NSE withdraws its Rs100 crore defamation suit against Moneylife

September 12, 2017 17:31

The National Stock Exchange on Tuesday withdrew its Rs100 crore defamation case against Moneywise Media Pvt Ltd, publisher of the fortnightly magazine Moneylife, Debashis Basu and Sucheta Dalal, founders of Moneylife (together Moneylife). The defamation case related to the publication of a whistleblower's letter in Moneylife's web portal that laid bare how certain NSE officials were giving undue advantage to specific brokers in their co-location facility set up for high-frequency trading. Read more

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