A range of quantitative, thematic, multi-cap and small-cap PMS strategies posted strong gains in April, w ...More

A range of quantitative, thematic, multi-cap and small-cap PMS strategies posted strong gains in April, with top performers delivering returns of up to 44.39% amid a sharp equity market rebound. Broader markets led the rally, while debt-focused strategies largely underperformed or delivered muted gains. ...Less

Even as Karvy tried to adopt corporate practices, a few old habits lingered. ...More

Even as Karvy tried to adopt corporate practices, a few old habits lingered. ...Less

Among those booked include directors of Karvy Stock Brokers, Karvy Realty India and Karvy Capitals. ...More

Among those booked include directors of Karvy Stock Brokers, Karvy Realty India and Karvy Capitals. ...Less

Karvy had allegedly sold client stocks pledged with it through associated entities. ...More

Karvy had allegedly sold client stocks pledged with it through associated entities. ...Less

Karvy Realty's CEO Aanandjit Sunderaj has resigned from the company, said people familiar with the develo ...More

Karvy Realty's CEO Aanandjit Sunderaj has resigned from the company, said people familiar with the development. ...Less

The development follows several notices sent by Airtel, the latest being May 21, demanding Karvy to recti ...More

The development follows several notices sent by Airtel, the latest being May 21, demanding Karvy to rectify tax defaults and submit documentary proof of compliance within seven days of issuing the notice, to which Karvy did not respond. ET has seen a copy of the emails. ...Less

Karvy Comtrade was one of the brokers whose clients long castor had defaulted in margin obligations. ...More

Karvy Comtrade was one of the brokers whose clients long castor had defaulted in margin obligations. ...Less

Karvy Fintech, the register and transfer agent, lists 23 fund houses among its clients. ...More

Karvy Fintech, the register and transfer agent, lists 23 fund houses among its clients. ...Less

Karvy had moved the SAT seeking relief to allow the firm to tender securities for settlement. ...More

Karvy had moved the SAT seeking relief to allow the firm to tender securities for settlement. ...Less

Investors with fund balances upto Rs 30,000 due from Karvy Stock Broking have been settled, the exchange ...More

Investors with fund balances upto Rs 30,000 due from Karvy Stock Broking have been settled, the exchange said. Adding that disciplinary proceedings against Karvy Stock broking is underway. ...Less

Karvy serves 70 million investors and provides investment advice to more than 600 firms. ...More

Karvy serves 70 million investors and provides investment advice to more than 600 firms. ...Less

IIFL Securities had won the bid to acquire the 11 lakh demat accounts held by Karvy. Axis Securities emer ...More

IIFL Securities had won the bid to acquire the 11 lakh demat accounts held by Karvy. Axis Securities emerged as the successful bidder for Karvy’s trading accounts. This was the first time depositories separately sold trading and demat accounts. Exchanges had terminated the membership of Karvy amid allegations the brokerage had misused clients’ securities and funds. ...Less

In March 2014, Sebi had barred Karvy Stock Broking from taking up new assignment or launching new schemes ...More

In March 2014, Sebi had barred Karvy Stock Broking from taking up new assignment or launching new schemes for six months. ...Less

On Monday, depositories transferred securities worth Rs 2,013.77 crore to 82,559 clients of Karvy, said o ...More

On Monday, depositories transferred securities worth Rs 2,013.77 crore to 82,559 clients of Karvy, said one of the persons. ...Less

During an on-site inspection at Karvy Investor’s registered office in March last year, the regulator foun ...More

During an on-site inspection at Karvy Investor’s registered office in March last year, the regulator found inadequate infrastructure concerning office space, equipment, and manpower to effectively discharge the activities. ...Less

Last week , Sebi banned Karvy Stock Broking for client defaults worth Rs2,000 crore. ...More

Last week , Sebi banned Karvy Stock Broking for client defaults worth Rs2,000 crore. ...Less

Karvy Group has denied association with Athena Infraprojects that was booked by the CBI on Monday for fud ...More

Karvy Group has denied association with Athena Infraprojects that was booked by the CBI on Monday for fudging financial statements to bag coal block. ...Less

