Hyderabad: Directorate of Enforcement (ED) identified additional assets and has provisionally attached properties in the form of lands, buildings, share holdings, cash, foreign currency and jewellery worth Rs 110 crore under the Prevention of Money Laundering Act (PMLA)-2002, in the money laundering investigation against Karvy Stock Broking Ltd (KSBL) and its Chairman C Parthasarathy and […]
Karimnagar: State Election Commissioner, C Parthasarathy instructed district officials to be ready to conduct elections for the various vacant seats in the district. Informing that the notification to conduct polls for the vacant seats is likely to be announced in the month of June after getting approval from the state government, he directed officials to […]
Hyderabad: Continuing the investigation into the Karvy Stock Broking Limited cheating case, the Hyderabad Central Crime Station police on Friday arrested Y. Sailaja, a Company Secretary working for Karvy, on charges of falsely creating the company resolution and misrepresenting the HDFC bank to obtain loans. Police said Sailaja, being the Company Secretary, had created a […]
Hyderabad: The Hyderabad Central Crime Station on Thursday produced before court Karvy Stock Broking Limited chairman and managing director C Parthasarathy after the two day custody ended. He was again sent to the Chanchalguda Central Prison. “We found that Parthasarthy had not only pledged securities belonging to the clients without their consent to IndusInd bank, […]
A complaint was lodged by IndusInd Bank Hyderabad vice president against Parthasarathy alleging that he had availed credit facilities of Rs.137 crore from the bank
