On Monday, frontline equity indices continued to inch lower for the fourth consecutive session. On the Bombay Stock Exchange (BSE), 611 stocks advanced, 2,980 declined, and 116 remained unchanged with advance decline ratio of 0.20 indicating weakness in broader market.
The Delhi HC on Wednesday granted bail to former NSE boss Chitra Ramkrishna in the co-location scam case but she won’t be released as she continues to be in judicial custody in a money laundering case related to alleged illegal phone tapping and snooping of some employees of the bourse.
The CBI had arrested Subramanian on February 24, while Ramkrishna was arrested on March 6, a day after her anticipatory bail was dismissed by a trial court.
The Delhi High Court on Wednesday granted 'statutory bail' to Chitra Ramakrishna, the former CEO-MD of National Stock Exchange (NSE), and former NSE official Anand Subramanian in the NSE co-location scam case.Justice Sudhir Kumar Jain granted .