NSE Co Location Case

Sebi needs capacity to protect investor interests

Pandey, who was arrested on July 19 in the case, was produced before Special Judge Sunena Sharma at the Rouse Avenue Court Complex following expiry of his custody.

The phone tapping is said to have been illegal, and took place between 2009 and 2017

In a latest development in connection with NSE co-location scam, Enforcement Directorate is recording statement of former Mumbai Police Commissioner Sanjay Pandey at its Delhi-based headquarters.

Both accused are presently in Judicial custody and recently moved default bail on the ground stated that the sanction, in this case, is still awaited from the competent authority

The CBI had earlier opposed the bail applications of both the accused, saying that they could influence the witnesses and tamper with the evidence

Tribunal has asked her not to deposit Rs 2 crore in six weeks. If deposited, the balance amount will not be recovered during appeal pendency

Subramanian, former Group Operating Officer and ex-advisor to former MD of National Stock Exchange (NSE), was the first person arrested by CBI in the NSE Co-Location case in February this month

CBI opposes bail for Ramkrishna, says granting it will adversely affect investigation

Functioning of crypto currency exchanges also came up when Sebi chairperson Madhabi Puri Buch appeared before parliamentary panel on finance, say people in the know

SEBI chairperson Madhabi Puri Buch will depose before the parliamentary standing committee on finance on Tuesday over regulatory issues and is expected to be questioned about the recent NSE scam

Allegations of misconduct may not just delay exchange's much-awaited IPO, but also hurt its growing clout in the global equity market.

Ramkrishna was produced before the special court after the expiry of her custodial remand

CBI is also looking into the visit of Subramanian and former NSE MD to tax haven Seychelles, which finds mention in the email exchanges between Chitra Ramkrishna and the mysterious Yogi

CBI counsel said that Subramanian, who impersonated as a Himalayan Yogi to influence Ramakrishna, remained evasive during interrogation and was a flight risk and should not be granted bail

The CBI also secured an extension of the custody of former group operating officer of NSE Anand Subramanian till March 9

She will be presented before a Delhi court on Monday morning

Ramkrishna was arrested in Delhi and was taken for medical checkup

Chitra Ramkrishna was arrested in New Delhi, the source at the Central Bureau of Investigation said

Former NSE CEO Chitra Ramkrishna was questioned by a senior psychologist of CFSL, who said she was "evasive" in her responses related to co-location scam case being probed by the CBI, officials said.