Discover and read the best of Twitter Threads about #Scam1992

Most recents (12)

Let me tell you a kutty story, pay attention listen to me! (Maybe this is why Vijay sang this song, so we could use it in tweets to tell a story🤷‍♂️)
Namba kadaioda arambam is in the year 1992. There's a big scam in markets and the Indian capital market is quite literally shaken and so is the reputation of the BSE which is where the scam happened.

@suchetadalal @Moneylifers #scam1992
The repercussions of this scam was felt across and the government decides to act by setting up SEBI and giving them statutory powers.
Read 13 tweets
இந்த த்ரெட்ல நாம தமிழ்ல வெளிவந்த சிறந்த இந்திய வெப் சீரிஸ் மற்றும் வெளிநாட்டு வெப் சீரிஸ் பத்தி தான் பாக்க போறோம். இதுல ஆல்ரெடி நீங்க பாத்ததும் இருக்கலாம், அது பாக்காதவங்களுக்கு உதவும் அதுனால அதையும் சேர்த்துருக்கேன். பொதுவாக இணைய தொடர்களுக்கு சென்சார் கிடையாது என்பதால்
தகாத வார்த்தைகள் பேசுவது, ஆபாச காட்சிகள் வைப்பது போன்றவைகள் இடம்பெறும், ஆதலால் இந்த மாதிரியான இணைய தொடர்களை தனியாக பார்ப்பது உங்களுக்கு நல்லது. கீழே வரும் தொடர்களை பழையது முதல் புதியது வரை வருட வாரியாக வரிசைப்படுத்தியிருக்கிறேன்.
Zee5 இல் இடம்பெறும் தொடர்களின் காட்சியமைப்பு Netflix, Prime Video, hotstar, Sonyliv களில் வருவது போல இருக்காது. சாதாரண டிவி தொடர் காண்பது போல தான் இருக்கும், ஆனால் கதைகள் நன்றாக இருக்கும்.
Read 62 tweets
🧵While I have no time for a movie like #BigBull, I still thought now is the time to talk about Mittals from Ludhiana and their Harshad Mehta's connection.
Satpal Mittal was a little different from his traditional baniya community, as he was more inclined towards politics than business. One day while giving his political speech in a college (as a young student politician), he impressed a Girl in the audience- Lalita.
They decided to get married, but there was a problem. While both were Punjabis, she was Kshatriya, and so Satpal's father didn't like this match. Like a lot of Hindi movies, he gave his son a choice-Marry this girl OR choose him. As Satpal took the path of his marriage..
Read 12 tweets
Fifth title in eight years for Rohit after becoming captain!

So story of #IPL2020 #MIvsDC Final in #Scam1992 Memes.

Rohit Sharma at the toss: Image
Trent Boult to Delhi Top order:

#MIvDC #IPL2020 #IPLfinal Image
Rohit gets in Jayant and he gets rid of Dhawan who has scored a lot of runs against Mumbai before.

#MIvDC #IPL2020 #IPLfinal Image
Read 12 tweets
With huge thanks to #UshaLaxman & #SrinivasLaxman, sharing a threat on #Scam1992 through #RKLaxman 's eyes. Hopefully few will be educated on how everybody was covered. But be patient.. will update only one a day
@Moneylifers

@yogtoday Image
This is when #chidambaram resigned over #Fairgrowth and there was a media frenzy. Eventually only #shankaranand really bowed out of politics. Every other neta escaped as always! Image
Nothing captures the madness better than this #scam1992 the Special Court continues to hear scam cases 28 yrs later and the Custodian has become a permanent body!! National Embarrassment -- continues in DHFL, PMC, IL&FS ... eventual action meaningless! @Moneylifers Image
Read 10 tweets
𝗗𝗢𝗡𝗔𝗟𝗗 𝗧𝗥𝗨𝗠𝗣👦

𝗩𝗦

𝗝𝗢𝗘 𝗕𝗜𝗗𝗘𝗡👨

𝗜𝗦𝗦𝗨𝗘𝗦 𝗧𝗛𝗔𝗧 𝗪𝗜𝗟𝗟 𝗖𝗢𝗡𝗖𝗘𝗥𝗡 𝗜𝗡𝗗𝗜𝗔🇮🇳 𝗔𝗡𝗗 𝗜𝗡𝗗𝗜𝗔𝗡 𝗔𝗠𝗘𝗥𝗜𝗖𝗔𝗡𝗦🇺🇸🇮🇳

Who's up for the learning?👇👇

@dmuthuk @shl
@SahilBloom @FinKrypt @FinMedium @Sanjay__Bakshi @DividendGrowth @vedantm_ Image
ON FOREIGN POLICY --

