I read lots of complaints from clients of India Infoline. India info line is not only cheating clients but also the employees. There are lots of complaints that shares has been sold without the clients knowledge. The reason why they are selling without your knowledge is the employees are not given salary unless and otherwise they show 3 -4 times of their salary as brokerage. Frustated employees are doing some trading without the knowledge of the clients and leaving the company inorder to put the company in trouble.
The usual thing happening in IIL is they will recruit somebody in the middle of a month. they will give salary for half the month. From next month no salary will be given, which the emplyees begin to realise only in the third month. They will say it will come after 10th, 15th, 18th and the next month will come and no salary will be given. By this time, they will catch some clients and make them do some trading. If reason is been asked for not giving salary, they will simply say you have not met the target of brokerage as well as getting clients. the frustated employees will leave the company without any salary having worked for 3-4 months and this will continue. they are not bothered about people leaving the company as their clients count is increasing without spending any money
Some severe action should be taken against IIL for cheating emplyoees also.
I kindly request nobody to join the India Infoline. You will ultimately come out of it in few months fully frustrated.