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Chitra Ramkrishna was arrested by CBI earlier this month after four days of questioning.
New Delhi:
Former National Stock Exchange (NSE) Chief Executive Chitra Ramkrishna, accused of grave lapses at India’s largest stock market including sharing confidential information with an individual she dubbed a “Himalayan yogi”, has been sent to jail for 14 days in the market manipulation scam.
She was arrested by the Central Bureau of Investigation earlier this month after four days of questioning.
The case — involving an unfair advantage in trading to some brokers — was filed in 2018.
The agency is probing allegations of improper dissemination of information from the computer servers of the market exchanges to stockbrokers in what has come to be known as the “co-location scam”.
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