SEBI has punished NSE for 2015 algorithmic scandal. But NSE wasn’t found guilty of intentional wrongdoing & that lifts cloud hanging over its credibility.
In this excerpt from the book 'A Game Changer's Memoir', ex-SEBI chief G.N. Bajpai revisits the times when, he writes, the Indian media published downright inaccurate and unverified news about the market regulator
The narrations linked to ‘Ghazwa-e-Hind’ sit far outside authenticated Hadith literature, yet modern amplification has turned a weak report into a slogan with political afterlife.
Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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