India
In the NSE case the CBI is expected to detain Chitra Ramakrishna
Sources tell that Chitra Ramakrishna, the former chief of the National Stock Exchange (NSE), is likely to be detained by the Central Bureau of Investigation (CBI) after a Delhi court denied her anticipatory bail appeal on Saturday.
Chitra Ramakrishna had filed a court appeal seeking protection from the CBI’s detention. After the agency objected, her application was denied.
Officials may arrest her shortly, according to sources, but if she goes to the high court, the CBI will have to wait for an order.
Chitra Ramakrishna, NSE’s former Managing Director, and Chief Executive Officer are being investigated for allegedly sharing private NSE information with a “yogi who resides in the Himalayas.”
CBI officers had previously questioned her in Mumbai. Anand Subramaniam, her suspected close friend, and former Group Operating Officer of NSE was previously detained by the CBI.
Officials claim that the suspected discriminatory activities in NSE took place between 2010 and 2015. Ravi Narain was the NSE’s Managing Director and Chief Executive Officer until March 2013. At the time, Chitra Ramakrishna was the company’s, Deputy CEO. She succeeded Ravi Narain as CEO of the NSE, which she led until December 2016.
According to sources, the CBI took action in response to recent SEBI findings (Securities and Exchanges Board of India).
“As during inquiry into the matter of co-location facilities at NSE, SEBI came across all these documentary evidence, which illustrated that Notice No. 1 [Chitra Ramakrishna], former MD & CEO of NSE, had disclosed certain internal confidential information of NSE, viz., organizational structure, dividend scenario, financial results, human resources policy, and related issues, response to the regulator, etc., with an unfamiliar persuasion,” the SEBI said in its order on February 11.
According to sources, the CBI has new evidence in the co-location case against Chitra Ramakrishna.
In 2018, the CBI filed an FIR in a co-location case on the court’s directives. The CBI case involves a stockbroker who allegedly corrupted the NSE’s system with the cooperation of then-top officials to acquire access to the markets before anyone else when they opened.
Sanjay Gupta (promoter of OPG Security Pvt Ltd), Aman Kokrady, his brother-in-law, and data cruncher and researcher Ajay Shah, as well as anonymous NSE and SEBI employees, were listed as suspects in the investigation by the CBI.
The broker’s computer is located in the same area as the stock exchange’s server, which is known as co-location.
In comparison to other brokers, this gives brokers a time advantage. The broker whose computer is housed in the NSE’s server room has first access to market data, allowing them to profit handsomely from stock trading.
In the CBI investigation, broker Sanjay Gupta reportedly had access to the NSE’s co-location facility, allowing his firm, OPG Security Pvt Ltd, to acquire early access to data and earn massive financial profits.
Latest News
Housing Society Secretary Stabbed Over Elevator Dispute Near Navi Mumbai
Police arrest two men after an argument over a lift-related issue at a housing society turns violent.
The Case
The incident took place at Ashtavinayak Society in Adai village, Panvel taluka, around 11 pm on Tuesday. According to police, the dispute began over the society’s elevator repeatedly malfunctioning.
The victim, Vaibhav Ramchandra Patil, 43, was called to the ground floor by one of the accused, Vishwas Bhaskar Jadhav, 31, to discuss the lift problem. Jadhav was accompanied by Hrishikesh Suresh Satpute, 36. During the argument, Satpute allegedly attacked Patil with a knife, injuring his neck, chest, abdomen, back and thigh. Patil’s wife reportedly tried to intervene, but the accused allegedly pushed her away.
The entire incident was captured on CCTV cameras installed near the ground-floor elevator. Patil was admitted to Veer Hospital in New Panvel for treatment. Khandeshwar police arrested both accused and registered a case of attempted murder and other offences against them.
A Panvel court remanded the two men in police custody until October 9 for further investigation. The incident highlights how a dispute over a common housing society facility allegedly escalated into a violent attack.
Latest News
Nigerian National Arrested in Navi Mumbai with Drugs Worth Rs 3.57 Crore
Police seize a large quantity of suspected narcotics during an operation in Navi Mumbai and launch further investigations into the case.
The Drugs
Navi Mumbai police arrested a Nigerian national, identified as Anyi Ikechukwu Darlington, from his rented apartment in Rohinjan village, Taloja, on Thursday night.
According to police, the Anti-Narcotics Cell carried out the raid after receiving specific information about drug-related activities. During the search, officers recovered 2.497 kg of mephedrone and 566 grams of cocaine, with an estimated market value of Rs 3.57 crore.
Police said the accused had previously been arrested in a separate narcotics case in Mumbai in 2019. He was released on bail in 2025. A case has been registered against him under the Narcotic Drugs and Psychotropic Substances (NDPS) Act at Taloja police station.
Investigators are now trying to trace the source of the seized drugs and determine whether other people were involved in the alleged drug distribution network. The investigation is ongoing.
Latest News
NMIMS Navi Mumbai Students Promote Mental Health Awareness Through Street Theatre
Students use interactive games and creative performances to encourage open conversations about mental health and emotional well-being.
The Awareness
Students of NMIMS Navi Mumbai have taken an innovative approach to spreading mental health awareness through street theatre and interactive activities. The initiative aims to help people understand the importance of emotional well-being and encourage them to speak openly about mental health concerns.
The two-day Mental Health Awareness Week featured discussions on women’s physical and mental health, a student-led street play highlighting women’s safety and dignity, and activities designed to help participants understand human behaviour. A panel of experts discussed how social expectations, family environments, reproductive health and childhood experiences can affect women’s emotional well-being. They also stressed the importance of discussing women’s health without stigma or judgement.
Students took part in interactive activities focusing on memory, attention, decision-making and social behaviour. They also prepared posters explaining different psychological disorders to make information about mental health easier to understand. The street play highlighted how social inequalities and expectations can limit women’s freedom and choices. The event concluded with a karaoke session, giving students an opportunity to relax and interact with one another.
The initiative aimed to make conversations about mental health more open, reduce stigma and encourage students to understand the importance of emotional well-being.
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