NSE managing director and CEO Vikram Limaye on Wednesday said that he will not seek a second term at the stock exchange when his five-year term ends in July. This comes amid the National Stock Exchange (NSE) facing the regulatory probe in a case related to governance lapses at the bourse as well as in the co-location matter. "I have informed the board that I am not interested in pursuing a second term and will therefore not be applying and participating in the process that is underway. My tenure ends on July 16, 2022," Limaye said in a statement.
But her name surprisingly figured among the Indian participants in the entry list issued by the International Association of Athletics Federations (IAAF) late on Saturday.
Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not "dilute" any of the quasi-judicial verdicts. The comments assume significance as they come after Finance Minister Nirmala Sitharaman, as per reports, recently said the government is examining if Sebi has taken "necessary punitive" action in the case. In a media interview, the FM had said the government was analysing if there had been "enough application of mind in dealing with this" and if after applying its mind, Sebi took adequate corrective steps.
'I just want to keep on working till they have to shoot me down.'
Chitra Amritraj had an arranged marriage, unlike her parents, and her American journey has included challenges very different from what her husband Ashok encountered, discovers Arthur J Pais.
Ramkrishna gave 'frequent, arbitrary and disproportionate' increase in compensation to Subramanian when there was no evidence of any performance evaluation being done for him and nor was there any evidence to satisfy the rating of A+ given to him for giving such high increment.
The Amravati Police had clamped the curfew on Saturday for four days after stones were hurled at shops during the bandh called by Bharatiya Janata Party, a day after incidents of stone-pelting took place during a rally called by a Muslim organisation in protest against the purported communal violence in Tripura.
In May 2019, Sebi had penalised the NSE as well as two of its former heads - Narain and Chitra Ramkrishna - for allowing Sampark to provide the dark fibre connectivity to stock brokers, despite not having the authorised licence. Dark fibre refers to an unused optical fibre used for high-speed connectivity.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
'What is happening now is the virus is trying to survive inside us, and we are also trying to survive.' 'It is actually a fight. And the advantage the virus has is it multiplies very, very fast.' 'Within a second it can make 100 copies. Our cells are not like that.'
A mob hurled stones at shops during the bandh (shutdown) allegedly organised by local Bharatiya Janata Party workers in protest against the rallies organised by Muslim organisations the day before to condemn the recent violence in Tripura, police said.
Most of the 40 MLAs in the Shinde camp don't have enough legislative experience to conduct business in the House and so the first ministry expansion needed induction of veterans.
With the airline industry in recession, those training to be pilots may not find a job after spending lakhs on their airborne dreams. Is there any hope?
The victim had suffered serious injuries in her private parts and there was a severe loss of blood in the incident. She was fighting for life at the Rajawadi Hospital since the early hours of Friday, an official said.
CPI-M veteran Pinarayi Vijayan, who led the Left Democratic Front (LDF) to an unprecedented consecutive victory in the April 6 assembly polls, on Thursday took oath as chief minister of Kerala for the second time along with 20 ministers.
The home ministry dispatched a terse reminder to the West Bengal government on Wednesday to submit a detailed report on the post-poll violence in the state, warning it that the matter will be taken 'seriously' in case it fails to do so, and asked it to take necessary measures to stop such incidents 'without any loss of time', officials said.
'The government needs to think if a draconian, outdated and colonial law is needed in a democratic, multi religious, diverse country governed by a democratic government.'
In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.
Anant Pai, better known as Uncle Pai, the founder of Amar Chitra Katha and Tinkle comics passed away in Mumbai. The 81-year-old had been admitted to a hospital last week. Pai suffered a massive heart attack on Thursday and breathed his last in the evening.
A summary of sports events and persons who made news on Saturday
'I cannot be confined to just one or two kinds of music.'
A constable attached with the marine unit of the city police died on Monday morning after he fell off a speed boat during patrolling near the cargo vessel MSC Chitra, which had collided with another vessel. The victim, Ramesh Tukaram More, 45, and three other constables were patrolling in a speed boat in the wee hours of Monday at approximately 1.5 nautical miles from the Chitra.More's body was recovered by life guards later and sent to the state run J J Hospital.
NCP chief Sharad Pawar said that Malik is being troubled because he spoke against the Union government and 'misuse' of central probe agencies.
In these simple instructional videos, dance instructor Chitra Lahoti shows you basic Garba and Dandiya moves. So get ready for Navratri, starting September 19!
'We don't have any more time.' 'We should close down, and vaccinate as many people as possible.'
Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Canine lover and dog trainer Pooja Sathe Gawande answers your queries.
Ahead of India's 69th Independence Day, a special comic book is all set to be released this week chronicling the life, valour and sacrifice of 21 awardees of the Param Vir Chakra, the nation's highest military decoration.
The top six fashions trends to watch out this summer!
Murthy's life story is to be the content of a new comic to be brought out by Amar Chitra Katha, the popular comic book series, making him the first living person to be featured in the Amar Chitra Katha series, which mostly focuses on popular Indian myths and legends.ACK Media, the publisher, will follow this up with stories of famous personalities like cricketer Sachin Tendulkar and former Indian President and Bharat Ratna award winner, APJ Abdul Kalam.
Read on to find out more!
India's gold haul from track-and-field continued at the Asian Games on Thursday, culminating in its best showing at the continental showpiece in close to seven decades. However, there was heartbreak in the hockey arena as its men's team was beaten by Malaysia in the semi-finals.
Dietician Komal Jethmalani provides the answers.
'Tanhaji has so much fun recreating a bygone legend and fictionalising history, authenticity and spellings, it gets infectious,' feels Sukanya Verma.
Siva Sankar looks at S P Balasubrahmanyam's fantastic repertoire.
'Unless some serious steps like complete closedown are taken, it will have disastrous consequences.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances