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.
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ISKCON Navi Mumbai to Launch 7-Lakh Bhagavad Gita Distribution Drive from December 1
ISKCON Navi Mumbai is set to begin one of its largest spiritual outreach initiatives with the launch of a 7-lakh Bhagavad Gita distribution drive starting December 1. The campaign, which will run till January 15, 2026, aims to deliver copies of the Gita to households across Navi Mumbai through temples, public spaces, and community centres.
The initiative marks the first anniversary of the ISKCON Kharghar temple, inaugurated last year by Prime Minister Narendra Modi. In celebration of the milestone, the temple has planned a series of activities to deepen public engagement with spiritual teachings. As part of the outreach, ISKCON will organise Gita study classes, especially designed for youth and working professionals. According to officials, thousands have already registered for these sessions, reflecting the growing interest in spiritual learning.
The anniversary celebrations from January 13 to 15 will include various devotional events such as Abhishek rituals, the traditional Nauka Vihar (boat festival), and a grand elephant procession through Kharghar. These festivities aim to bring the community together in a vibrant display of culture and devotion.
Temple president Dr. Sura Das stated that the mission is to “gift a Bhagavad Gita to every household,” enabling more people to access its timeless teachings. ISKCON leaders expressed confidence that the wide-reaching campaign will promote spiritual awareness and strengthen community bonds across the city.
The distribution drive is expected to be one of the largest of its kind in Navi Mumbai.
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Navi Mumbai Crime Branch Busts Ganja Racket in Kalamboli, Four Arrested
The Navi Mumbai Crime Branch has dismantled a ganja smuggling racket operating in Kalamboli, leading to the arrest of four individuals and the seizure of a significant quantity of narcotics. Acting on a reliable tip-off received by Police Constable Omkar Bhalerao, officials learned that ganja was being sold near DD Dhaba on Roadpali Link Road in Sector 16.
A special team from the Central Crime Branch, led by Police Inspector Sunil Shinde and operating under the supervision of ACP Ajaykumar Landge, immediately launched a planned operation. When the suspects arrived at the location in a Swift Dzire car, police intercepted the vehicle and conducted a search, which resulted in the recovery of 5.5 kg of ganja.
In addition to the narcotics, the police confiscated the suspects’ car and four mobile phones, bringing the total value of the seized items to approximately Rs 9.90 lakh. The arrested individuals were taken into custody at the spot.
Following the operation, a case was registered at Kalamboli Police Station under Sections 20(b) and 8(c) of the Narcotic Drugs and Psychotropic Substances (NDPS) Act. Officials stated that the crackdown is part of an intensified effort to curb drug-related activities across Navi Mumbai and ensure a drug-free environment in the region.
Investigations are underway to determine the source of the ganja and identify any additional members connected to the network. Police indicated that more arrests are likely as the probe continues.
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Gold Chains Worth ₹10.5 Lakh Stolen at Rolling Loud India; Four Attendees File Complaints
A series of thefts marred the two-day Rolling Loud India music festival held in Kharghar, Navi Mumbai, after four attendees reported that their gold chains—collectively valued at Rs 10.50 lakh—were stolen amid the massive crowd. The incidents occurred on Sunday evening, between 6 pm and 10 pm, during peak performances when thousands of fans had gathered near the stages.
According to police officials, the victims stated that their chains were forcibly pulled off their necks in the dense crowd without their notice. All four individuals have lodged formal complaints at the Kharghar Police Station, prompting authorities to begin an investigation. Police are currently reviewing CCTV footage, analyzing crowd movement, and checking for known pickpocket groups that typically target large gatherings.
The thefts have raised concerns about the security arrangements at the international festival, which saw heavy footfall throughout the weekend. This is not the first time such incidents have been reported at major concerts in the Mumbai region, with similar cases emerging during previous large-scale events.
Besides the thefts, attendees took to social media to express dissatisfaction over event logistics, particularly the significant distance between the two main stages, which made moving between performances difficult amid the crowd.
The police have assured attendees that efforts are underway to identify the culprits and recover the stolen jewellery. Further updates are expected as the investigation progresses.
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