India: A billion shareholders now – FT Alphaville (registration)

FT Alphaville (registration)India: A billion shareholders nowFT Alphaville (registration)… Losing their savings altogether (Exhibit 11).The Harshad Mehta scam in 1992 is estimated to have been worth Rs52 billion or 1.5% of the then market cap (about US$25 billion in current terms) and cost the market almost 50% in prices.The most recent …