stockbrokers

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Stockbroker Ripon Malhotra, 54, who committed suicide after alleging that some top cops of the city were demanding Rs 7 crore from him, appeared to have been under intense police pressure in the last couple of days before his death, sources privy to the developments revealed.

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A 42-year-old stockbroker who the police said had a troubled relationship with his wife hanged himself after first hanging his 11-year-old daughter in their home in Lalbaug, Parel, on Tuesday.

A stockbroker committed suicide in his rented house at Sushant Lok under the jurisdiction of the Sector 56 police station on Friday night. The body was found hanging from the ceiling fan of his room on Saturday morning.

While all the parties are tight-lipped about the exact stake that two private equity players are taking in the financial services arm of the Karvy group, sources said the deal values Karvy Stockbroking at about Rs 1,900 crore.

A couple was arrested on Saturday for allegedly blackmailing a stockbroker. The accused had stolen the broker’s cellphone, which contained photographs of him in a compromising position with his girlfriend.

A team of the city crime branch has nabbed a man for stealing cash and valuables, whose value amounts to over Rs 2 crore, from a private locker at Iscon Mall on SG Road.

A 56-year-old Kandivli resident was found murdered near Anand in Gujarat on Wednesday night while he was returning to Mumbai.

The Malad residence of a 65-year-old stockbroker was burgled of cash and jewellery collectively amounting to Rs 22.12 lakh on Wednesday.Mukesh Kothari was not at home at the time of the burglary.

AHMEDABAD: The Union Bank of India will expand its operations abroad and is actively considering to enter the stockbroking business.

In a gruesome incident, a stockbroker allegedly butchered his wife, Cynthia, and later set her body parts ablaze at an isolated place near Madanpally village at Shamshabad on Monday night. Locals nabbed him and handed him over to the Shamshabad police. Cynthia was a Congolese national.

A 48-year-old stockbroker killed his wife and two children before committing suicide in his house on Govindappa Naicker Street in Kothawalchavadi, George Town, on Thursday.

A special CBI court on Monday convicted stockbroker Ketan Manharlal Parekh on charges of cheating in a 25-year-old case.

A woman and her daughter from the Maninagar area of Ahmedabad ended the life of a Mumbai stockbroker - with whom both were having an affair - cutting him 17 times, to annex his Rs 17 crore property.