those people ever got elected".
This statement definitely gives an idea of how powerful Manu Manek was!
The Beginning
Manu Manek was born between 1948 and 1952 (estimated) in Kolkata, India. After finishing his graduation, he worked as a stockbroker in the stock market. After spending years as a stockbroker, he gained knowledge of the stock market and started investing money by analyzing the market and earning huge profits. 
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noragaur · 6 months
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India's Biggest Financial Scams: Shocking Stories You Must Know
Uncover the shocking truth about the biggest financial scams in India, including the infamous Harshad Mehta and Nirav Modi scams. Get all the details here.
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