NSE chief quits, to face prosecution in Maxis case

Ashok Chawla was appointed NSE chairman as part of the clean-up process after the bourse was hit by a case of preferential treatment to some select brokers for high-frequency trading (HFT). He resigned on Friday after CBI got government consent to prosecute him on alleged corruption charges relating to the Aircel-Maxis case.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2TLFljz

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