Table of Contents
Who is Debashis Basu?
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The Early Life of Debashis Basu
He was born on 1 August 1960 in Kolkata.
He is 63 years old as of 2024.
No information is available about how his childhood was.
Education Background of Debashis Basu
He went to Dumdum Airport High School for his primary education, and after that, he went to Goenka College of Commerce and Business Administration to pursue a bachelor of commerce.
He then became a Chartered accountant in the year 1982.
Family of Debashis Basu
After becoming a chartered accountant He married Sucheta Dalal.
Together the duo started a magazine called Moneylife.
No information is available about the parents of Debashis Basu.
Debashis Basu’s Career
Initially, He started his career as a chartered accountant and now is the co-founder of Moneylife he also worked with many business newspaper companies and also assisted his wife in exposing the scam of 1992.
Here is the career journey of Debashis Basu.
Debashis Basu’s Career As a Journalist
After completing his Charter accountancy in the year 1982 he worked with many renowned business newspapers between 1984 and 1992 like Financial Express, Business World, Business India, and Business Today.
He was then appointed as a columnist for the Economic Times.
As of 2024, he is a writer for the magazine Moneylife which is published on alternate Mondays.
Debashis Basu’s Career As An Eminent Writer
Apart from having an eminent career in journalism He also is an amazing writer.
The couple penned a book ‘The scam of 1992: Who Won, Who Lost, Who Got Away after the scam of 1992 came into the limelight.
The book instantly became a best seller and was reprinted in the year 2001 the scam of 2001 by Ketan Parekh was added to it, and the book was retitled ‘From Harshad Mehta to Ketan Parekh’.
Debashis Basu is Also The Author of Several other Renowned Books Namely:
- Face value: creation and destruction of shareholder value in India.
- Growth alchemy: Why smaller firms fail to find finance.
- Pathbreakers 1&2
- The plain truth series on stocks, mutual funds, and investment.
Debashis Basu’s Magazine Moneylife
In the year 2006, He launched a finance magazine named Moneylife.
He acts as an editor and publisher of the magazine.
The sole purpose of this magazine is to provide an unfiltered and unbiased analysis of the stock market and to educate about financial planning and management.
In the year 2020, the magazine was delivered online on a weekly basis.
The magazine covers a whole range of information about investing and money management.
The in-depth researched articles on gold, mutual funds, insurance, smart borrowing, etc were covered in that magazine.
He also set up the Moneylife Foundation in the year 2010, it is a non-profit foundation that spreads financial awareness among Indians.
It has conducted 385 seminars and many conferences in order to educate the youth about the benefits of investment in the stock market and also provide information about other financial institutions.
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Allocates Won By Debashis Basu
He was honored with the Shriram Sanlam Award of Excellence in Financial Journalism for his columns on business standards.
In July 2015, an inside source informed Moneylife about NSE and said that some brokers are given access to high-frequency trading facilities which gives them a split-second advantage over normal traders.
NSE filed a defamation complaint against Moneylife of Rs. 100 crores.
However, in the year 2017, the NSE withdrew the case and the high court of Bombay ordered the NSE to pay a sum of Rs. 1.5 lakh to both Debashis Basu and Sucheta Dalal and also ordered top donate rs. 47 lakhs to a charitable trust.
Debashis Basu’s Net Worth
The monthly income of Debashis is expected to be 4 lakhs to 10 lakhs and his net worth is around $1 million.
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FAQ (Frequently Asked Questions)
I believe after going through this article you get a deep understanding of the topic.
Now here are some commonly asked questions
Q1. What is Debashis Basu Known For?
A1: Debashis Basu is known for his significant contributions to the financial landscape in India, particularly for his role in exposing the 1992 securities scam alongside his wife, Sucheta Dalal.
Q2. Who is Sucheta Dala’s husband?
A2: Debashis Basu is the husband of Sucheta Dalal.
Q3. Who is the owner of Moneylife?
A3: Debashis Basu is the owner of Moneylife.
Q4. When Was Moneylife Magazine Launched?
A4: Moneylife magazine was launched by Debashis Basu in the year 2006.
Q5. What Does Debashis Basu Do?
A5: Debashis Basu is an Indian business journalist, author, and chartered accountant.
Q6. Has Debashis Basu Received Any Awards For His Journalism?
A6: Yes, Debashis Basu was honored with the Shriram Sanlam Award of Excellence in Financial Journalism for his columns on business standards.
Q7. What is The Monthly Income and Net Worth of Debashis Basu?
A7: Debashis Basu’s monthly income is estimated to be between 4 lakhs to 10 lakhs, and his net worth is around $1 million.
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