Page 7 - Isec Securities News Today

On the directions of Union Ministry of Home Affairs (MHA), the Central Bureau of Investigation (CBI) has registered a new case against former National Stock Exchange (NSE) chief Chitra Ramkrishna and ex-Mumbai police commissioner Sanjay Pandey ...

Moreover, Rs. 4.45 crore (approx.) was allegedly paid to the said private company for this activity.

The Central Bureau of Investigation (CBI) is conducting raids in Mumbai, Pune and in several other parts of the country in this connection.

The FIR is related to the co-location scam, which pertains to giving preferential trading access of the National Stock Exchange to certain brokers.

Illegal phone tapping case NEW DELHI, July 8: The CBI has registered an FIR against former Mumbai Police Commissioner Sanjay Pandey and former MD and CEO of NSE Chitra Ramkrishna for the alleged illegal phone tapping of the stock market employees by the former’s Information Technology company, officials said on Friday. The CBI action comes following a complaint from the Union Home Ministry, they said. In addition to Pandey and Ramkrishna, who is in judicial custody in connection with NSE [...

Pandey is being questioned by the ED over the activities of iSec Securities Pvt. Ltd., among the many companies that performed a security audit of the NSE around the time the suspected co-location irregularities occurred.

Mobil Jamuna Bangladesh, a listed lubricant seller, is going to add another oil tanker to its fleet in order to increase its oil trading capacity as well as rent the vessel out to others.