TRUMP 👦

Considers China a "foe" and "adversary". Trump's attitude towards the Chinese government may help India if things turn sour between New Delhi and Beijing

#USAElections2020 #USElection #TrumpIsALaughingStock #TrumpCollapse @GabbbarSingh Image
BIDEN 👨

Considers China to only be a fierce competitor. and strives to bring down unnecessary tension between the governments

#Biden #Biden2020 #BidenHarrisToSaveAmerica #Michigan
Read 18 tweets
Weekly Financial Recap (Part 1)

~@PaytmBank launches Credit Card 💳
~🔬 @intel sells Nand to SK Hynix
~@PayPal launches Trading in @Bitcoin 💹
~Jio launches web browser (@JioBrowser)🌐
~Adidas to sell @Reebok 👟

@dmuthuk @FinKrypt @FI_InvestIndia #StockMarket #scamdemic2020
~Jio & Qualcomm start trials for 5G.📱
~@altbalaji acquires 17.5% stake in Tring📺
~GoodGamer Raises $2.5 million 💰
~Micromax Launches new mobiles📱
~Signzy raises $ 5.4 million 💰

@VidyaG88 @trdessai @FinMedium @ipo_mantra @latha_venkatesh #Scam1992 #market #Investment #jio
Read 10 tweets
How to with a BREAKUP, Google?...

A Thread 🧵🧵on Allegations on Google by US Govt.

@Abhishekkar_ @FI_InvestIndia
@Sanjay__Bakshi @dmuthuk @ipo_mantra @RichifyMeClub @Rishikesh_ADX @FinKrypt @Vivek_Investor @join2manish #scamdemic2020 Image
The Department of Justice (DOJ) in the US has filed a lawsuit against Google, which could potentially break-up the company.

#Google #Commission #StockMarket #USA #DOJ #Scam1992 Image
But, why the case?

The Government alleges that Google is using unlawful tactics to maintain its dominant position in the search and online advertising market.

#DigitalMarketing #MarketingDigital #marketingtips #Scam1992TheHarshadMehtaStory Image
Read 11 tweets
🧵
The God Of Greed. From Oracle to Scam of the Dalal Street.
Some stories of #Scam1992 Image
In the 1970s-80s BSE was still the club of few Gujaratis (esp Jains) & Parsee and Calcutta SE was the exclusive club of Marwaris. ‘Research’ in those time was just inside trading. One with the biggest money bag would win these speculation battles.
Manu Manek, was the Moneybag. He will lend money to play their games, however, if he gets to know that the person is not bagged by enough cash, we will play the other side of the play <which was usually playing a bearish game> Image
Read 25 tweets
#Scam1992

Why did Chanra-swami suddenly stopped helping Harshad?
Also cornered him by freezing his accounts, assets, both brothers in jail, 72 CBI cases and 2000 Cr notice against his wife?

A thread into history 1991

Rajiv Gandhi assassinated suddenly in election campeign
Narsimha Rao was brought back from retirement to head a trusted minority Govt of Congress

Other trusted guys are MMS (Finance minister) and Chidambaram (Commerce minister)

Rao's right hand man was Chandra-swami (or other way around)

On becoming PM, Rao stopped visiting Sonia
and wanted to break free of Gandhi family. But it was weak minority Govt so he had to take everyone along

Here in mumbai, Harshad was doubling money every month and all businessmen and politicians were after him to double their money

Politicians also included Rao and many
Read 12 tweets
A lot of us watched #Scam1992 recently - So I thought, Let me take you down the history of BSE!

History, Images, Myths, Legendary stories, and a lot of nostalgia :')

Buckle up! :)

@BSEIndia @ashishchauhan @VijayKedia1 @Nithin0dha @palakzat @FinMedium @SumitResearch
Origins of the Bombay Stock Exchange

An Image showing Broker Pins

The Iconic BSE Building started out in this way in 1899!

Truly said - All great things have a small beginning :)

Read 17 tweets
Thread on #Scam1992 web series on #HarshadMehta (HM) based on book by Sucheta Dalal.
23 April 1992

HM had repaid 500 crs to SBI. The article ruined it.
It was a crime to use bank funds for buying stocks definately and money was taken frm NHB to pay SBI.

Want 2ask this openly:
1) Isn't the same thing happening today formally?
2) Public money through MF / LIC / PF / ETF is going into hyper inflated overvalued equity markets ?

2) offcourse it is now official and as per rules. Mutual funds sahi hai #₹$€
3)Did somebody evaluate the amount of loss to the system ?

4) did someone think of covering it and closing the stock holdings before Market crashed?

5) Who wld investigate the illegal invoked beneficiaries.. Citibank, RJ, RKD, Kedia etc. etc.
Read 8 tweets

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