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    • Sebi orders attachment of bank, demat accounts of former officials of Karvy Group

      The recovery proceedings against KSBL's former VP (finance and accounts) Krishna Hari G; KSBL's former compliance officer Srikrishna Gurazada; KSBL's General Manager of back office operation Srinivasa Raju for Rs 1.80 crore, includes interest, all costs, charges and expenses, Sebi said in three attachment orders on November 14.

    • Sebi issues Rs 1.8 crore demand notices to former officials of Karvy Group

      The demand notices came after the officials failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi) in May.

    • Kfin Tech IPO: Should investors subscribe to the issue?

      At the upper end of the price band, Rs 366 per share, Kfin is being valued at 39 times FY22 earnings and 33 times FY24 estimated earnings

    • ED attaches assets worth Rs 110 crore in Karvy stock broking money-laundering case

      The money-laundering case was filed based on FIRs by the Hyderabad Police on the complaints of lending banks who alleged the Karvy Group had availed large amounts of loans by illegally pledging their clients’ shares worth about Rs 2,800 crore.

    • Karvy group promoter C Parthasarathy held for defaulting on bank loan

      The loan amounts have been diverted to other firms and subsequently defaulted on repayment, the official added.

    • Karvy to help vendors get online; eyes Rs 100 cr in two years

      Diversified financial services company, Karvy Group which has started an e-commerce enabler business to help small and medium enterprises, is targeting Rs 100 crore business in two years and also plans to hire 200 people by end of 2017.

    • Sebi bars Karvy Stock Broking from taking new work for 1 yr

      However, Sebi has allowed the entity to continue with primary market activities that have been undertaken before today's order. It was alleged that the entity played an active role in aiding and abetting key operators in cornering of shares in IPO's of various firms.

    • Saving Deccan Chronicle

      Much like the Deccan Chargers team they owned, the Reddy brothers, the founders of the Deccan Chronicle group, seemed virtually unstoppable. Till their luck began to run out.

    • Fixed income instruments: An investors darling

      A Karvy India wealth report shows that fixed income instruments have become investors' darling, displacing last year's choice - direct equity due to the uncertainty in financial markets.

    • Karvy Private Wealth Takes over iTrust Financial Advisors

      KARVY GROUP today, through its wealth management arm, Karvy Private Wealth, took over the wealth management business of iTrust Financial Advisors, one of India’s leading independent financial advisory firms, with operations in Delhi/NCR, Bangalore and Hyderabad.

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