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Need more probe into NSE 'puppet master': Corporate governance experts

Experts say if indeed 'everyone was asleep at the wheel', finance ministry needs to act 'expeditiously'

NSE, national stock exchange, nifty50
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Further, the NSE has been barred from launching any new product for six months

Samie Modak Mumbai
Corporate governance experts have called for further investigation into the matter involving former National Stock Exchange (NSE) managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna for sharing confidential information about the exchange with her faceless spiritual guru who has been referred to as ‘unknown man’ and ‘Himalayan yogi’ in the 190-page order issued on Friday.

In the order, the Securities and Exchange Board of India (Sebi) has found irregularities in the appointment of Anand Subramanian as group operating officer of NSE.

“There seems to be something more than meets the eye. This could require further investigation by other