HDFC Bank, IndusInd, ICICI and Bajaj Fin had sought return of shares pledged by Karvy. ...More

HDFC Bank, IndusInd, ICICI and Bajaj Fin had sought return of shares pledged by Karvy. ...Less

Sebi alleged that Karvy has misused client securities by pledging them with banks and FIs to raise funds. ...More

Sebi alleged that Karvy has misused client securities by pledging them with banks and FIs to raise funds. ...Less

Karvy has also nominated a senior official to represent the matter with State Minority Commission," sourc ...More

Karvy has also nominated a senior official to represent the matter with State Minority Commission," sources told PTI. ...Less

The ED has charged Karvy for using the shares meant for Retail Individual Investor (RII) and also for cre ...More

The ED has charged Karvy for using the shares meant for Retail Individual Investor (RII) and also for creation of benami demat accounts. ...Less

The banks in their complaint alleged that Karvy group represented by Parthasarathy unlawfully pledged the ...More

The banks in their complaint alleged that Karvy group represented by Parthasarathy unlawfully pledged the shares of its clients and availed loans. ...Less

The National Stock Exchange (NSE) on Tuesday said that about 2.35 lakh investors who had stocks and money ...More

The National Stock Exchange (NSE) on Tuesday said that about 2.35 lakh investors who had stocks and money stuck with Karvy Stock Broking for over a year have been paid a combined Rs 2,300 crore as part of their settlement. ...Less

At least two bidders, Arpwood Capital, and Indostar Capital Finance are in the fray to acquire the non-ba ...More

At least two bidders, Arpwood Capital, and Indostar Capital Finance are in the fray to acquire the non-banking finance company (NBFC) Karvy Finance. ...Less

Karvy Financial made public announcement for open offer with a delay of 81 days, in violation of Substant ...More

Karvy Financial made public announcement for open offer with a delay of 81 days, in violation of Substantial Acquisition of Shares and Takeovers (SAST) norms. ...Less

There is also talk that Parthasarathy and his associates, who together hold 16.75% in the company, have s ...More

There is also talk that Parthasarathy and his associates, who together hold 16.75% in the company, have sold their stake. ...Less

Karvy official blames castor fiasco for delay, says payouts of Rs 5.5 crore to 30 clients under process. ...More

Karvy official blames castor fiasco for delay, says payouts of Rs 5.5 crore to 30 clients under process. ...Less

Sale comes at a time when Karvy’s stock broking unit looks to sell assets to clear dues. ...More

Sale comes at a time when Karvy’s stock broking unit looks to sell assets to clear dues. ...Less

Computershare, which owns half the company, will sell its entire stake while Indian partner and Karvy Gro ...More

Computershare, which owns half the company, will sell its entire stake while Indian partner and Karvy Group owner C Parthasarathy will sell around 24%. ...Less

Financial services firm Karvy said one of its group companies will acquire a majority stake in Bahrain Sh ...More

Financial services firm Karvy said one of its group companies will acquire a majority stake in Bahrain Shares Registering Company WLL. ...Less

In a relief to Axis Bank, the Securities Appellate Tribunal (SAT) has quashed a direction issued by NSE t ...More

In a relief to Axis Bank, the Securities Appellate Tribunal (SAT) has quashed a direction issued by NSE that funds lying in the bank account of Karvy Stock Broking are the assets of the exchange's defaulter committee. ...Less

The money-laundering case was filed based on FIRs by the Hyderabad Police on the complaints of lending ba ...More

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 ₹2,800 crore and the said loans have become non-performing asset (NPA) after the release of the client's securities as per the orders of NSE and Sebi. ...Less

Back in 2018, when the capital markets regulator found evidence of misappropriation of client securities ...More

Back in 2018, when the capital markets regulator found evidence of misappropriation of client securities by Karvy, it had instructed the National Stock Exchange (NSE) and National Securities Depository (NSDL) to transfer all the client securities in Karvy account to the affected clients, the people cited above said. ...Less

