Mohandas Pai, Kiran Mazumdar-Shaw spar over 'unknown' yogi in NSE matter

Governance experts call for further probe into the matter

Former NSE board member T V Mohandas Pai and Biocon chairperson Kiran Mazumdar-Shaw sparred over the unknown ‘yogi’ who had outsized influence at the decision making process at the National Stock Exchange (NSE), country’s largest bourse.

“Shocking lack of governance in NSE that was held up as a world class stock exchange,” tweeted Shaw on a news item headlined 'Yogi Ran India's Top Stock Exchange As Puppet Master: Regulator.'

Replying to her tweet, Pai wrote, “No yogi ran NSE! Please stop spreading such falsehoods! Do you really believe that a very sophisticated technology based stock exchange,one of the largest in