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

‘India sent clear message to Pak’

Delivering the remarks at the Indian Consulate, Tharoor noted the visit by the members of the all-party delegation to the 9/11 Memorial was their first stop Congress MP Shashi Tharoor on Saturday

Indian diaspora in Japan backs Operation Sindoor

Members of the Indian diaspora in Japan have strongly endorsed Operation Sindoor, India’s targeted military response to the April 22 terror attack in Pahalgam, Kashmir, praising Prime Minister Narendra Modi’s leadership and

What Sri Lanka Can Learn from Pahalgam

If Sri Lanka’s support for India in combating terrorism is genuine, how can Pakistan—widely accused of using terrorism as a tool against India—be treated as an equal partner….writes A. Jathindra While references
Go toTop

Don't Miss

‘T20 World Cup to Offer Carnival Feel for Fans’

The tournament is new for everybody and a lot of

180+ countries to join Modi-led Yoga event at UN

After celebrating Yoga Day in New York, the prime minister