BSE-listed Titan, a Tata Group entity, had approached the court against Karvy Comtrade under Section 9 of ...More

BSE-listed Titan, a Tata Group entity, had approached the court against Karvy Comtrade under Section 9 of the Act to secure a disputed amount of 32.40 crore although it had received a favourable ruling at the IGRC prior to that. ...Less

Karvy Stock Broking has set a February 15 deadline to pay all its dues to clients, which includes stocks ...More

Karvy Stock Broking has set a February 15 deadline to pay all its dues to clients, which includes stocks and funds worth several crores of rupees. With a new man at the helm, it is also going in for a restructuring of its financial services business and there are rumours that this may include sale of assets. ...Less

The asset under management for 11 lakh Karvy demat accounts stands at Rs 3 lakh crore. The bidding proces ...More

The asset under management for 11 lakh Karvy demat accounts stands at Rs 3 lakh crore. The bidding process which began in early February has finally ended the ordeal of 11 lac investors whose account has been frozen for over a year. ...Less

"We started the e-commerce seller services business four months ago and have about 5,000 sellers listed w ...More

"We started the e-commerce seller services business four months ago and have about 5,000 sellers listed with us presently across 15 cities," said, V Mahesh, Managing Director of Karvy Data Management. ...Less

Karvy Computershare is one of the largest share registrar servicing over 70 million investor accounts inc ...More

Karvy Computershare is one of the largest share registrar servicing over 70 million investor accounts including banks, PSUs and mutual funds. ...Less

Market regulator Securities Exchange Board of India (Sebi) and National Securities Depositories Ltd (NSDL ...More

Market regulator Securities Exchange Board of India (Sebi) and National Securities Depositories Ltd (NSDL) on Wednesday moved the Supreme Court against the Securities Appellate Tribunal’s decision that quashed the market regulator’s orders that restricted lenders, including Axis Bank, HDFC Bank and ICICI Bank, from revoking the shares pledged by Karvy Stock Broking (KSBL). ...Less

In November 2020, Bombay Stock Exchange declared Karvy Stock Broking as a defaulter and removed the broke ...More

In November 2020, Bombay Stock Exchange declared Karvy Stock Broking as a defaulter and removed the brokerage house from its membership after a similar action was initiated by the National Stock Exchange. ...Less

HP-owned IT services firm Mphasis said it has completed the deals with Karvy Data Management Services and ...More

HP-owned IT services firm Mphasis said it has completed the deals with Karvy Data Management Services and Hinduja Global Solutions. ...Less

Sebi banned Karvy from taking new clients over client defaults worth Rs 2,000 crore. ...More

Sebi banned Karvy from taking new clients over client defaults worth Rs 2,000 crore. ...Less

Sebi found that three promoters of Regalia Realty in order to obtain a project loan for the company, crea ...More

Sebi found that three promoters of Regalia Realty in order to obtain a project loan for the company, created encumbrance on the shares held by them by way of a pledge in favour of Karvy Financial Services to secure repayment of the loan. ...Less

A month ago, the Securities and Exchange Board of India had banned the brokerage from the securities mark ...More

A month ago, the Securities and Exchange Board of India had banned the brokerage from the securities market for misappropriating clients' funds. The company was declared a defaulter and expelled by the stock exchanges in November. ...Less

Under the guidelines, stock brokers are required to fulfill their obligations and should not involve in a ...More

Under the guidelines, stock brokers are required to fulfill their obligations and should not involve in any misconduct, or unprofessional conduct among others. ...Less

The agency’s registered a case under the Prevention of Money laundering Act (PMLA), 2002 for alleged frau ...More

The agency’s registered a case under the Prevention of Money laundering Act (PMLA), 2002 for alleged fraud committed through illegal diversion of clients’ securities by Karvy Stock Broking Ltd worth Rs 2873.82 Crore and pledging of these securities with banks/ NBFCs for seeking loans and subsequent loan default, the agency said. ...Less

General Atlantic has been active in India since 1999 and has invested over $2 billion in the India and As ...More

General Atlantic has been active in India since 1999 and has invested over $2 billion in the India and Asia-Pacific region, as of December 31, 2016. ...Less

