Lawstreet Journal

Chitra Ramakrishna, former MD of NSE barred from associating with any MII

Lawstreet Journal 12 Feb 2022 11:26pm

Image courtesy: Lawstreet Journal Business Chitra Ramakrishna, former MD of NSE barred from associating with any MII

Chitra Ramakrishna, former MD of NSE barred from associating with any Market Infrastructure Institution for a period of 3 years.

She says she was guided by a "Siddha Purusha / Yogi in Himalayas while making her decisions".

The investigation related to a complaint in 2015-16 where Anand Subramanian was hired as a Group Operating Officer / Advisor to MD at a salary of 1.6 crores. This was a 10 fold jump from Rs. 15 Lakhs which he was drawing in his previous job at Balmer & Lawrie

Anand Subramanian was appointed without any advertisement for the post and interview.

He was on a 4 DAY WORK / WEEK and his compensation jumped to 4 crores in April 2016.

He travelled FIRST CLASS and was in Chennai every WEEKEND.

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Tagged: Chitra Ramakrishna   National Stock Exchange  
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