SAT quashes Sebi penalty against NSE and others in dark-fibre case

SAT quashes Sebi penalty against NSE and others in dark-fibre case

The Securities Appellate Tribunal (SAT) has quashed SEBI’s order against the National Stock Exchange (NSE), its former chief executive Chitra Ramkrishna and others in the dark fibre case. The tribunal has set aside the total penalty of Rs 7 crore imposed by Sebi on NSE and has reduced the penalty on Ramkrishna from Rs 5 … Read more