Tag - NSE

India stock market bloodbath wipes off billions of investors’ wealth


Mumbai: The Bombay Stock Exchange (BSE) benchmark Sensex's 1,628 point crash wiped out Rs 4.59 lakh crore from investors' wealth in a single day. It was the biggest single-day plunge for both the Sensex and NSE index Nifty in 19 months. While the Sensex tanked by 1,628 points to end the day at 71,500.76, Nifty...

NSE board gives sanction to CBI to prosecute Chitra Ramkrishna


Mumbai: Leading stock exchange NSE’s board has given its approval to the Central Bureau of Investigation (CBI) to prosecute its former MD and CEO Chitra Ramkrishna in the co-location scam case, sources said. The CBI was awaiting the go-ahead of the board of National Stock Exchange of India (NSE) to prosecute Ramkrishna following her arrest in...

Delhi HC grants bail to ex-NSE chief Chitra Ramkrishna


New Delhi: The Delhi High Court granted bail to former National Stock Exchange (NSE) Managing Director and CEO Chitra Ramkrishna in a money laundering case registered by the Enforcement Directorate (ED) related to the alleged illegal phone tapping of employees. The ED in September last year, had filed a charge sheet in the Rouse Avenue Courts...

Who is NSE ex-CEO’s mysterious ‘Himalayan’ yogi?


New Delhi: Who is (or was) the mysterious yogi in the Himalayas advising NSE’s ex-CEO Chitra Ramkrishna on matters of the stock exchange is the question on the minds of everybody with even a passing interest in financial markets. Consultancy firm EY has pointed out Anand Subramanian, NSE’s former Group Operating Officer and Ramkrishna’s close...

Adani Group cos say FPI accounts not frozen


New Delhi: Denying freezing of accounts of three foreign portfolio investors (FPI) holding shares in Adani Group companies by the NSDL, group companies have said that such reports are "erroneous" and "misleading". In separate communications to the BSE and the National Stock Exchange (NSE), all the listed Adani Group companies said that it has confirmation...