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Lookout circular for Chitra Ramakrishna and 2 others

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The Central Bureau of Investigation (CBI) has issued a ‘Lookout Circular’ for Chitra Ramakrishna, the former Managing Director and Chief Executive Officer of the National Stock Exchange (NSE), Subramanian Anand, the former group operating officer and Ravi Narayan, former NSE CEO (before Chitra). This was done as a precautionary measure.

Sources told IANS that Ramakrishna and the other two were flight risks and hence the Lookout Circular (LOC). Arrests in the case are now more likely to happen, said the source.

The CBI is currently grilling Chitra Ramakrishna at one of its offices in Mumbai. She was earlier called by the CBI to join the investigation immediately.

The CBI has already lodged an FIR against Chitra on the basis of the 192 page report of SEBI in which she has been accused of leaking classified information to a Yogi who lived in the Himalayas.

This Yogi, identified as Subramanian, was brought to the NSE by Ramakrishna and had access to the email ID on which the emails were sent.

The CBI official close to the investigation said that Ramakrishna was evasive and was frequently changing her statements. She has tried to mislead the investigation and in the coming days Ravi Narayan and Subramanian will also be grilled by the CBI, added the official.

“There was a flight risk, there were possibilities that they may flee abroad and taking preventive steps we issued the LOC,” sources told IANS.

On Thursday the Income Tax Department had conducted raids at her houses in Mumbai and Chennai. The sources said that incriminating documents were recovered during the raids.

The I-T department scanned various transactions and digital records. They also recorded the statements of a few of her employees.

Recently SEBI had imposed a fine of Rs 3 crore on her. SEBI had uploaded a 192-page order on its official website narrating how Chitra was allegedly involved in suspicious activities by leaking information.

Chitra had said that a sage, who lives in the Himalayas, was giving her directions. She also sent him emails regarding the NSE.

She quit SEBI in December 2016.

It has been learnt that she allegedly shared vital inputs with the Yogi. “Information regarding organisational structure, dividend scenario, financial results, human resource policies and related issues, response to regulator, etc., were shared by her with the Yogi,” said the source. Between 2014 and 2016 she sent emails at rigyajursama@outlook.com.

Subramanian was made the Chief Strategic Advisor of NSE. He served at this post between 2013 and 2015. He was given the post of group operating official and advisor to the MD. He discharged his duties on this post between 2015 and 2016.

Subramanian, who had previously been working as a mid-level manager in Balmer and Lawrie, had no exposure to the capital market. His salary was increased from Rs 15 lakh to Rs 1.68 crore annually. In 2017 his salary was hiked to Rs 4.21 crore yearly.

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AAP students’ wing to join protests against CEC on Oct 10

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New Delhi, Oct 6: Association of Students for Alternative Politics (ASAP), the students’ wing of the Aam Aadmi Party (AAP), said on Tuesday that it will undertake a protest march to the national capital’s Jantar Mantar on October 10 against the Chief Election Commissioner (CEC) Gyanesh Kumar.

CEC Kumar has come under fire following a media report which claimed that Election Commissioners Sukhbir Singh Sandhu and Vijay Joshi had “objected on record” to several decisions taken by the Election Commission of India (ECI), allegedly without their knowledge, specifically over the conduct of Special Intensive Revision (SIR) of electoral rolls.

In a post on the social media platform X, Eeshna Gupta, Co-in-charge of ASAP, said: “Across the country, thousands are raising their voices against the functioning of the Election Commission, demanding the resignation and prosecution of CEC Gyanesh Kumar, withdrawal of the SIR, and comprehensive reforms to the ECI.”

“Despite repeated instances of police action, manhandling and sexual assault against protesters and journalists, the movement for democratic accountability continues to grow. On October 10, ASAP will march to Jantar Mantar in New Delhi alongside student organisations, democratic groups, and individuals united around these demands,” she added.

According to a statement issued by the organisation, the protests across the country reflect “growing public concern” over the functioning of the Election Commission, with demands for the resignation and prosecution of CEC Gyanesh Kumar, the withdrawal of the SIR, and comprehensive reforms within the ECI.

Noting that thousands of students and individuals have come together in defence of constitutional and democratic values, the AAP students’ body added: “ASAP stands in solidarity with those participating in these demonstrations and with the broad demand for the protection of democratic rights, constitutional freedoms, and the right to peaceful protest. We call upon democratic organisations, student groups, and individuals committed to constitutional values to participate in the protest.”

Earlier on Tuesday, the Opposition INDIA bloc MPs launched a protest march towards the Election Commission of India (ECI) headquarters in New Delhi, demanding the resignation of the CEC.

However, the opposition leaders were stopped by security personnel midway.

