ED Arrests Former NSE MD-CEO Ravi Narain In Co-Location Case
The Enforcement Directorate (ED) on Tuesday arrested National Stock Exchange’s (NSE) former chief executive officer (CEO) Ravi Narain in the case related to the co-location scam.
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Narain was the MD and CEO of NSE from April 1994 to March 31, 2013. Thereafter, he was appointed vice-chairman, in a non-executive category on the company’s board from April 1, 2013, to June 1, 2017.