Karvy case: The stock broking company was found violating market regulations to obtain loans from banks and NBFCs. It allegedly used clients’ shares as collateral and diverted funds to its real estate ...
Hyderabad: The beleaguered Hyderabad-based Karvy Group is looking at selling stake in one or more group companies to raise funds to the tune of over Rs 2,000 crore to clear outstanding dues to ...
The next time you see the karvy flower, you will be eight years older. In other words, by the time the plant completes its cycle and bears flowers once again, eight years would have passed.Discovered ...
Karvy Stock Broking Limited (KSBL) suffered a blow on Tuesday when the Telangana high court refused to stall a probe ordered by the Union ministry of corporate affairs into the alleged irregularities ...
Karvy Stock Broking Chairman and Managing Director C Parthasarathi was arrested on Thursday for cheating and misuse of clients' funds, the Hyderabad police said. The founder of the financial services ...
Hyderabad: From retired policemen and government employees to young self-employed businessmen, the Karvy fiasco has affected people from all over the country. Scores of investors have contacted Deccan ...
Securities and Exchange Board of India (Sebi), the capital markets regulator, on Wednesday, cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL). Sebi has cancelled the ...
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Karvy has told NSE it will pay fund shortfall of ₹678 crore by March, said Sebi chairman Ajay Tyagi. On 22 Nov, Sebi barred Karvy from acquiring new clients and using power of attorney. Karvy Stock ...
The Enforcement Directorate (ED) said on Wednesday it has attached immovable and movable properties in the form of lands, buildings and shareholdings worth Rs 1,984 crore belonging to Karvy Stock ...
Clients of Karvy Private Wealth who saw defaults on their loans to builders introduced by Karvy have challenged recent amendments to the Insolvency and Bankruptcy Code (IBC), introduced by an ...