Ravi Narain

ED points to insider trading in NSE case, to share info with Sebi for probe

Narain, arrested a few days before the chargesheet was filed, had allegedly conspired with iSec in the tapping case from the beginning

TMS Ep256: Central Vista, Ravi Narain, markets, Antrix-Devas deal

How does Central Vista change the corridors of power? Is Ravi Narain another fallen market hero? What should investors do as India shines amid global gloom? What is the Antrix-Devas deal? Answers here

Has Ravi Narain joined the list of fallen market heroes?

People like Harshad Mehta, Ketan Parekh, Ravi Narain and Chitra Ramakrishna had one thing in common - greed. Markets may not forgive them, but lessons can be drawn. Here's a look at their work

Ex-NSE MD Ravi Narain sent to 2-day ED custody in money laundering case

A Delhi court on Wednesday sent former MD and CEO of National Stock Exchange Ravi Narain to two days' custodial interrogation by Enforcement Directorate in a money laundering case related to alleged illegal phone tapping and snooping on stock exchange employees. Special Judge Sunena Sharma allowed ED's plea seeking Narain's custody till September 9 after the accused was produced before him by the probe agency. ED's Special Public Prosecutor N K Matta told the court that Narain was required to be confronted with other accused persons and evidence in the matter to unearth the larger conspiracy in the matter. The ED on Tuesday arrested him in the case. Narain was the MD and CEO of NSE from April 1994 to March 31, 2013. Thereafter, he was appointed as the vice-chairman in a non-executive category on the company's board from April 1, 2013, to June 1, 2017. The ED had registered an Enforcement Case Information Report (ECIR) in July against former Mumbai Police commissioner Sanjay Pandey

Why did the Enforcement Directorate arrest former NSE chief Ravi Narain?

The case pertains to hiring private firm iSec Services to allegedly tap the phones of NSE employees

ED arrests former NSE MD and CEO Ravi Narain in money-laundering case

The Enforcement Directorate on Tuesday arrested former NSE CEO and MD Ravi Narain in a money laundering case, officials said. His role is being investigated by the federal probe agency as part of two criminal cases linked to the bourse the alleged co-location 'scam' case and the purported illegal phone tapping of employees. Narain is understood to have been arrested in the tapping case under the criminal sections of the Prevention of Money Laundering Act (PMLA). The ED earlier had arrested another former National Stock Exchange (NSE) MD and CEO Chitra Ramkrishna in the alleged phone tapping case while the CBI, which is parallely probing these cases, had arrested her in the co-location case. The Enforcement Directorate has also arrested former Mumbai Police Commissioner Sanjay Pandey in the alleged illegal phone tapping case.

Tribunal stays Sebi order against ex-NSE chief Narain for governance lapse

The Securities Appellate Tribunal (SAT) has stayed markets regulator Sebi's order against former NSE chief Ravi Narain in relation to governance lapses at the bourse.

Sebi issues demand notice against Ex-NSE CEO Ravi Narain

On February 11, the market regulator had imposed a penalty of Rs 2 crore on Narain for lapses in governance practices at NSE.

CBI questions ex-NSE CEO Ravi Narain over abuse of colocation facility

Narain appeared before the federal agency in Delhi on Saturday and he may be called again for further questioning

CBI quizzes Chitra Ramkrishna; calls for lookout on her, Narain

Ramkrishna was ousted from the NSE in 2016 for her alleged role in algo-trading through the use of colocation servers, and abuse of power in appointing Subramanian

Sebi fines NSE, Ramkrishna, Narain others in key appointment case

Sebi penalised the NSE and its former MDs and CEOs, Chitra Ramkrishna and Ravi Narain, and others for violating securities contract rules in a case

Sebi fines NSE and two former CEOs in co-location case, drops fraud charges

Exchange made to shell out Rs 1 cr, former heads told to cough up Rs 25 lakh each

Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case

It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015

Former NSE CEO Ravi Narain gets interim relief by SAT in co-location case

Narain has stepped down from the board of Escorts and PI Industries

Ravi Narain: Architect of NSE's success caught in an awkward spot

Narain has stepped down to allow a fair probe by Sebi