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About 3 results for "national securities depositories ltd"

NSE cautions investors over PoA with stock brokers
Rediff.com

NSE cautions investors over PoA with stock brokers

Cautioning investors against keeping funds and securities idle with a broker, the exchange said securities provided by them towards margin should not be permitted to be pledged by the brokers for raising funds. The National Stock Exchange on Monday advised investors to be careful while executing Power of Attorney (PoA) with stock brokers and specify all the rights that brokers can exercise on their behalf. The latest communication comes against the backdrop of Karvy Stock Broking Ltd ... Rediff.com, 1 month ago
Rediff.com

Mukesh Ambani's family in alleged black money net

The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising GDRs of the value of $400 million to two Indian entities - Reliance Utilities & Power and Reliance Port & Terminal, owned by the Ambani family. A show-cause notice issued on March 29 to Ambani’s wife Nita, and their three children. IMAGE: The Ambani children Akash, Anant and Isha with parents Nita and Mukesh ...
 Rediff.com3 weeks ago
Rediff.com

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 clients were illegally transferred by the broker.  After considering the facts and circumstances of the case including enormity of the prima facie violations observed against Karvy, Sebi in an order passed late night Friday said it would not be prudent to allow the use of PoA by Karvy given to ...
 Rediff.com1 month ago
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