Sucheta Dalal
Dalal receiving Padma Shri from the President A. P. J. Abdul Kalam in 2006
Born1962 (age 61–62)
Alma mater
OccupationBusiness journalism
Known for1992 Indian stock market scam
Notable work1992 securities scam
SpouseDebashis Basu
AwardsPadma Shri in 2006

Sucheta Dalal (born 1962) is an Indian business journalist and author.[1] She has been a journalist for over two decades and was awarded a Padma Shri for journalism in 2006.[2] She was the Financial Editor for the Times of India until 1998 when she joined the Indian Express group as a Consulting Editor, leaving in 2008. She is known for exposing the 1992 stock market scam propagated by Harshad Mehta.

In 2006, she began to write for Moneylife, a fortnightly magazine on investment started by her husband Debashis Basu. She is now the Managing Editor of Moneylife. In 2010, responding to poor financial literacy in India, she and her husband founded Moneylife Foundation, a not-for-profit organisation based in Mumbai. She is a member of the Investor Education & Protection Fund of the Ministry of Corporate Affairs. In 1992, she was honoured with the Chameli Devi Jain Award for Outstanding Women Mediapersons.[3]

Education and career

Born in a Jat family, Sucheta did her schooling at St. Joseph’s Convent School, Belagavi.[4] She then studied B.Sc Statistics at Karnataka College, Dharwad. She is a trained lawyer having gained LL.B and LL.M from Bombay University.[5]

Subsequently, in 1984, Sucheta began her career in journalism by landing a job with Fortune India, an investment magazine. Later, she went on to work in news companies like Business Standard and The Economic Times. [6] In the early 1990s, Dalal joined the prominent Mumbai based newspaper Times of India as a journalist for their Business and economics wing. There she investigated a number of cases that would eventually lead to her prominence in the fields of journalism and activism. These included the Harshad Mehta scam of 1992, the Enron scam, the Industrial Development Bank of India scam, the Ketan Parekh scam in 2001. She worked closely with journalists and analysts such as Debashis Basu, Girish Sant, Shantanu Dixit and Pradyumna Kaul. She later became the Financial editor of Times of India.[7]

Awards and recognition

Sucheta has been conferred the Padma Shri Award, the Chameli Devi Award instituted by the Media Foundation, and Femina’s Woman of Substance Award for her zealous work in journalism. [8]

Scam 1992, a docudrama series directed by Hansal Mehta was based on her and Debashis Basu's book The Scam. It was released in October 2020 and Dalal's character was played by Shreya Dhanwanthary.

Select publications


In popular culture


  1. ^ "Sucheta Dalal, Padma Shri". Express India. 27 January 2006. Archived from the original on 22 March 2016. Retrieved 21 May 2015.((cite news)): CS1 maint: unfit URL (link)
  2. ^ "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2015. Retrieved 21 July 2015.
  3. ^ "Sucheta Dalal: Executive Profile & Biography". Bloomberg. Retrieved 9 March 2019.
  4. ^ "St. Joseph's Convent School to celebrate 125 years on Friday". The Hindu. 21 January 2016.
  5. ^ "Sucheta Dalal". Retrieved 7 November 2016.
  6. ^ Mehrotra, Kriti (11 November 2020). "Sucheta Dalal Now: Where Is Journalist Who Broke Harshad Mehta Story Today?". The Cinemaholic. Retrieved 23 November 2020.
  7. ^ "Girish Sant memorial lecture 2015". Prayas (Energy Group). 28 January 2015. Retrieved 7 November 2016.
  8. ^ Mehrotra, Kriti (11 November 2020). "Sucheta Dalal Now: Where Is Journalist Who Broke Harshad Mehta Story Today?". The Cinemaholic. Retrieved 23 November 2020.
  9. ^ Roy, Priyanka (10 April 2021). "The Big Bull romanticises a criminal in a half-baked story". Telegraph India. Retrieved 14 April 2021.