The story so far: On November 22, the Securities and Exchange Board of India (SEBI) passed an ex parte ad interim order against Karvy Stock Broking, a Hyderabad-based firm, prohibiting it from taking ...

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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 ...

According to Sebi's interim order on November 22, Karvy transferred clients' securities to itself. Days after banning Karvy Stock Broking, SEBI Chief Ajay Tyagi on Wednesday said that the brokerage ...

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Like a normal brokerage operation, Karvy took money from clients for any buy order and transferred shares to them upon making payment to the bourses. Similarly, for share sale, the scrip moved from ...

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 ...

With the second week of February drawing to a close, Karvy Stock Broking Ltd (KSBL) has missed yet another self-declared deadline for clearing its client payouts, leaving many of its investors in the ...

Top exchanges NSE and BSE on Monday suspended Karvy Stock Broking, one of the biggest in India in terms of number of investor accounts, from all market segments for violating compliance norms by ...

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) today arrested Karvy Group's Chairman and Managing Director C Parthasarathy and its Chief Financial Officer G Krishna Hari in a case of alleged money laundering. The ...