The CBI detained Anand Subramanian, a former NSE group operations officer, late Thursday night, days after being questioned about his involvement at the country’s leading stock exchange.
Anand Subramanian was also served with notices by the central investigation agency as part of an investigation into NSE irregularities (National Stock Exchange).
In the course of the probe, emails exchanged between the NSE’s former CEO Chitra Ramkrishna and a ‘yoga’ living in the Himalayas have gotten a lot of attention. IN THE ‘ TICK-BY-TICK ‘ MANIPULATION CASE, the CBI questioned Ramakrishna for 12 hours last week, which involves the unfair transmission of information from the exchange’s systems to stockbrokers.
Ramkrishna was fined Rs 3 crore by market regulator Sebi (Securities and Exchange Board of India) earlier this month for exchanging confidential information over email with this ‘yogi,’ an unknown individual.
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