The CBI action follows the Income Tax Department raid on the premises of Ramkrishna and Subramanian last week
It is clear that the NSE management had lost its legitimacy and dangerously weakened the institution's foundations
Its net profit jumped 101% to Rs 3,447 crore in Dec 2021 and net sales rose 69%
The CBI has questioned former National Stock Exchange group operating officer Anand Subramanian in connection with its ongoing probe into alleged irregularities by a stock broker
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated
Closing Bell: Hindalco, UPL, Sun Pharma, Adani Ports, Divis Labs, and TCS were the top drags, down up to 3.45 per cent
The agency issued lookout circulars against her, Narain and Anand Subramanian, group operating officer, to prevent them from leaving the country.
Reaches out to stakeholders; more meetings planned
With the years-old case finally attracting public attention, directions have come from the top now that no one should be spared: Official
The scandal at the very top of the National Stock Exchange shows it's a systemic failure which must be rectified quickly
Ramkrishna was ousted from the NSE in 2016 for her alleged role in algo-trading through the use of colocation servers, and abuse of power in appointing Subramanian
Over 20 mn adolescents in 15-18 age group fully vaccinated against Covid, says Union Health Minister
On the sectoral front, key indices ended in the negative zone led by the Nifty Realty index (down 1.2 per cent) and the Nifty Pharma index (down 0.8 per cent).
On Thursday, the Income Tax Department had conducted raids at her premises in Mumbai and in Chennai and recovered incriminating documents, say sources
FinMin seeks answers on governance; worried it may hit investor confidence
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
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
NSE responds to Sebi order on governance lapses, says will extend 'full co-operation'
The exchange said it is committed to the highest standards of governance and transparency and will extend full co-operation to the regulator for a satisfactory closure of the matter
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today