Axis Bank lent Rs 80.47 crore to Karvy Stock Broking in the form of overdraft against shares. ...More

Axis Bank lent Rs 80.47 crore to Karvy Stock Broking in the form of overdraft against shares. ...Less

Many disgruntled customers have been venting their anger on Twitter. ...More

Many disgruntled customers have been venting their anger on Twitter. ...Less

Merging its two existing units of private client group and the financial planning group KARVY Broking for ...More

Merging its two existing units of private client group and the financial planning group KARVY Broking formed KARVY Private Wealth which would focus on advising and managing wealth of HNIs. ...Less

Investors with accounts with the brokerage will be able to migrate to other brokers. ...More

Investors with accounts with the brokerage will be able to migrate to other brokers. ...Less

Karvy’s leadership position is under threat as the JV between Australia’s Link Group and India’s Intime r ...More

Karvy’s leadership position is under threat as the JV between Australia’s Link Group and India’s Intime raised its IPO market share to 43.7%. ...Less

Axis Bank lent Rs 80.47 crore to Karvy Stock Broking in the form of overdraft against shares. ...More

Axis Bank lent Rs 80.47 crore to Karvy Stock Broking in the form of overdraft against shares. ...Less

A show cause notice is sent by Sebi upon completion of its probe. Once the exchanges reply on the matter, ...More

A show cause notice is sent by Sebi upon completion of its probe. Once the exchanges reply on the matter, it will go to an adjudication officer, who will pass a final order. ...Less

On Saturday and Sunday, Karvy Stock Broking received 53 posts on its Twitter handle. ...More

On Saturday and Sunday, Karvy Stock Broking received 53 posts on its Twitter handle. ...Less

Under the combination, Karvy Data Management will acquire Mphasis' domestic business process management o ...More

Under the combination, Karvy Data Management will acquire Mphasis' domestic business process management or outsourcing (BPM/BPO). ...Less

The regulator had conducted an inspection of Karvy Investor Services last year, during its onsite visit i ...More

The regulator had conducted an inspection of Karvy Investor Services last year, during its onsite visit it found that it was not functioning both at the registered as well as in the correspondence address. ...Less

Karvy has rolled out Karvyclick.com, a website where small vendors can avail of services such as register ...More

Karvy has rolled out Karvyclick.com, a website where small vendors can avail of services such as registering on ecommerce platforms, creation of product catalogues and content and launching of products. ...Less

Karvy Stock Broking has about 12 lakh clients, out of whom 3 lakh are active clients. ...More

Karvy Stock Broking has about 12 lakh clients, out of whom 3 lakh are active clients. ...Less

CEO Saxena declined to provide details of the PE investors the company is talking to, but indicated that ...More

CEO Saxena declined to provide details of the PE investors the company is talking to, but indicated that it may close a deal within the next six months. ...Less

The Hyderabad police arrested Karvy Stock Broking Ltd (KSBL) chairman C Parthasarathy on Thursday, acting ...More

The Hyderabad police arrested Karvy Stock Broking Ltd (KSBL) chairman C Parthasarathy on Thursday, acting on a complaint lodged by IndusInd Bank. ...Less

The ED searches were carried out on September 22 at six locations in Hyderabad and on various premises of ...More

The ED searches were carried out on September 22 at six locations in Hyderabad and on various premises of Karvy group of companies, connected entities and the residential premises of C Parthasarathy. ...Less

For the first time in India, stock exchanges and depositories have decided to sell the assets of a stockb ...More

For the first time in India, stock exchanges and depositories have decided to sell the assets of a stockbroker to settle the dues of broker’s clients and called for bids. ...Less

The NCLT has approved Sangamam Power Projects' resolution plan for acquiring Karvy Data Management Servic ...More

The NCLT has approved Sangamam Power Projects' resolution plan for acquiring Karvy Data Management Services, which is expected to positively impact Gwalior's IT park and local economy by creating employment and promoting technological development. Sangamam aims to leverage synergies for long-term success in data and renewable energy sectors. ...Less

