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.
Arjun Menon looks at some Tamil films from the last decade that tick all the right boxes, and lists where you can watch them.
While almost all the members belonging to the ruling National Democratic Alliance took oath by swearing in the name of god, Human Resources Development Minister Prakash Javadekar, who was re-elected to the Upper House from Maharashtra, took oath affirming his allegiance to the Constitution of India.
Ramkrishna's exit comes at a time when NSE has been in focus over a new regulatory framework for high frequency trades and co-location facilities, which some believe give undue advantage to some brokers and traders
The mysterious Himalayan 'yogi' who allegedly advised Chitra Ramkrishna, former managing director and chief executive officer of the National Stock Exchange (NSE), on important matters of the bourse could be none other than Anand Subramanian, according to a letter written by former NSE chairman Ashok Chawla to the Securities and Exchange Board of India (Sebi). Subramanian was group operating officer of the NSE and advisor to Ramkrishna during 2015-16. He joined as chief strategic advisor in April 2013.
'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'
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.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
'The Centre and state need to take a unified approach and take concerted action before this matter assumes menacing proportions because unemployment, the drug trade and the levels of frustration among the youth make them vulnerable to any maverick who promises something better.'
I telephoned Chief Minister Darbara Singh and asked him why this carefully thought-out plan had suddenly been aborted. The Chief Minister sounded very agitated and all he said was that this was not his decision, but the orders had come directly from Home Minister Zail Singh. A fascinating excerpt from retired IAS officer Ravi Sawhney's book, Living A Life.
Those transferred include special secretary of health and family welfare Udit Prakash Rai, a 2007 batch IAS officer of AGMUT cadre.
According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.
Four films are releasing today, which one are you looking froward to?
Ashish Chauhan is generous in his praise for his former bosses and doesn't flinch in pointing out the reasons why the BSE lost out in the initial years of the NSE.
The dreaded encephalitis, a mosquito-borne disease, has killed 92 children, mostly Mahadalits, while more than half a dozen are still fighting for their life in Bihar's Gaya district, state health officials said on Thursday.
Prayaag Akbar tells the story of 1,000 years of caste-based repression, and of a people's quest for dignity under a democracy that has failed them.
Inviting private sector in Indian Railways is a good idea.
Khattar, Dushyant and some ministers will be sworn-in at 2.15 pm at the Haryana Raj Bhavan on Sunday.
The Serb set up the breakaway PTPA on the eve of the US Open in September and resigned as head of the player council but last month he confirmed that he had been nominated by his fellow professionals for the current elections which he accepted.
The city's overall air quality index stood at 306 on Friday.
President Pranab Mukherjee presented five Padma Vibhushan, eight Padma Bhushan and forty-three Padma Shri awards at the Rashtrapati Bhavan in New Delhi.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Moving the Muslim Women (Protection of Rights on Marriage) Bill, 2019 in the Upper House, Law minister Ravi Shankar Prasad said the proposed legislation should be not seen through a political prism or vote bank politics, as it aims at ensuring gender dignity, justice and equality.
'The selection process of the CBI chief has not been appropriate.' 'Three successive CBI directors have been found in corrupt moral practices.' 'A thorough investigation needs to be done before appointing anyone to such a post.'
'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'
The government on Friday informed the Parliament that Sebi has discovered discrepancies in the claims by the bondholders and the database provided by Sahara Group in the Rs 20,000-crore (Rs 200 billion) investors money refund case.
A round-up of Indian athletes' performances on Day 4 of the Asian Games, in Incheon, on Tuesday.
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
What are the most worrisome aspects of climate change for India? Can they be solved?
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Director Ezhil attempts to infuse a dose of humour into a tale of enemity.
The disagreements over what needs to be done on floodplains allows for illegal takeover by land mafia till nothing is left, observes Sunita Narain
Entertainment has become a huge aspect of weddings.
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