Anand Subramanian, former group operating officer at the NSE, was arrested by the CBI on Thursday night. He had been questioned about his role at the country’s largest stock exchange. The central probe agency had also put out notices against him amid probe over irregularities at the NSE.
The emails exchanged between the NSE’s former CEO Chitra Ramkrishna with a ‘yogi’ living in the Himalayas have gained wide attention. Ramakrishna was questioned for 12 hours by the CBI last week in the ‘tick-by-tick’ manipulation case.
The former managing director of the National Stock Exchange (NSE), Ramakrishna Subramanian, has been ordered to pay a fine of ₹2 crore. His predecessor Ravi Narayan and his predecessor Sanjay Gupta were also asked to pay fines.
The CBI has filed an FIR (first information report) against unknown officials of the National Stock Exchange of India (NSE) for allegedly providing unfair access to a private company. “It was alleged that the owner and promoter of said private company abused the server architecture of NSE in conspiracy with unknown officials,” the agency said.
Complete News Source : HINDUSTAN TIMES
