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Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi

Read more about Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi on Business Standard. Sebi's Feb 11 order cites frequent hike in Subramanian's compensation without proper appraisal, documentation or file notings, and with no involvement of HR head or NRC<br>

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Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi

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  1. Chitra Ramkrishna, Subramanian ran money making scheme, alleges Sebi Former NSE MD &CEO Chitra Ramkrishna and Group Operating Officer and her Advisor Anand Subramanian ran a money-making scheme during their stint at the National Stock Exchange (NSE), market regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in Subramanian's compensation package without proper appraisal, documentation or file notings and with no involvement of the Human Resource (HR) head or the Nomination and Remuneration Committee (NRC). Furthermore, the order talks about Subramanian being directed to “withdraw and surrender” to the unknown person a gross amount per month as “gratitude.” Read Full Article Here

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