Home » Debashis Basu Biography (Sucheta Dalal Husband) Portfolio, Net Worth

Debashis Basu Biography (Sucheta Dalal Husband) Portfolio, Net Worth

Meet Debashis Basu, a key figure in India’s financial landscape, renowned for his significant contributions.

Amidst the tumult of the 1992 securities scam, where Sucheta Dalal emerged as a prominent investigative journalist, Debashis Basu played a crucial role by her side.

Together, they unraveled the complexities of the financial scandal.

In this blog, we’ll delve into the life and contributions of Debashis Basu, shedding light on his vital partnership with Sucheta Dalal during a critical period in India’s financial history.

Join us in exploring the lesser-known facets of his role in uncovering one of the most significant financial scandals in the country.

Who is Debashis Basu?

Sucheta Dalal's Husband
Sucheta Dalal’s Husband

Debashis Basu, widely recognized as Sucheta Dalal’s husband, is a popular journalist, renowned author, and accomplished chartered accountant.

His fame stems from his pivotal role in assisting Sucheta Dalal in unveiling the 1992 securities scam, showcasing his significant contributions to financial journalism in India.

Physical Appearance

Eye color Black
Hair Color Salt and pepper
Height Aproxx 5’10”
Weight  Not known.

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.

Related For You: Rakesh Jhunjhunwala Biography

Allocates Won By Debashis Basu

He was honored with the Shriram Sanlam Award of Excellence in Financial Journalism for his columns on business standards.

Moneylife Controversy

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.

Discover More: Radhakishan Damani Biography

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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Conclusion

In summary, Debashis Basu is a prominent figure in India’s financial sector, renowned for his role in exposing the 1992 securities scam alongside Sucheta Dalal.

As the co-founder of Moneylife magazine, he continues to provide unbiased financial analysis and education.

Despite controversies, Basu remains a respected journalist, author, and advocate for financial awareness through initiatives like the Moneylife Foundation.

His significant contributions have left a lasting impact on India’s financial landscape.

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Richard Smith

I am Richard Smith from the USA. I’m an Email Marketing Specialist. I have my own blogging site blogest.org. where people will get all Paid Campaigns and Email Marketing and blogging information. I like to encourage and motivate the new youth generation who want to learn Digital Marketing.

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