Business Headlines: Why Harshad Mehta is in the news 17 years after his death

0
22

The original Big Bull of the stock market Harshad Mehta who perpetrated the biggest stock market scam worth 4000 crore ₹ is in the news again. In good news for his family, the ITAT reversed an order of the Income Tax Department and scrapped additions to income worth little over 2000 crore ₹ and have made relevant observations. The RBI under its new and accommodating governor Shaktikanta Das, after cutting benchmark interest rates to 6.25%, has transferred 28,000 crore ₹ as interim dividend to the government which will help meet its revised fiscal deficit target of 3.4% of GDP. The SFIO has alleged that it discovered a trail of 2000 crore ₹ worth of funds diverted from Fortis and Religare – firms controlled by billionaire brothers Malvinder and Shivinder Singh to companies controlled by their spiritual guru Gurinder Singh Dhillon and former associate Sanjay Godhwani.

#HWNewsEnglish #PoliticalNews #News

SUBSCRIBE to HW News English Here ►

For NEWS and POLITICAL updates in English. Send us a ‘Hi’ on our Whatsapp Number – 9820918578

Connect With Us On:
→ Facebook:
→ Twitter:
→ Instagram:

For More Videos Visit Here:

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here