Last week, the Aam Aadmi Party and several left-wing student organisations, including Students’ Federation of India (SFI) and All India Students’ Association (AISA), staged a protest against the CEC at Jantar Mantar, with several being detained by the police.

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CM Yadav promises more job opportunities for youth, announces twice-yearly PSC exams

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Bhopal, Oct 6: Chief Minister Mohan Yadav on Tuesday promised to expand employment and career opportunities for young people in Madhya Pradesh, announcing twice-yearly MPPSC examinations and separate job-oriented tests from 2027 as part of a series of youth-focused measures.

Addressing the CM Youth Conclave-2026 at Lal Parade Ground in Bhopal, Yadav declared 2027 as the “Year of Youth” and said the state government would focus on education, skill development, research, innovation and employment. “Next year will be observed as the Year of Youth. Therefore, the PSC examination will be conducted twice a year,” Yadav said.

He said separate employment-oriented examinations would also be conducted in addition to the regular MPPSC examinations, describing the initiative as a first in the country. The Chief Minister announced that 12 medical colleges and 12 new skill-oriented universities would be established in the state.

The government plans to open one medical college every month, he said. Free coaching for competitive examinations will be provided in government colleges across all districts, while state-of-the-art laboratories for Artificial Intelligence and advanced computing will be established, Yadav said.

The government will also increase the monthly stipend for research scholars from Rs 16,000 to Rs 25,000. Each university will be provided a dedicated fund of Rs 1 crore for research activities, he said. “An Idea Fund of Rs 5 crore will be created at the state level to encourage innovation and startup ideas among the youth,” Yadav said.

The state will enrol one lakh youths in skill-enhancement programmes and facilitate job placements through placement agencies. An Investor Meet will also be organised next year to help generate employment opportunities, he said.

Yadav said the measures were aimed at creating a wider ecosystem for young people to pursue higher education, research, entrepreneurship and jobs within the state.

During his address, the Chief Minister also referred to Prime Minister Narendra Modi’s public life and urged the youth gathered at the conclave to applaud and greet him.

“Under the leadership of our Prime Minister, tomorrow marks 25 years of Prime Minister Narendra Modi’s public life. Today, all of us in Bhopal and the youth of the entire state should applaud and extend our greetings to Prime Minister Narendra Modi,” Yadav said.

According to government data cited at the event, around 36.74 crore people aged 15-29 years live in India, accounting for nearly 26 per cent of the country’s population.

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Maha CM launches ‘Participate Mumbai’ platform to boost CSR-led development partnerships

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Mumbai, Oct 6: Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated ‘Participate Mumbai’, a digital platform to enhance collaboration between the Brihanmumbai Municipal Corporation (BMC), corporates, NGOs, experts and citizens for the city’s development through Corporate Social Responsibility (CSR) initiatives.

He said that a Memorandum of Understanding (MoU) with the ‘Samagra’ organisation will help improve the Brihanmumbai Municipal Corporation’s (BMC) service delivery system, simplify administrative processes, and boost efficiency. Both these initiatives will combine public participation with swift administration to speed up Mumbai’s development.

CM Fadnavis remarked that ‘Participate Mumbai’ is not just a platform to secure CSR funds, but a collaborative platform centered on the idea of “What can you and I together do for the last person in society?”

Information about various projects on BMC’s requirements for partnership will be made available on this portal. Companies, NGOs, or citizens willing to work in sectors such as education, healthcare, water, employment, environment, parks, beautification, and poverty alleviation can select projects aligned with their interests, he said.

If an organisation wishes to work in a specific field, it can also present its own proposal on the platform. The Chief Minister expressed confidence that this would bridge the gap between the BMC and the social and corporate sectors, thereby accelerating development work.

CM Fadnavis emphasised that rather than focusing solely on the amount of funds spent through CSR, what matters more is how much public welfare was achieved and what real impact was created. Through CSR partnerships, the government gains access to new technologies, modern management practices, robust monitoring mechanisms, and flexible working methods. Traditional government administrative processes have certain limitations; therefore, combining government machinery with CSR partners yields far more effective results.

While the BMC has executed major work in infrastructure, there is an urgent need for more effective interventions in education, health, and nutrition. Issues like malnutrition, stunting, and wasting among children persist in certain parts of the city. CSR partnerships must be effectively leveraged to reach children in slums and underprivileged areas with proper nutrition.

He said nutrition directly impacts brain development, academic performance, and immunity in children; thus, targeted interventions will yield long-term benefits for the next generation.

An Artificial Intelligence (AI)-based system has been implemented in the BMC’s building proposal department for scrutinising construction plans. CM Fadnavis stated that the goal moving forward should be to minimise or eliminate human intervention in this process, which will significantly boost ease of doing business in Mumbai.

The administration must adapt with time, and the mindset of “We have done it this way for years; who is going to teach us?” needs to change, Fadnavis said.

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