Sebi drops charges against NSE, Chitra Ramkrishna, Ravi Narain & other officials in co-location case
The Securities and Exchange Board of India (Sebi) has dropped charges of fraudulent and unfair trade practices against the National Stock Exchange (NSE) and its seven former employees, including Chitra Ramkrishna and Ravi Narain, in the co-location case, citing lack of evidence. “Due to the absence of sufficient material/evidence/objective facts on record in this case,…