March 14, 2022
1 min read

Chitra Ramkrishna sent to 14 days judicial custody

The CBI had on March 6 arrested Chitra Ramkrishna, accused of grave lapses at India’s largest stock market including sharing confidential information with an individual…reports Asian Lite News

Chitra Ramkrishna, the ex MD and CEO of the National Stock Exchange (NSE), who was arrested by the Central Bureau of Investigation (CBI) in connection with the NSE co-location case, was on Monday remanded to fourteen days judicial custody by Delhi’s Rouse Avenue court.

Ramkrishna was produced before the special court after the expiry of her custodial remand. After Monday’s hearing, the court remanded her to 14-day judicial custody. She will be lodged at Tihar Jail.

The CBI had on March 6 arrested Chitra Ramkrishna, accused of grave lapses at India’s largest stock market including sharing confidential information with an individual. She was produced before the court on March 7 after her anticipatory bail plea was rejected by the court a day earlier.

Anand Subramanian, the ex Group Operating Officer, was also arrested by the CBI. He was interrogated at length during the custodial period. He is also currently in judicial custody.

The federal probe agency is probing the matter since May 2018 but they haven’t found any concrete evidence to identify mysterious Himalaya Yogi with whom the classified information was shared by Ramkrishna.

Recently, the SEBI had imposed a fine of Rs 3 crore on her, following the market regulator finding that she allegedly shared vital inputs about the NSE with the yogi. “Information regarding organisational structure, dividend scenario, financial results, human resource policies and related issues, response to regulator, etc, were shared by her with the yogi,” said the source.

Between 2014 and 2016 she sent emails at rigyajursama@outlook.com.

On April 1, 2013, Ramkrishna became the CEO and MD of NSE. She brought Subramanian to NSE as her advisor in 2013.

ALSO READ: CBI likely to seek two week custody of Chitra Ramkrishna

Previous Story

Ukraine revisits recruitment of foreign mercenaries

Next Story

UN should move Headquarters out of US: Russia

Latest from India News

Who Gets the Gloves for India 

Bangar feels it’s not feasible for India to play both Rahul and Pant in the same eleven, pointing out that the side can promote one of their spin-bowling all-rounders like Ravindra Jadeja

Jaishankar, UNGA Prez discuss UN agenda 

UNGA President Philemon Yang visits India for high-level talks with External Affairs Minister S Jaishankar, focusing on multilateral reforms and global cooperation.  External Affairs Minister S Jaishankar met Philemon Yang, President of

Exit polls predict BJP win in Delhi  

The exit polls, released after conclusion of polling in Delhi assembly elections, predicted that Congress is likely to continue its dismal run. ..reports Asian Lite News With most exit polls predicting that Bharatiya
Go toTop

Don't Miss

Quad denounces Russian nuclear threats

The Foreign Ministers of the Quadrilateral Security Dialogue met on

‘India’s G20 presidency diplomatic achievement of 2023’

India assumed the G20 Presidency on December 1, 2022…reports Asian