Hyderabad police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking Pvt Ltd for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals. According to a police press release, Rajiv Ranjan Singh, Chief Executive Officer and G. Krishna Hari Chief Financial Officer of Karvy were arrested basing on
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs6 lakh on Karvy Capital Ltd (KCL) and KCL s whole-time director Kedar Deshpande for multiple violations.
Hyderabad: The Central Crime Station (CCS) of Hyderabad police have filed another case against the Karvy Chairman and Managing Director (CMD) C Parthasarathy in connection with the multi-crore fraud by Karvy Stocks Broking Limited (KSBL) for cheating investors. The new criminal case is related to the alleged cheating of Axis Bank after availing the credit facility of Rs 159
ED arrests Karvy CMD, CFO in Rs 2,800 crore scam | India News - Rashtra News : Rashtra News #arrests #Karvy #CMD #CFO #crore #scam #India #News #Times #India NEW DELHI: In a Rs 2,800crore share market fraud and money laundering case, the ED has arrested Karvy Group CMD Comandur Parthasarathy and its CFO G […]