Income tax raid at former NSE CEO Chitra Ramakrishna’s house

There has been an income tax raid at the residence of former National Stock Exchange (NSE) CEO Chitra Ramakrishna in Mumbai. He is accused of sharing confidential information with a spiritual teacher.

There has been an income tax raid at the residence of former National Stock Exchange (NSE) CEO Chitra Ramakrishna in Mumbai. He is accused of sharing confidential information with a spiritual teacher. Earlier, on February 11, the Securities and Exchange Board of India (SEBI) imposed a fine on Ramakrishna. The market regulator had imposed a fine of Rs 3 crore on Chitra for sharing internal confidential information of the exchange with some unknown person. Apart from this, Chitra is also accused of irregularities in the appointment of a senior officer, Anand Subramanian. NSE and senior management were also responsible for this.

Ramakrishna had said that he was being advised by a yogi living in the Himalayas on decisions regarding Subramanian’s compensation. As per the SEBI order, Ramakrishna, who stepped down in December 2016, shared information such as management structure, dividend position, financial results, HR policy and related matters, response to the regulator, with the unidentified person. had shared. Chitra wrote from the email id [email protected] between 2014 and 2016.

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