Ravi Narain Archives

CBI has alleged that NSE had paid Rs.4.54 crore in 8 years to ISEC Services Pvt Ltd for carrying out illegal interception of phones of employees in the name of a cyber vulnerability study

Corruption

CBI charge sheets ex-Mumbai police commissioner Sanjay Pandey, NSE ex-CEOs Ravi...

Team PGurus - December 23, 2022 0

The case pertains to the alleged tapping of the phones of executives of the stock market The Central Bureau of Investigation (CBI) has filed a...

Ravi Narain's role is being investigated by the federal probe agency as part of two criminal cases linked to the bourse – the alleged co-location scam case and the purported illegal phone tapping of employees

Corruption

ED arrests former NSE MD Ravi Narain in illegal phone tapping...

Team PGurus - September 6, 2022 1

NSE illegal phone tapping case: ED arrests ex-NSE boss Ravi Narain The Enforcement Directorate on Tuesday evening arrested former National Stock Exchange (NSE) Managing Director...

ED has sufficient grounds to proceed with the investigation into the allegation of money laundering and to seek custodial interrogation of the accused to unearth the deeper conspiracy

Law and Order

NSE illegal phone tapping: ED registers case against former Mumbai CP...

Team PGurus - July 14, 2022 0

Phone tapping case: ED gets 4-day custody of ex-NSE MD Chitra Ramkrishna The Enforcement Directorate (ED) on Thursday filed a money laundering complaint against ex-Mumbai...

By allowing a co-location facility Bhave permitted NSE to create a privileged class who would enjoy the benefits of institutionalized and legalized insider trading and front-running

Corruption

How Bhave allowed co-location to flourish

Sree Iyer - May 20, 2022 1

Parts, 1 & 2 of this series, The eminent “Yes” man at SEBI – C B Bhave allowed NSE co-location scam, can be found...

Will the other, bigger fish in the NSE scam be named in the supplementary charge sheet?

Law and Order

NSE co-location case: Delhi court dismisses bail pleas of Chitra Ramkrishna,...

Team PGurus - May 12, 2022 0

CBI expected to file supplementary charge sheet A Delhi Special court handling corruption cases on Thursday dismissed the bail applications of the National Stock Exchange's...

A billion-dollar question is that only two accused were found by CBI in the mega stock exchange manipulation scam engineered during former FM Chidambaram’s tenure

Law and Order

NSE Co-location scam: CBI files charge sheet only against Chitra Ramkrishna...

Team PGurus - April 22, 2022 0

Why CBI is not questioning senior officials in Finance Ministry during P Chidambaram’s tenure The Central Bureau of Investigation (CBI) has filed its charge sheet...

In a written reply in the Rajya Sabha, MoS Finance said SEBI, after investigation into the matter involving NSE and other entities, has passed requisite orders

Law and Order

CBI, ED & Income Tax Department investigating irregularities in NSE co-location...

PGurus Newsdesk - April 6, 2022 1

Flaws in NSE co-location case being probed by various agencies: Govt With regards to the NSE co-location case, the Minister of State for Finance, Pankaj...

Denying Anand Subramanian bail, the court commented that this Himalayan Yogi is "as elusive as the Himalayan Yeti" and has been evasive through the investigation

Law and Order

NSE co-location scam: Court dismisses bail plea of Anand Subramanian. CBI...

Team PGurus - March 24, 2022 0

No bail for ex-stock exchange official A Delhi court on Thursday dismissed the bail application by National Stock Exchange's (NSE) former group operating officer (GOO)...

Sree Iyer does a step-by-step explanation of how co-location can harm the retail stock investor and the Mutual Fund community, by using simple examples. NSE did not have SEBI's permission before starting HFT & co-location in Jan 2010. Does this mean that all trades using co-location are illegal? Was SEBI told to look the other way? If yes, who told them? A must-watch!

Videos

NSE’s co-location feature destroyed the market for Retail Day traders

Sahil Mishra - March 15, 2022 0

Sree Iyer does a step-by-step explanation of how co-location can harm the retail stock investor and the Mutual Fund community, by using simple examples....