Sucheta dalal

This article may require update and copyedit. Please help ( March 2020) ( ( NSEL case relates to a payment default at the Three spot exchanges, Investigations led by Enforcement Directorate (ED) and Economic Offences Wing (EOW) revealed the role of brokers and defaulters in the NSEL case. The brokers mis-sold NSEL products to their clients by assuring them fixed returns. The defaulters hypothecated stocks and produced fake warehouse receipts and siphoned the entire default money. Initially, it was projected that there were 13,000 trading clients affected by the NSEL crisis. The genuineness and entitlement of these 13,000 trading clients is questionable. The brokers have not shown the Know Your Customer (KYC) details of any of the clients. The Mumbai High Court suggested that brokers should furnish this data to NSEL in order to protect interest of genuine claimants. Considering this aspect, SFIO which is also investigating the case, has recently asked brokers and trading clients to provide various information in a specific format which also includes KYC related information. On July 30, 2019, The Bombay High Court summoned History [ ] Pursuant to the then Prime Minister's vision to create a single market across the country for both manufactured and agricultural produce, NSEL (National Spot Exchange Limited) was conceptualized in the year 2004. According to the Economic Surveys of the government done in 2003–2006, 3 consecutive years of survey also recommended setting up a na...

31 years ago, April was a big month in the life of the Bombay Stock Exchange. Sucheta Dalal, then with the Times of India, broke the story of the In an interview with The Quint, she recalls that month in 1992 when her story exposed Harshad Mehta's massive stock manipulation scheme, leading to his arrest and conviction. Q: What do you remember about April 1992? That day, 23 April, was such a big deal. It was like any other day until the source walked in, and there seemed to be the possibility of getting something concrete about what Harshad Mehta was doing. In fact, 23 April happens to be my mom's birthday. So it was a little relaxed, I was calling them up and everything. By the next day, it was a big story. Forget about 500 crores, which is what we thought we were chasing. Even five crores mattered at that time. We realized that it was a huge allegation to make. But government securities or gilt-edge transactions were of that size. If you look at what happens on the national stock exchange, then every transaction that happens in a few microseconds or milliseconds is about millions of dollars, that is, crores of rupees. Q: Why did people not catch on to this earlier? As I've said in my book, nobody had any idea of this market. It was completely shadowing people who traded in government securities. It was more like a physical thing, or a phone transaction, based on nothing to do with equity markets. Q: Do you think there was any element of luck involved in your investigation...

Bio Real Name Sucheta Dalal Profession Journalist, Author Physical Stats & More Eye Colour Light Brown Hair Colour Dark Brown Personal Life Birth Year 1962 Age (as in 2017) 55 Years Birth Place Mumbai (then Bombay), India Nationality Indian Hometown Mumbai, India School Not Known College/University Karnataka College, Dharwad Bombay University Educational Qualification(s) B.Sc Statistics from Karnataka College LLB and LLM from Bombay University Family Not Known Religion Hinduism Boys, Affairs and More Marital Status Married Affairs/Boyfriends Not Known Husband/Spouse Debashis Basu Children Not Known Money Factor Net Worth (approx.) ₹10 Lakhs Some Lesser Known Facts About Sucheta Dalal • Does Sucheta Dalal smoke?: Not Known • Does Sucheta Dalal drink alcohol?: Not Known • Sucheta has done B.Sc in Statistics from Karnataka College and then a graduate and a post-graduate degree in law (LLB and LLM) from Bombay University. • She began her career in 1984 with an investment magazine- Fortune India. • In the early 1990s, she started working as a journalist for business and economics wing in Times of India in its Mumbai circulation. • Working as a journalist opened a great door of opportunities for her, and she became the Financial editor at Times of India. • She has also worked with many famous business magazines- Business Standard and The Economic Times. • Sucheta prefers keeping her personal life secret and hence has never opened it up in front of media except that she is marrie...