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CBI issues lookout circular against former NSE head Chitra Ramkrishna

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CBI issues lookout circular against former NSE head Chitra Ramkrishna

According to news agency PTI, the Central Bureau of Investigation issued a notice on Friday to former chief executive of the National Stock Exchange, Chitra Ramkrishna, over the alleged breach. This comes a day after the Income Tax Office raided Ramkrishna’s premises as part of a tax evasion investigation. According to the news outlet, a circular was issued against another former CEO, Ravi Narain, and former COO, Anand Subramanian.

“The CBI is interviewing Ramkrishna in Mumbai today and has issued a circular for Ramkrishna, Anand Subramanian and Ravi Narain (former NSE CEO). This is an extension to the 2018 FIR in light of the latest facts exposed under the Sebi order,” An official with direct knowledge of the matter told Mint.

Chitra Ramkrishna is also facing breach charges for appointing Anand Subramanian as group operating officer and adviser to the NSE managing director. Although the case dates back to when Chitra Ramkrishna was executive director and CEO of the National Stock Exchange between 2013 and 2016, she made headlines after Sebi issued a recent executive order saying Ramkrishna was “controlled by yogis.” Subramanian appointment.

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However, the CBI’s investigation involved another scam that occurred during Ramkrishna’s tenure. Some traders were allegedly given priority access to the NSE’s custody facility as if they had previously registered, as well as instant access to data feeds in the exchange. It is also claimed that some traders have multiple IP addresses to access exchange data.

Complete News Source : Hindustan Times

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With new objectives and a new firearm, shooter Rudrankksh starts over.

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With new objectives and a new firearm, shooter Rudrankksh starts over.

After missing out on the Olympics, the youngster has shed over 10kgs and added the 50m 3P event to his schedule
New Delhi: Rudrankksh Patil is known for his nerdy, obsessive pursuit of shooting. He loves to read and research, and in a discipline where millimetres decide the podium, is not shy of tinkering with his equipment. His idea of de-stressing from shooting is to shoot more, and so when he missed the berth for the Paris Olympics, the youngster shook off the disappointment and returned to the range within days.

“I love the sport too much to stay away from it for too long. Not shooting for three days was more than enough for me. I didn’t go into mourning or anything. The people around me were more heartbroken than me. In fact, I was the one counselling my psychologist,” the 21-year-old laughed at the tragicomedy.

“I kept the quota for two years before fumbling in the trials. It’s okay. The disappointment has made me more determined.”

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It has also made him smarter. In the months since Sandeep Singh and Arjun Babuta pipped him in the domestic Olympic trials for the 10m air rifle event, the 21-year-old changed his equipment, shed weight, gained muscle, reset his perspective, and developed an admiration for French swimming sensation Leon Marchand. He is now trying his hand in the tough 50m 3Positions event.

At the recent national championships, Patil made his competitive debut in the new event but couldn’t make the senior final. He finished fourth in his pet 10m event, and in the junior final that followed, breached the world record score of China’s Olympic champion Sheng Lihao with an incredible 254.9 (24 shots). It won’t be ratified as a world record due to the world body’s (ISSF) stipulations, but it does reaffirm Patil’s belief in his ability.

“To hit form early in the season is very encouraging. I am also very keen to get better at 50m as it gives me a better chance to make the Indian team for multi-discipline events,” he said. Patil wanted to try the gruelling event two years back. However, he was dissuaded by his coach Ajit Patil who thought taking up a new event two years before the Olympics wasn’t a great idea. With the new Games cycle having just begun, time was ripe to try something new. A nudge from Paris 50m 3P bronze medallist Swapnil Kusale helped.

“I have always looked upto Swapnil as we come from the same state (Maharashtra). He encouraged me to try 50m. I also noticed that a lot of top rifle shooters compete in both events. Even in India, Aishwary Pratap Singh Tomar manages the two events very well. In pistol, Rhythm Sangwan and Manu Bhaker have shown that one can compete in two events,” he said.

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While Patil’s robust frame did help with stability across the three positions (standing, kneeling and prone), his 96kg bodyweight began to put extra pressure on his knees. So, the youngster fixed his nutrition and sleep patterns and hit the gym. The result is shedding 13kg in three months.

Another major change post-Olympics is his rifle. Patil, who shot with Austrian Steyr, has switched from Walther to Feinwerkbau, though he still swears by the Walther’s accuracy. “I think there’s not much difference in the barrel between Walther and Feinwerkbau since both are of German make, but I feel the stock of Feinwerkbau has better weight balance and fits my body best.”

The Paris miss has also taught Patil the importance of letting go, although he learnt it at the cost of his health. Two months before the four-stage selection trials, Patil observed a tiny dark patch on his ankle. He initially dismissed it, but it began to spread. It was later diagnosed as an auto immune disease that’s triggered by stress.

“I don’t recall the name of the condition, but the physical toll of stress is real. We do have psychologists to help us with the mental turmoil, but a lot of shooters lose hair or develop digestive issues because of competition stress. In my case, I got this disease,” he said.

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Patil competed in the trials with the marks and itching spreading all over his body, which affected his alignment at the firing point. “It really shook my focus and I decided to address it after the trials. Thankfully, it’s almost gone now but the fear of contracting something like this again is still there,” he said.

With the new year knocking, Patil has his resolutions in place. Chief among them is to match his training scores in competitions, win back his world No.1 rank and start peaking for the 2026 Asian Games. The only way to realise those goals is to shoot more, which is hardly an issue with Patil.

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