THE HARSHAD MEHTA SCAM INTRODUCTION: Harshad Shantilal Mehta was born in a Gujarati Jain family of modest means. His early childhood was spent in Mumbai (Kandivali) where his father was a small-time businessman. After completing his secondary education Harshad left for Bombay. While doing odd jobs he joined Lala Lajpat Rai College for a Bachelor’s degree in Commerce. After completing his graduation‚ Harshad Mehta started his working life as an employee of the New India Assurance Company. During
Premium Stock market Stock exchange Stock
Early 1990s. Harshad Mehta scam. The top photo is of Harshad Mehta in 1991 with his Lexus and the photo under it is that of the same person but being escorted by police in 1992 for fraud. Mr Mehta‚ nicknamed Big Bull‚ was a flamboyant stock broker of Mumbai who rose to instant fame in 1991 due to his aggressive strategies of stock market. He bought a Lexus‚ a sprawling house with swimming pool and a golf course!! But not many knew about his fraudulent methods. He exploited every possible
Premium Bank Stock market Stock
Case 3: Harshad Mehta scam: Harshad Mehta was an Indian stockbroker and is alleged to have engineered the rise in the BSE stock exchange in the year 1992. Exploiting several loopholes in the banking system‚ Harshad and his associates siphoned off funds from inter-bank transactions and bought shares heavily at a premium across many segments‚ triggering a rise in the Sensex. When the scheme was exposed‚ the banks started demanding the money back‚ causing the collapse. He was later charged
Premium Stock market Bond Bank
Laura Esquirel’s‚ Like Water for Chocolate‚ is a modern day Romeo and Juliet filled with mouthwatering recipes. It has become a valued part of American literature. The novel became so popular that it was developed into a film‚ becoming a success in both America and Mexico. Alfonso Arau directs the film. After reading the novel and seeing the movie‚ I discovered several distinct differences between the two as well as some riveting similarities. The novel begins with the main character‚ Tita
Premium
Introduction to Genetic Algorithms S.N.Sivanandam · S.N.Deepa Introduction to Genetic Algorithms With 193 Figures and 13 Tables Authors S.N.Sivanandam Professor and Head Dept. of Computer Science and Engineering PSG College of Technology Coimbatore - 641 004 TN‚ India S.N.Deepa Ph.D Scholar Dept. of Computer Science and Engineering PSG College of Technology Coimbatore - 641 004 TN‚ India Library of Congress Control Number: 2007930221 ISBN 978-3-540-73189-4 Springer Berlin Heidelberg
Premium Genetic algorithm Evolutionary algorithm Evolution
Deepa Mehta’s Water focuses on widows in India in the year 1938‚ which was a time when men dominated society and did not accept women’s rights. Women were not allowed to make their own decisions. Many were married off at a young age to older men through arranged marriages. In Hindu Culture at that time‚ if women were widowed at a young age‚ the women were expected to throw their bodies on their husband’s funeral pyre and burn to death. This custom is known as sati. However‚ sati did not happen all
Premium Feminism Gender
Applied Sociological Commentary of a Movie “Water” SOCI 150: Introduction to Sociology The movie “Water” by Deepa Mehta is based on cultural beliefs and religious practices in India in the late 1930’s. Chuyia eight years old girl is forced to enter a house for widows after learning that unknown to her husband has passed away. At the beginning of the movie she thinks that her mother will come to take her back home‚ but at the end Chuyia adapts pretty well to her new life style as a widow. In the
Free Marriage Sociology Culture
Abstract: This thesis examines Deepa Mehta’s trilogy—Water‚ Earth‚ Fire—and the trilogy’s exploration and contestation of colonial‚ anti-colonial nationalist‚ and religious ideologies as intersecting with patriarchal norms to enact symbolic and actual violence on the bodies of women. I argue that Mehta’s trilogy foregrounds the ways in which patriarchal nationalism legitimizes violence against women’s bodies and sexualities through different social and cultural practices and discourses which are
Premium Nationalism
Harshad Mehta & Ketan Parekh Stock Market Scam These are two stock-market scams‚ like identical twins separated by 9 years. In 1992‚ it was Harshad Mehta‚ and in 2001‚ Ketan Parekh. Mr. Harshad Mehta started his career as an employee of New India Assurance Company but later quit the job to play the stock market. By 1991‚ Mr. Mehta had become the most recognizable and revered icon of the stock market. Considered a financial genius by many‚ he was nicknamed the Big Bull who single-handedly decided
Premium Stock market Bank Stock
Capital market with the investors by manipulating the facts in order to attain enormous profits.? INTRODUCTION TO THE ³BIG BULL OF THE TRADING FLOOR´. : INTRODUCTION TO THE ³BIG BULL OF THE TRADING FLOOR´. PICTURE OF HARSHAD MEHTA OVERVIEW WHO IS THIS MAN? HARSHAD MEHTA- story Started 1 his career with New India Assurance Co. 2 Quit his job in 1981 to become a sub-broker. 3 Went bankrupt in 1982 & recovered soon to become more stronger. 4 Went on to become one the most successful broker ± The
Premium Stock market