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Chitra Ramkrishna has been placed in the custody of CBI

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Former National Stock Exchange (NSE) CEO Chitra Ramkrishna has been placed in the custody of the CBI for seven days. In the co-location scam case, she was arrested in New Delhi by the primary investigating agency on Sunday.

In its judgment, the court stated that Ramkrishna shall be questioned by the Central Bureau of Intelligence (CBI) while being monitored by CCTV. The court has ordered that Chitra Ramkrishna be subjected to a medical examination every 24 hours while permitting her lawyers to visit with her every evening.

The public prosecutor stated Ramkrishna was “not cooperating with the inquiry” and had to face “almost 2,500 incriminating emails” when he presented the CBI’s case to Special Judge Sanjeev Aggarwal.

The CBI further claimed that the former NSE CEO “refused to reveal any past relationship” with co-accused Anand Subramanian, even refusing to acknowledge him.

The magistrate, on the other hand, questioned the CBI about the investigation’s poor pace and why other people identified in the FIR had not been arrested yet.

“What about the other defendants identified in the FIR? They are the primary recipients. So, how about them? No action was taken for four years. FIR was kept in a cold storage facility “The judge made a remark.

“It would seem that the custodial inquiry of the above suspected would be required to find out the thorough modus operandi embraced by this accused person in conspiracy with other co-accused individuals involved in the present case, such as co-accused Anand Subramanian, the present case may be of unimaginable magnitude,” the court stated in its order granting Ramkrishna’s custody to the CBI.

The court further stated that Chitra Ramkrishna would be subjected to a solitary interview to confront Anand Subramanian, who is now in police custody.

The court order stated that this could assist investigators in “finding out the full ramifications of the transactions in question, as well as digging out voluminous digital evidence about this case, as well as finding out the role of other players in this case of swindling institutional investors, foreign institutional investors, and honest retail investors.”

For the next hearing, in this case, Ramkrishna will be brought before the court on March 14.

What is the scam of co-location?

The CBI had questioned her for three days in a row before arresting her and searching her home.

Ramkrishna, who was the Chief Executive Officer (CEO) of NSE from 2013 to 2016, was also questioned by a top psychologist from the Central Forensic Science Laboratory.

On Sunday, the CBI arrested her on suspicion of giving evasive replies during the interview. Her anticipatory bail motion was denied by a Delhi court on Saturday.

In 2018, the CBI filed an FIR about the co-location scam. According to the CBI, the case includes a Delhi-based stockbroker who, according to the CBI, was able to obtain knowledge regarding stock trades ahead of others.

The matter came to light after the Securities and Exchange Board of India (Sebi) charged Chitra Ramkrishna and others with unfair conduct on February 11, including the nomination of Anand Subramanian as group operating officer of the National Stock Exchange of India (NSE).

SEBI also revealed in its order that Ramkrishna communicated private information regarding the National Stock Exchange via email with a “mystery yogi.” Many people connected with the case believe it was Anand Subramanian who was the “mystery yogi.”

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NMMC Steps Up Road Repairs Ahead of Ganeshotsav

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Potholes and damaged roads to be fixed on key routes used for Ganesh idol processions and immersions.

The Repairs

With Ganeshotsav just around the corner, the Navi Mumbai Municipal Corporation (NMMC) has stepped up efforts to make city roads safer and smoother for residents and devotees.

NMMC Commissioner Dr. Kailas Shinde has directed officials to inspect damaged roads and take up urgent repairs, with priority being given to routes that will witness the movement of large Ganesh idols and immersion processions. Engineering teams are inspecting roads for potholes, uneven surfaces, damaged manholes and problems with storm-water drains. Since the monsoon is still active, temporary repairs are being carried out using materials such as cold mix and mastic geopolymer. Permanent road surfacing will be taken up once there is a sufficient break in the rainfall.

To improve monitoring, officials are also geo-tagging potholes so that their locations can be tracked and repairs can be completed without missing important stretches. The civic body is also working on improving street lighting, cleanliness and facilities at immersion points to make the festival more convenient for citizens.

For many residents, smooth roads are more than just a civic issue during Ganeshotsav they are essential for ensuring that processions can move safely and families can participate in the celebrations without worrying about potholes and damaged stretches. NMMC has also appealed to citizens to cooperate with the civic authorities and celebrate the festival responsibly, while keeping the city clean and environmentally friendly.

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NMMC Orders Crackdown on Footpath Encroachments Near Schools

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Civic chief directs action against illegal hawkers, pan shops and late-night food stalls ahead of Ganeshotsav.

The Hawkers

With Ganeshotsav approaching, the Navi Mumbai Municipal Corporation (NMMC) has stepped up preparations to make roads and public spaces cleaner and safer. NMMC Commissioner Dr. Kailas Shinde has ordered a special drive against footpath encroachments and unauthorised stalls, particularly near schools, hospitals, railway stations and busy markets.

Ward-level teams will be formed to identify and remove illegal encroachments. While authorized hawkers may be shifted to suitable alternative locations, unauthorised vendors will face immediate action.

A major focus will be on pan shops operating near educational institutions. Officials have been instructed to ensure that no pan shop operates within 50 metres of a school or college. The civic body will coordinate with school authorities and the police to prevent young people from being exposed to tobacco and narcotic substances.

NMMC will also deploy night squads to tackle illegal food stalls on public roads. Such stalls will not be permitted to operate beyond 11 p.m. The Commissioner has further directed officials to repair potholes, trim trees along Ganesh procession routes, improve street lighting, remove unauthorised banners and prepare artificial immersion ponds. The civic body’s latest instructions aim to ensure that residents can celebrate the festival in a cleaner, safer and more organised Navi Mumbai.

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NMMC Music Teacher Nilima Upadhyaya Nominated for Best Teacher Award

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Her dedication to music and students earns recognition at the Best Teacher 2026 Awards.

The Award

Music teacher Nilima Upadhyaya from NMMC CBSE School No. 94 in Kopar Khairane has been nominated for the prestigious Best Teacher 2026 Award, recognizing her dedication to music education and her students.

A trained Hindustani classical vocalist, Upadhyaya has been encouraging children to explore music while helping them develop confidence, discipline and stage presence. For her, teaching music is not just about learning notes and songs it is about helping children discover their own voice.

Her efforts have also brought recognition to the school. Last year, the school’s music group, trained under her guidance, won a district-level trophy at an NMMC-organised music competition. Upadhyaya’s connection with music began at the age of three, when she started learning from her mother. Even after becoming a teacher, she continued to learn from different music gurus and work on improving her own skills.

The award nomination has added another proud moment to her journey. She believes that watching her students perform confidently and develop a genuine love for music is one of the most rewarding parts of her profession.

Upadhyaya will be honoured at an event scheduled to be held on September 6 in Ulwe, celebrating teachers who have made a meaningful difference through their work.

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