Page 5 - National Stock Exchange

ED conducts raids in NSE co-location money laundering case under PMLA

The raids are being carried out under the provisions of the Prevention of Money Laundering Act (PMLA).

Trading 'queen' and mystery guru: Strange tale engulfs NSE in scandal

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

Irregularities found in appointment of chief strategic advisor at NSE: Govt

The government on Tuesday said irregularities in the appointment of chief strategic advisor in the NSE during the tenure of a former MD&CEO were observed and the appointment was made without following due process. The Securities and Exchange Board of India (Sebi) has informed that an ex-MD&CEO of NSE, had sought guidance from a 'siddha purusha/yogi', Minister of State for Finance Pankaj Chaudhry said in a written reply to the Rajya Sabha. During the course of investigation by Sebi, it was found that certain emails on various matters were exchanged by that MD&CEO with the yogi, he said. "Sebi has informed that irregularities were observed in the appointment of the chief strategic advisor (CSA), during the tenure of that ex-MD&CEO of NSE. This appointment was made without following due process of appointment," Chaudhry added. Accordingly, Sebi imposed monetary penalty and other restrictions on that ex-MD&CEO and the then CSA for violation of provisions of Sebi Act, ..

NSE co-location case: CBI court sends Chitra Ramkrishna to jail for 14 days

The probe agency had arrested Ramkrishna on March 6, a day after her anticipatory bail application was dismissed by the court

NSE plans new exchange for domestic spot gold

India's National Stock Exchange (NSE) said on Saturday it planned to set up a new domestic spot gold exchange that would bring more efficiency and transparency to bullion pricing.

NSE ex-GOO Anand Subramanian created email id of mysterious Yogi: CBI

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

Rejecting a crown of thorns: Meet Vikram Limaye, MD & CEO of NSE

Limaye joined NSE in July 2017 after a long stint at IDFC, an institution set up to boost infrastructure development by channelling private sector investments

Who will invest in India if scams like this happen: CBI court on NSE case

A special CBI court here, hearing the National Stock Exchange (NSE) scam case, took an adverse view of the matter asking "who will invest in India with scams like this?"

Delhi court grants CBI 7-day custodial interrogation of Chitra Ramkrishna

The CBI Monday produced former managing director and chief executive officer of National Stock Exchange (NSE) Chitra Ramkrishna before a Delhi court in connection with the NSE co-location case. The probe agency produced the accused before special Special Judge Sanjeev Aggarwal and sought 14-day custodial interrogation in the case. The CBI arrested the accused on Sunday after her anticipatory bail application was dismissed by the court on Saturday. The CBI had recently questioned Ramkrishna in the matter. The Income Tax (I-T) Department earlier raided various premises linked to Ramkrishna in Mumbai and Chennai. Ramkrishna has been on the radar of the Securities and Exchange Board of India (SEBI). The CBI court had recently sent Anand Subramanian, former Group Operating Officer and advisor to Ramkrishna, to CBI custody. He was arrested by the CBI from Chennai. The arrest was made in the case related to the co-location scam, the FIR for which was registered in May 2018, amid fresh .

Broadcast resumes normally after prices stopped updating in 2 indices: NSE

The National Stock Exchange (NSE) on Monday said broadcast has resumed normally in Nifty and Bank Nifty indices after the prices had stopped updating in the two indices.

India's top stock exchange NSE says stock prices updating normally

Share prices on the National Stock Exchange (NSE) were updating normally on Monday, the country's largest bourse told a TV news channel after a leading broker said prices had stopped updating

CBI to seek 2 week custodial remand of ex-NSE CEO Chitra Ramkrishna

The CBI, which arrested the former MD and Chief Executive Officer (CEO) of National Stock Exchange (NSE) Chitra Ramkrishna on Sunday night, is likely to seek two week custodial remand of her

NSE scouts for new MD & CEO; though Limaye is eligible for 5-year extension

Current MD and CEO Vikram Limaye's five-year tenure ends this July, and he is eligible for another five-year term

Investments by Indians in foreign assets up 63.8% during past 12 months

Numbers have been rising fast since the pandemic; total amount of money sent abroad for foreign investments was $673.8 million

Investors' wealth slumps over Rs 5.59 trn in three days of market fall

Investors' wealth tumbled more than Rs 5.59 lakh crore in three days of market fall as sentiments remained muted amid the Russia-Ukraine conflict and its impact on the global economy. Continuing its decline for the third day on Friday, the BSE gauge plummeted 1,214.96 points or 2.20 per cent to 53,887.72 during the day. It settled at 54,333.81, a decline of 768.87 points or 1.40 per cent. In three days, the benchmark index tanked 1,913.47 points or 3.40 per cent. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 5,59,623.71 crore to Rs 2,46,79,421.38 crore in three days. "Markets ended the week with a sharp cut, reflecting the feeble global sentiment. After the sharp reaction in early trade, the benchmark oscillated in the broader range to finally settle around the day's low," Ajit Mishra, vice-president (research) of Religare Broking Ltd, said. In Friday's trade, Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan .

NSE seeks applications for new chief amid suspected governance lapses

The exchange has invited applications from candidates having IPO experience for the role of the top post before March 25

NSE orders not weak or diluted, says outgoing Sebi chief Ajay Tyagi

Recently, FM told a leading financial daily that govt was looking for an answer as to whether Sebi had taken adequate steps in the NSE colocation matter

A rejoinder

Colocation facilities were offered by NSE to the brokers from 2010 onwards

Top headlines: Biden to warn Putin; challenges rise for new Sebi chief

From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange. More on that in our top headlines.

Piramal Enterprises to raise Rs 500 cr via non-convertible debentures

The debentures are proposed to be listed on debt segment and capital market segment of National Stock Exchange (NSE) and BSE Ltd, it added