Justice Sudhir Kumar Jain said he was granting "statutory bail" to the two former officials of the NSE.
The CBI had opposed the bail pleas, saying the probe was at a crucial stage and the accused could tamper with evidence
The notice came after Anand Subramanian failed to pay the fine imposed on him by the Securities and Exchange Board of India (SEBI).
The CBI chargesheet is likely to accuse former NSE top executives with fraud, conspiracy and cheating
In relation to the same case, the former managing director of NSE, Chitra Ramakrishna, is under judicial custody after spending seven days in police remand
On March 6, Ramakrishna was arrested by the CBI, a day after a court in the national capital dismissed her anticipatory bail plea. On Monday, the CBI produced ex-CEO of NSE before Special Judge Sanjeev Aggarwal and sought a 14-day custodial interrogation in the case.
Former NSE Group Operating Officer Anand Subramanian was arrested last week and will continue to be in CBI's custody till March 6.
Chawla served as NSE chairman between March 2016 and January 2019 and shot a letter to Sebi in 2018 saying Anand Subramanian is the ‘mysterious yogi’ in NSE scam case.
The regulator may have been slow, but it does not deserve to be condemned so harshly.
The CBI had arrested Anand Subramanian after expanding its investigation into a co-location scam in the National Stock Exchange following the emergence of “fresh facts” in a Sebi report that referred to a mysterious yogi guiding the actions of former CEO Chitra Ramkrishna.
Speaking on the alleged irregularities at the NSE during the tenure of former MD & CEO Chitra Ramakrishna, the finance minister said the government will first examine whether market regulator SEBI has taken corrective steps.
Director of Forensic Investigations and Consultancy Services, Nishant Singh says that all it needs is the help of a government agency
The former MD seemed well connected and savvy, and not an easy mark as the exchange's investigation would have us believe.
Market regulator SEBI looks the other way till it is forced to correct the wrongs but does little more than deliver a rap on the knuckles. There is no disincentive for committing the same mistake again
The Prime SUV option, available for Rs 80 onwards (base fare), will let customers seat up to six passengers.
Ola's Anand Subramanian said that it will follow the law of the land and have pressed the pause button on bike services as of now in Bangalore.
"Ola Operator has been built for entrepreneurs who have grown from one car to many on the Ola platform over the years, as well as operators who own cars, and employ drivers," Anand Subramanian, the senior director of marketing communications at Ola told reporters here.
Uber had yesterday claimed that rival Ola was making fake driver accounts on its platform in order to sabotage its business. An Ola executive said that the allegations are not only false, they are a reaction to Ola's contempt petition against Uber in the Supreme Court.
On July 29, the Delhi HC upheld the ban on cab aggregator Ola and directed the transport department of Delhi to impose its ban issued on January 1, 2015. This has left taxi aggregators like Ola, Uber and Taxi4sure open to police action.
Ola claims that about 1,000 vehicles, including taxis and autos, are being added to its platform every day. Subramanian added that in the last six months, drivers registered on the Ola platform have seen their revenues increase by up to 40 percent .