Sunday, Jun 26, 2022
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Casino Kolkata's Big Black Hole

Lyons Range's infamous badla market may now be coming to an end. But it has bared its lethal fangs just one last time.

Casino Kolkata's Big Black Hole

Virender Kumar Aggarwal and his wife Ramkali used poison in a seedy Delhi hotel. Abhishek Banka drowned himself in Calcutta, his wife Sona threw herself from the ninth floor. Sanjay Aggarwal and his wife Sapna first killed their children Ashita and Chirag and then hanged themselves. Virendra Kumar Maini used a dupatta to hang himself from the ceiling fan. The stockmarket crash is claiming its victims.

It's undeniable that what led these unfortunate people to end their lives was their own greed—the prospect of high returns on the bourses, leading them even to borrow or embezzle huge amounts. But it's equally undeniable that the Indian stockmarkets could overnight turn into a very dangerous place for the small investor. And that no bourse exemplifies the dark shenanigans better than the Calcutta Stock Exchange (cse).

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