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This comes a week after the CBI booked them. The CBI had alleged that Narain and Ramakrishna had roped in a company founded by the now retired Mumbai police commissioner Pandey to snoop on the stock market employees by illegally intercepting their phone calls, , chitra ramkrishna, NSE Chief, NSE SCAM, enforcement directorate
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The whole scenario came to light after Securities and Exchanges Board of India (SEBI) made public its findings in connection with alleged unfair practices at NSE between 2010 and 2015.
The search comes at a time when the exchange is under the regulatory scanner for alleged wrongdoings with CBI even questioning former CEOs of the bourse.
The Project Apostle summary provides some answers to the two key questions that the NSE had tasked EY to find answers for.