Know who Is Sucheta Dalal: When Scam 1992 was released, the hit series cast a light on Harshad Mehta and his history. Everyone in the country wanted to know what he did, and how he almost got away with it.

For the viewers who sympathized with Harshad, he was an icon. He was also the first big bull of the Indian stock market. But for the law-abiding viewers, the journalist behind the scam was their favourite character. 

In this blog, we’re going to take a look at the life of the journalist/author who unearthed the 1992 stock market scam.

We’re talking about Sucheta Dalal  – the Padma Shri-awarded journalist who co-wrote The Scam: Who Won, Who Lost, Who Got Away. So Who Is Sucheta Dalal?

Early Life And Education

Born in 1962 into a Jat Family, Sucheta Dalal is an alum of St. Joseph’s Convent School, Belagavi, Karnataka. She completed her bachelor’s in statistics from Karnataka College, Dharwad, Karnataka.

After completing her B.Sc degree, she went on to pursue law at Bombay University. 

Career

After completing her education, Sucheta Dalal landed her first job in journalism. In 1984 She worked for Fortune India, an investment magazine.

Gradually over the years, she went on to work for other renowned magazines and newspapers such as The Economic Times and Business Standard. 

After working for multiple media houses, Sucheta Dalal moved to the Times Of India as a journalist. There she would be a part of the business and economics wing, where she would unearth one of the biggest stock market scams in India’s history.

Scam 1992

For those who have not watched the hit series or heard of Harshad Mehta, Scam 1992 is the story behind the unravelling of one of India’s biggest stock market scams.

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The series follows the life of Harshad Mehta, a stockbroker who rose through the ranks at Dalal Street. While the show focused mainly on Harshad Mehta, the book authored by Sucheta Dalal and spouse Debashis Basu tells a larger story.

It uncovers the flaws in the stock market system that was present in the eighties and nineties. Besides that, they also wrote about the Ketan Parekh Scam as well.

Her investigation while working with The Times Of India led to the events that exposed Harshad Mehta, among others. 

Besides this, she has also worked in the investigation of the Enron scam, IDBI scam, and the Ketan Parekh scam in 2001. Her work in Indian finance and economy earned her multiple awards and accolades.

Awards

  • Padma Shri Award – Received from then President A.P.J. Abdul Kalam
  • Chameli Devi Award
  • Femina’s Woman Of Substance Award

Also Read: All About Harshad Mehta’s Brother – Where is Ashwin Mehta Now?

In Closing

That’s all for this blog on “Who Is Sucheta Dalal?”. We hope you learned about the author and journalist behind the infamous Scam 1992 series.

You can learn more about the events of the nineties securities scam. Sucheta Dalal has co-authored a book on the complete events with her spouse Debashis Basu.

The book, titled The Scam: Who Won, Who Lost, Who Got Away, tells the full story, not just that of Harshad Mehta. Thank you for reading and Happy Investing!

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