 "NSE co-location case: ED investigation likely to conclude next month")
The Enforcement Directorate (ED) has expedited the money laundering probe in the National Stock Exchange (NSE) co-location (Co-lo) case after the government recently sought a detailed report from the federal agency. The report is expected to be finalised within a month.
The move comes at a time when the finance ministry is keeping a close watch on the exchange’s recent trading glitch — one of its worst outages — that jeopardised the interests of many market participants. The enforcement agency, too, is learnt to be looking at the glitch issue along with the Co-lo case.
“There has been substantial development in the
