• Ramakrishna was arrested by the CBI, a day after a court in the national capital dismissed her anticipatory bail plea. On Monday, the CBI produced ex-CEO of NSE before Special Judge Sanjeev Aggarwal and sought a 14-day custodial interrogation in the case.
  • A Special CBI Court on March 7 sent former Chief Executive Officer of the National Stock Exchange Chitra Ramakrishna to a seven-day CBI custody in connection with the NSE COlocation case, CNBC-TV18 reported.
  • During the hearing in the court, the CBI said that Chitra refused to answer questions when confronted with Anand Subramanian. The CBI also said that the former NSE CEO failed to cooperate and is being evasive. That apart, CBI said that Chitra claimed she did not recognise Anand Subramanian, while over 2,500 mails were exchanged between Chitra and Anand, which need to be investigated.
  • The CBI had earlier too, claimed that Chitra was 'evasive' and not cooperating with the investigating officials. The investigative agency had recently questioned Ramkrishna in the NSE co-location case while, the Income Tax (I-T) Department earlier raided various premises linked to Ramkrishna in Mumbai and Chennai. Ramkrishna has also been on the radar of the Securities and Exchange Board of India (SEBI).
  • SEBI has levied a fine of Rs 3 crore on Ramkrishna, Rs 2 crore each on NSE, Subramanian, former NSE MD and CEO Ravi Narain, and Rs 6 lakh on VR Narasimhan, who was the chief regulatory officer and the compliance officer.