Sebi order states that till we make our submission, we are not allowed to take new customers. ...More

Sebi order states that till we make our submission, we are not allowed to take new customers. ...Less

Sebi had barred Karvy from taking new clients in respect of its stock broking activities. ...More

Sebi had barred Karvy from taking new clients in respect of its stock broking activities. ...Less

The beleaguered broking firm has written to investors seeking time till February-end to clear dues. ...More

The beleaguered broking firm has written to investors seeking time till February-end to clear dues. ...Less

The leading stock exchange said investors having any outstanding claims against the brokerage can file th ...More

The leading stock exchange said investors having any outstanding claims against the brokerage can file their claims with the exchange within 90 days from the date of issue of the notice (by February 22, 2021). ...Less

Karvy Capital, the asset management arm of financial services provider Karvy Group, today launched first ...More

Karvy Capital, the asset management arm of financial services provider Karvy Group, today launched first hedge fund named 'systematic edge fund'. ...Less

Karvy is one of the largest brokerage firms and mutual fund registrar. ...More

Karvy is one of the largest brokerage firms and mutual fund registrar. ...Less

The Securities and Exchange Board of India has asked exchanges to detect Karvy-like cases beforehand. ...More

The Securities and Exchange Board of India has asked exchanges to detect Karvy-like cases beforehand. ...Less

Tyagi said Sebi did not want to disrupt the disbursement of the funds ...More

Tyagi said Sebi did not want to disrupt the disbursement of the funds ...Less

Both companies will enter into a formal business arrangement after consulting Sebi since Sharepro is unde ...More

Both companies will enter into a formal business arrangement after consulting Sebi since Sharepro is under regulatory ban over alleged fraudulent deals. ...Less

The tribunal has allowed Axis Bank to invoke the shares pledged in its favour and asked the Securities an ...More

The tribunal has allowed Axis Bank to invoke the shares pledged in its favour and asked the Securities and Exchange Board of India (Sebi) to restore the pledge in favour of the other banks within four weeks and also compensate them. ...Less

The SAT order came on a plea from affected lenders-- HDFC Bank, ICICI Bank, Indusind Bank and Bajaj Finan ...More

The SAT order came on a plea from affected lenders-- HDFC Bank, ICICI Bank, Indusind Bank and Bajaj Finance. ...Less

The comments from Ajay Tyagi come days after Sebi banned Karvy with immediate effect. ...More

The comments from Ajay Tyagi come days after Sebi banned Karvy with immediate effect. ...Less

Sebi has allowed the entity to continue with primary market activities that have been undertaken before t ...More

Sebi has allowed the entity to continue with primary market activities that have been undertaken before today's order. ...Less

SAT reserved the matter for orders on Tuesday. ...More

SAT reserved the matter for orders on Tuesday. ...Less

Karvy Stock Broking allegedly pledged its clients shares to fund its real estate arm. ...More

Karvy Stock Broking allegedly pledged its clients shares to fund its real estate arm. ...Less

"We are well positioned in technology, operations, service network and marketing capability to run this b ...More

"We are well positioned in technology, operations, service network and marketing capability to run this business with the benefit of low cost and huge geographical reach.," Karvy said. ...Less

Karvy Capital today said it expects to attract inflows of about Rs 100 crore from high networth entities ...More

Karvy Capital today said it expects to attract inflows of about Rs 100 crore from high networth entities for its newly launched hedge fund. ...Less

The Securities Appellate Tribunal has allowed Karvy Stock Broking's plea against market regulator SEBI, w ...More

The Securities Appellate Tribunal has allowed Karvy Stock Broking's plea against market regulator SEBI, which had ordered the broking firm to 'disgorge' alleged illegal gains made in the IPO scam during 2003-2005. ...Less

N Subramaniam, Head, Institutional Equity, Karvy Stock Broking in an interview to ET NOW said that Nav Bh ...More

N Subramaniam, Head, Institutional Equity, Karvy Stock Broking in an interview to ET NOW said that Nav Bharat eventually is a stock which has been covered by Karvy. We are quite positive on the stock first being a diversified company engaged in ferro alloys and sugar. ...Less

