The former NSE top management executives, including MD and CEO Vikram Limaye, Umesh Jain, GM Shenoy, Narayan Neelakantan, VR Narasimhan, Kamala K, Nilesh Tinaikar, R Nandakumar and Mayur Sindhwad were also ordered to do pro bono community service of at least 14 days in the current financial year.“The panel of Whole Time Members accepted the recommendations of the High Powered Advisory Committee to settle the case on composite payment by NSE for an amount of Rs 643 crore,” reads the settlement order passed by SEBI whole-time member Ashwani Bhatia.Last month, Sebi had dropped charges against NSE and its 7 former executives, including Chitra Ramkrishna, Ravi Narain, and Anand Subramanian, in the co-location case, citing an absence of evidence to support the allegations.“The resolution of key legal proceedings will help NSE push ahead with its IPO. The exchange has applied for a no-objection certificate (NOC) with the market regulator for approval to file IPO documents,” said a senior NSE official.

NSE, Limaye, 8 others settle TAP case with Sebi

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.