Major decisions of the National Stock Exchange (NSE) were made for many years at the request of a yogi, but no one knows who this yogi is. The case is being investigated by the CBI. According to sources, this alleged yogi has no connection to the Himalayas and is not a Baba. It’s possible that a Finance Ministry bureaucrat played a key role in making Chitra Ramakrishna’s career so successful.
Former NSE CEO Chitra Ramakrishna has been accused of sharing confidential information with a spiritual guru. Ramakrishna was fined by SEBI on February 11th. Chitra was fined Rs 3 crore by the market regulator for sharing confidential exchange information with an unknown person.
Chitra became NSE’s first female MD and CEO in 2013. In 2016, he resigned from his position.
The situation must be thoroughly investigated.
According to sources, nothing will be revealed unless the CBI conducts a thorough investigation. Otherwise, it will suffer the same fate as the co-location scam investigation, and reaching Yogi will be difficult. More NSE officials may be questioned in this case, according to sources. In 2015, the co-location scam came to light. SEBI had left NSE by imposing a fine in this case.
Ramkrishna used to correspond with Yogi via email.
SEBI also learned from Yogi’s email conversation that this person knew everything there was to know about the NSE and its officials. Anand was an outsider who didn’t know a lot about NSE. In this case, it appears more likely that the alleged Baba was a member of the ministry.
Anand Subramaniam’s chances of becoming Baba are slim.
According to sources, Anand Subramaniam, the former Group Operating Officer of the NSE, has a slim chance of being Yogi Baba, because the way Chitra and Baba used to communicate via email suggests that this Baba is a powerful figure. Chitra and Baba exchanged emails about Subramaniam.
On April 1, 2013, Anand Subramaniam was named Chief Strategic Officer of NSE.
Ramakrishna met Yogi. It was 20 years ago.
The identity of the Himalayan yogi is still unknown. Only Baba’s email address, firstname.lastname@example.org, was found. During interrogation, Chitra Ramakrishna told SEBI that Yogi is a Paramhansa. You should live in the Himalayan range.
The encounter took place twenty years ago on the banks of the Ganges during a pilgrimage. Chitra used to email that incorporeal Baba, asking who needed to give how many ratings and who needed to be promoted. Baba was given access to all of the National Stock Exchange’s important information. Baba was even given the agenda for the board meeting. The yogi, according to Chitra, could appear anywhere he pleased.
Previously, I relied on the advice of an unseen yogi to make decisions.
Chitra Ramakrishna used to make decisions based on the advice of an unseen Himalayan yogi. He appointed Anand Subramaniam as an advisor to the Group Operating Officer and Managing Director in the exchange on the advice of this Baba. From April 2013 to December 2016, Chitra Ramakrishna was the MD and CEO of NSE. She used to make decisions influenced by an unnamed yogi during this time.
Chitra used to refer to Yogi Shiromani, a spiritual force who, she claims, has been guiding her in both personal and professional matters for the past 20 years. The yogi, according to Chitra, could appear anywhere he pleased.
Following a complaint, the market regulator SEBI began an investigation.
In 2015, a complaint was filed.
A whistleblower reported a co-location scam to the market regulator SEBI in 2015. It was said that there is a lot of rigging going on at the senior management level in NSE. Co-location scams are designed to benefit specific individuals by providing them with space in an exchange’s building near the server. Chitra’s name came up at the same time. Chitra had also received a show cause notice from SEBI at the time. After completing its investigation, SEBI recently released the report.
questioned a large number of people
The Central Investigation Agency (CBI) has questioned Ravi Narayan, a former Chief Executive Officer (CEO) of NSE, in the co-location case after questioning Chitra Ramakrishna. Chitra Ramakrishna, former NSE Group Operating Officer Anand Subramaniam, and former CEO Ravi Narayan have all been barred by the CBI. A lookout notice has been issued against all three, according to sources. This means that these three will be unable to leave the country.