NSEALGOSCAM
Moneylife Digital Team 21 September 2021
The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs1 lakh each on the promoter-director and system administrator of Kolkata-based Excel Stock Broking Pvt Ltd for violating the provisions about the access to secondary servers of the National Stock Exchange (NSE)’s co-location (Colo) facility.

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Moneylife Digital Team 21 July 2021
The Union government says the Central Bureau of Investigation had already registered a case in the National Stock Exchange (NSE) colocation scam and the investigation on going on.

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Moneylife Digital Team 19 April 2021
The Securities and Exchange Board of India (SEBI), on Friday, imposed penalties of Rs12 lakh and Rs6 lakh on CPR Capital Services Ltd and PRB Securities Pvt Ltd,

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Moneylife Digital Team 11 February 2021
Market regulator Securities and Exchange Board of India (SEBI) has imposed penalties on National Stock Exchange (NSE) and its former chiefs Ravi Narain and Chitra Ramakrishna in the co-location (colo) scam in yet another order on this issue.

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Moneylife Digital Team 17 January 2020
Market regulator Securities and Exchange Board of India (SEBI) has absolved National Stock Exchange (NSE)'s former chief Ravi Narain, vice president Suprabhat Lala and eight others in the co-location (colo) scam where brokers were alleged to have received preferential access to the trading systems of the bourse.

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Moneylife Digital Team 07 June 2019
While the Sensex shot up from 36,068 on 31 December 2018 to 39,529 on 6 June 2019, or 10%, companies have struggled to match that enthusiasm

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The Central Bureau of Investigation (CBI) in a status report on the NSE co-location scam, informed the Delhi High Court on Wednesday that its investigation was not restricted to the FIR which was initially registered.

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The National Stock Exchange (NSE) on Wednesday imposed fines and issued notices to 250 companies for not adhering to the Listing Obligations and Disclosure Requirements (LODR).

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Moneylife Digital Team 03 May 2019
In two separate orders in the Algo-scandal investigation, the Securities and Exchange Board of India (SEBI) has indicted well-known market economist Ajay Shah and Suprabhat Lala, a senior official of the National Stock Exchange (NSE). The order says a private firm of Sunita Thomas (Mr Lala’s wife and sister-in-law of Ajay Shah), 'commercially exploited' confidential data obtained from the NSE for writing algo trading software.

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Has the Securities and Exchange Board of India (SEBI) let off the National Stock Exchange (NSE) rather lightly for its series of reckless behaviour in what is called the algorithm (algo) scam?

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Moneylife Digital Team 02 May 2019
Following the order from market regulator SEBI in the NSE algo scam, Ravi Narain, former managing director and chief executive (CEO) and later vice chairman of the Exchange, has resigned from the board of directors of two listed companies: automaker Escorts Ltd and agro-chemical company PI Industries Ltd.

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Moneylife Digital Team 30 April 2019
In two separate orders, the Securities and Exchange Board of India has slammed the National Stock Exchange (NSE), it’s two controversial, former managing directors Ravi Narain and Chitra Ramakrishna and a host of other entities including Professor A

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Moneylife Digital Team 29 April 2019
The Delhi High Court on Tuesday will hear a public interest litigation (PIL) related with over Rs50,000 crore National Stock Exchange (NSE) co-location scam, says a report.

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The National Stock Exchange of India (NSE) on Monday said that it will exclude 34 stocks from the Futures and Options (F&O) segment for not meeting the enhanced eligibility criteria.

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The Securities and Exchange Board of India has started to conduct hearings from Wednesday on the show cause notices (SCNs) issued to a total of 25 entities and individuals in July 2018.

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Moneylife Digital Team 12 December 2018
Market regulator Securities Exchange Board of India (SEBI) says it has started adjudication against 28-30 members in the National Stock Exchange (NSE) co-location or algo scam.

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Moneylife Digital Team 24 September 2018
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have asked IL&FS Transportation Networks Ltd to clarify on a news about majority stake purchase by Japan's Orix Corp in the company's parent Infrastructure Leasing & Financial Services (IL&FS).

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Market regulator Securities and Exchange Board of India (SEBI) has said that the National Stock Exchange (NSE) has filed fresh consent application in the co-location or Algo trading scam

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Moneylife Digital Team 14 September 2018
Based on the forensic audit reports in the algo scam, enforcement proceedings have been initiated against the National Stock Exchange (NSE), its past and present officials, stock brokers and other connected entities, says the Ministry of Finance.

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A growing clamour and pressure from influential quarters for the capital market regulator to wind up the algo-trading scandal at the National Stock Exchange (NSE) may have been put on pause by a timely public interest litigation (PIL) filed in the Madras High Court.

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