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Karvy Once Again Buying Time and Negotiating a Foreign Buyer for Its Data Management Business  0 Six months after Karvy Stock Broking Ltd (Karvy) was expelled by the National Stock Exchange (NSE) and declared a defaulter, there is almost no legal action against the firm by retail or institutional investors. This is because C Parthasarathy, its group chairman has reached out to people with an assurance that the firm is close to selling its data management business, Karvy Data Management Servic...

Karvy Investors Start Receiving Their Money from NSEs IPF in Record Time after Broker Expulsion Moneylife Digital Team  17 Investors of Karvy Stock Broking Ltd (Karvy), who had filed claims with the investor protection fund (IPF) of National Stock Exchange (NSE), have started receiving their money back within a fortnight after processing of claims began. Some investors, who have joined Moneylife Foundations Telegram group have posted messages to share the news. NSE sources tell us, "We have e...