Ex-head of India's bourse fined over illegal leaks to guru
ABC News
The former chief of India’s largest stock exchange has been fined nearly $400,000 after a probe found she had shared confidential information with an unnamed guru who regulators say influenced her decision-making
NEW DELHI -- The former chief of India’s largest stock exchange was fined nearly $400,000 after a probe found she had shared confidential information with an unnamed guru who regulators say influenced her decision-making.
Chitra Ramkrishna sought advice from a yogi for around 20 years, including during her 2013-2016 tenure as the head of the National Stock Exchange of India (NSE), the Securities and Exchange Board of India said in a report released on Friday.
The regulators said their investigation found Ramkrishna allegedly disclosed sensitive information such as financial data, projections, day-to-day operations, board meeting agendas, employee appraisals and high-profile appointments.
Ramkrishna left the NSE in 2016, citing personal reasons.
