Special court sends ex-group operating officer of NSE to CBI custody till March 6
Business Standard brings you the top headlines on Friday
The agency issued lookout circulars against her, Narain and Anand Subramanian, group operating officer, to prevent them from leaving the country.
Ramkrishna was the third woman to head an exchange in the Asia-Pacific region after Sri Lanka's Colombo Stock Exchange and China's Shenzhen Stock Exchange
The tribunal allows the exchange to use Rs 6,000 cr parked in an escrow
There were allegations of preferential access to Tick-By-Tick (TBT) data feed being given by the exchange to certain trading members, following which Sebi probed the matter
Widens ambit to also look at the recent technical glitch that halted NSE trading for hours
Besides OPG, those facing penalty are - Sanjay Gupta, Sangeeta Gupta and Om Prakash Gupta
Sebi imposed a penalty of Rs 1 crore on the National Stock Exchange (NSE) for failing to ensure a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system.
The counsel argued that the exchange should have also been given chance to explain its position on the disgorgement order
It has also issued notices to the Serious Fraud Investigation Office (SFIO) and the Financial Intelligence Unit (FIU). The High Court has directed the noticees to respond on November 11
NSE and the people punished, challenged the order at the SAT on May 21
NSE and the people punished, challenged the order at the SAT on May 21
The regulator said it was up to the exchange to fix accountability on employees, and take action as it deemed fit and appropriate
Sebi has directed Ramkrishna to disgorge a fourth of her salary for FY2013-14
The CBI said that it might check whether SEBI, NSE, or ministry officials were involved in the co-location scam
Securities and Appellate Tribunal to take up the matter again on July 22
On April 30, Sebi had passed multiple orders against NSE and some of its current and former staff for lapses at its co-lo facility that allowed preferential access to certain brokers
Rejects OPG plea to deposit Rs 99 lakh of a total Rs 7.5 cr with Sebi in cash, and the rest in securities; gives firm till May 30 to deposit in cash or PSU bank guarantee
Exchange will soon move SAT against three orders passed by the market regulator in the co-location case