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

Sebi has dropped charges of fraudulent and unfair trade practices against NSE and seven former employees, including Chitra Ramkrishna and Ravi Narain, in the co-location case due to lack of evidence. The case had prompted a CBI probe and led to arrests of top NSE officials.