Karvy Stock Broking has advised traders to buy GE Shipping for target of Rs 282-285. ...More

Karvy Stock Broking has advised traders to buy GE Shipping for target of Rs 282-285. ...Less

Karvy Stock Broking has advised traders to go short on Nifty for target of 5050-5000. ...More

Karvy Stock Broking has advised traders to go short on Nifty for target of 5050-5000. ...Less

Ambareesh Baliga, VP Karvy Stock Broking Ltd, in a chat with ET Now talks gives his views on the markets. ...More

Ambareesh Baliga, VP Karvy Stock Broking Ltd, in a chat with ET Now talks gives his views on the markets. ...Less

The wealth of individuals in the country is expected to double to Rs 1.79 lakh crore in the next four yea ...More

The wealth of individuals in the country is expected to double to Rs 1.79 lakh crore in the next four years, according to a report by Karvy Wealth. ...Less

In its order passed on December 20, SAT quashed Sebi's two orders passed in January 2020 and December 201 ...More

In its order passed on December 20, SAT quashed Sebi's two orders passed in January 2020 and December 2019 that barred lenders from invoking the pledge on shares in the Karvy Stock Broking matter. Sebi, NSDL and NSE were also directed to release the shares in four weeks. ...Less

The individual wealth of Indians is set to login a compounded annual growth rate of 23 percent over the n ...More

The individual wealth of Indians is set to login a compounded annual growth rate of 23 percent over the next four years and touch a staggering Rs 249 trillion. ...Less

Later market regulator Sebi asked NSE to increase its Investor Protection Fund (IPF) corpus from Rs 560 c ...More

Later market regulator Sebi asked NSE to increase its Investor Protection Fund (IPF) corpus from Rs 560 crore to Rs 1,500 crore in order to protect the interests of investors in the light of the recent broker defaults. ...Less

Bajaj Finance’s petition before SAT on Monday had called on Sebi to hear its concerns. ...More

Bajaj Finance’s petition before SAT on Monday had called on Sebi to hear its concerns. ...Less

Eyeing Rs 400 crore this year, financial services provider Karvy Stock Broking will market the mutual fun ...More

Eyeing Rs 400 crore this year, financial services provider Karvy Stock Broking will market the mutual funds of city-based Taurus. ...Less

Leading private equity investors ICICI Venture and Baring Private Equity Asia are set to invest around Rs ...More

Leading private equity investors ICICI Venture and Baring Private Equity Asia are set to invest around Rs 500 crore to pick up around 32% stake in Karvy Stock Broking Limited (KRBL). ...Less

Karvy has also appointed Amitabh Chaturvedi as the company's group chief executive for financial services ...More

Karvy has also appointed Amitabh Chaturvedi as the company's group chief executive for financial services. ...Less

The Congress in Rajya Sabha on Tuesday said steps being taken by multiple regulatory authorities in cases ...More

The Congress in Rajya Sabha on Tuesday said steps being taken by multiple regulatory authorities in cases related to alleged fraud at Karvy Stock Broking (KSBL) and DHFL could be "legally questionable" and the government should work with regulators to fix the problem. ...Less

Second generation promoters are from those who incorporated their business between 1970 and 1989. ...More

Second generation promoters are from those who incorporated their business between 1970 and 1989. ...Less

Karvy, in which ICICI Ventures and Baring Equity recently picked up a combined 25% stake, is likely to ap ...More

Karvy, in which ICICI Ventures and Baring Equity recently picked up a combined 25% stake, is likely to approach RBI for the regulatory approval within the next two months to set up the NBFC. ...Less

Karvy Stock Broking expects market to open weak. It has advised to trade short in the Nifty from 4430-445 ...More

Karvy Stock Broking expects market to open weak. It has advised to trade short in the Nifty from 4430-4450 levels. ...Less

Mphasis said it sold a portion of its India business to Karvy Data Management Services, which will result ...More

Mphasis said it sold a portion of its India business to Karvy Data Management Services, which will result in the transfer of 2,000 employees. ...Less