Investor Issues

After the glaring misuse of power of attorney (PoA) and client securities in the Karvy Stock Broking Ltd case, the National Stock Exchange of India Ltd (NSE) has issued an advisory for investors on safe practices in the market. NSE has asked investors to ensure payouts, be careful while...
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In a rare move, ratings agency ICRA has moved Karvy Stock Broking to the non-cooperating category, downgrading its ratings based on best available information.   In addition, rating has been withdrawn for its short-term debt programme. Giving the rationale, ICRA said the rating...
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Concerns are being raised about the financial problems at Karvy after several investors have complained that payouts by the broking firm are being delayed.   Investors across the country have complained on social media to the Prime Minister's Office, (PMO), Finance Ministry and...
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The Pension Fund Regulatory and Development Authority (PFRDA) has now permitted Overseas Citizen of India (OCI) to enrol in the National Pension Scheme (NPS) at par with Non-Resident Indians. The Government has specified that an OCI may subscribe to the National Pension System governed...
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The Bombay Stock Exchange (BSE) has suspended the trading terminals of Fairwealth Securities Ltd from the cash equity segment as the directors of the company are neither reachable or contactable and the company has also not provided data to the bourse, a stock exchange announcement said on...
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