Ravi Narain

BSE shares rally 14% to hit fresh record high as NSE IPO rumours gain ground

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Shares of India’s oldest stock exchange BSE on Monday rallied up to 14% to hit fresh 52-week high of Rs 3,794 as investors believe that the possibility of NSE coming out with its IPO will increase chances of the stock getting re-rated. BSE shares have already rallied nearly 200% in the last one year as … Read more

Sebi drops charges against NSE, Chitra Ramkrishna, Ravi Narain & other officials in co-location case

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The Securities and Exchange Board of India (Sebi) has dropped charges of fraudulent and unfair trade practices against the National Stock Exchange (NSE) and its seven former employees, including Chitra Ramkrishna and Ravi Narain, in the co-location case, citing lack of evidence. “Due to the absence of sufficient material/evidence/objective facts on record in this case, … Read more

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