I-T Department raids premises of ex-NSE MD Chitra Ramkrishna
The Hindu
She had shared internal information of NSE with unknown yogi
The Income-Tax Department on Thursday conducted searches on the premises of former NSE chief executive officer and managing director Chitra Ramkrishna on suspicion of tax evasion.
The searches were carried out by the agency’s Mumbai unit after the Securities and Exchange Board of India (SEBI) on February 11 levied penalties on the NSE, Ms. Ramkrishna and others for violating rules while appointing Anand Subramanian as the group operating officer and advisor to the then managing director of the exchange.
SEBI also found that Ms. Ramkrishna shared various internal information of the NSE with an unknown yogi. It was alleged that she also consulted the unknown person on email for the appraisal of employee performance and Mr. Subramanian got substantial increments in quick succession.
In January 2013, Mr. Subramanian was offered ₹1.68 crore for the post of chief strategic advisor in the exchange, while his last drawn salary was ₹15 lakh in a government corporation. His cost-to-company shot up to ₹5 crore by 2015.
Ms. Ramkrishna resigned from NSE in 2016, following which she was given ₹44 crore as pending dues and salary, as per reports.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.