Karvy case: Sebi penalises BSE, NSE for laxity

Capital markets regulator Sebi has penalised stock exchanges -- BSE and NSE -- for "laxity" on their part in detecting misuse of clients' securities worth Rs 2,300 crore by Karvy Stock Broking Ltd......

Karvy's CMD Parthasarathy, CFO Hari arrested in money laundering case

The Enforcement Directorate (ED) on Thursday said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and group CFO G Krishna Hari in connection with a money laundering......

Affected by Karvy crisis? Read this

File a complaint with Sebi on its SCORES Web site, suggests Sanjay Kumar Singh. Photograph: Shailesh Andrade/Reuters A November 22 ex-parte interim order by the Securities and Exchange Board of......

Sebi cites Karvy's illegal transfer of client money worth Rs 2300 cr

Markets regulator Sebi has rejected Karvy Stock Broking's plea to use its clients' power of attorney (PoA) to settle trades done by them and said securities worth Rs 2,300 crore of more than 95,000......