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A day after stock markets regulator Sebi prohibited Karvy Stock Broking Ltd (KSBL) from taking up new clients, data gleaned from the ministry of corporate affairs (MCA) website shows that the ...
Scam-hit Karvy Stock Broking Limited Chairman C Parthasarathy was arrested here on Thursday on charges of defaulting a bank loan, police said. Parthasarathy was arrested for defaulting on a loan ...
New Zealand in India 2016 News: Karvy and Techpoint will contest the final of Deccan Sports Corporate Cricket tournament.
The Securities and Appellate Tribunal (SAT) has reserved its order on the plea filed by Axis Bank in the Karvy Stock Broking case.
Karvy Stock Broking Ltd (KSBL) had 11.98 lakh folios having a total AUM (asset under management) of Rs 9,261 crore. Image source: Prudent Corporate Retail wealth management firm Prudent Corporate ...
The ban on Karvy Stock Broking Limited (KSBL) from taking new clients was justified as the brokerage was indulging in activities that were “never allowed”, Sebi chairman Ajay Tyagi said on Wednesday.
Prudent Corporate Advisory Services acquired the mutual fund business of Karvy Stock Broking, the company announced on Friday.
Karvy, in its affidavit, contended that the Ministry of Corporate Affairs has taken the decision without following due process of law, without doing proper enquiry.
The mutual fund investors and distributors of Karvy Stock Broking will now become part of Prudent.
The Karvy case has brought to the fore the systemic breakdown in India’s capital market. While the market regulator SEBI, the stock exchanges (National Stock Exchange and BSE) and depository ...
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