Question
Which Regulatory Authority recently imposed a fine of Rs
5-7 crore in the dark fiber case on the parties involved in the NSE Co-Location case?Solution
The Securities Exchange Board of India (SEBI) has imposed a fine of Rs 5-7 crore in dark fiber case on the parties involved in the NSE Co-Location case. A penalty of Rs 7crore was imposed on the National Stock Exchange (NSE) and Rs 5 crore on Chitra Ramkrishna, former CEO and Managing Director of the NSE.
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