goldman sachs

Indian-American law student sues Preet Bharara


July 26th, 2012 - 12:58 pm ICT by IANS
New York, July 26 (IANS) A second-year Indian-American law student has filed a lawsuit against Manhattan's famed Indian-American US district attorney Preet Bharara and the US Marshals Service for seizing ... Read more...

Posted in World |

Key Indian-American insider trading witness avoids jail


July 20th, 2012 - 11:46 am ICT by IANS
New York, July 20 (IANS) Anil Kumar, a former Indian American McKinsey executive, avoided jail time after prosecutors hailed his "extraordinary" cooperation leading to the conviction of hedge fund billionaire ... Read more...

Posted in World |

Leniency sought for Indian-American insider trading witness


July 17th, 2012 - 12:02 pm ICT by IANS
New York, July 17 (IANS) US prosecutors have made a plea for leniency for a former Indian-American executive of McKinsey & Co whose testimony helped convict Wall Street giants Raj ... Read more...

Posted in Business |

Rajat Gupta’s fall ‘from lofty board room to lowly jail cell’


June 16th, 2012 - 1:04 am ICT by IANS
New York, June 15 (IANS) The conviction Friday of the one-time poster boy of Indian business in America, Rajat Gupta, on charges of securities fraud marks yet another phase in ... Read more...

Posted in Business |

Rajat Gupta convicted on insider trading charges (Second lead)


June 16th, 2012 - 12:09 am ICT by IANS
New York, June 15 (IANS) The one time poster boy of Indian business in America, Rajat Gupta was convicted Friday of four of six counts on charges of providing insider ... Read more...

Posted in Business |

Rajat Gupta convicted on four counts by US jury (Lead)


June 15th, 2012 - 11:53 pm ICT by IANS
New York, June 15 (IANS) Former Goldman Sachs' Indian American director Rajat Gupta was convicted Friday of four of six counts on charges of providing insider tips to convicted hedge-fund ... Read more...

Posted in Business |

Rajat Gupta convicted on 4 counts


June 15th, 2012 - 11:35 pm ICT by IANS
New York, June 15 (IANS) Former Goldman Sachs' Indian American director Rajat Gupta was convicted Friday of four of six counts on charges of providing insider tips to convicted hedge-fund ... Read more...

Posted in World |

Rajat Gupta’s plea on wiretaps declined


June 12th, 2012 - 11:04 am ICT by IANS
New York, June 12 (IANS) A US judge trying Goldman Sachs Group's former Indian-American director Rajat Gupta for insider trading has tentatively ruled against allowing wiretaps that suggest another Goldman ... Read more...

Posted in Business |

Rajat Gupta’s alleged tips were publicly known: Defence


June 9th, 2012 - 11:26 am ICT by IANS
New York, June 9 (IANS) Lawyers of Rajat Gupta, former Indian American director of Goldman Sachs Group, have questioned the prosecution charge that he leaked secret tips to convicted hedge ... Read more...

Posted in Business |

‘Rajat Gupta had a good tenure at Goldman’


June 8th, 2012 - 10:40 am ICT by IANS
New York, June 8 (IANS) Rajat Gupta, former director of Goldman Sachs Group, had a "not long, but good" tenure, the bank's CEO Lloyd Blankfein testified at his trial on ... Read more...

Posted in Business |

Rajat Gupta’s lawyers say others tipped Rajaratnam


June 7th, 2012 - 12:32 pm ICT by IANS
New York, June 7 (IANS) Lawyers for Goldman Sachs's former director Rajat Gupta, on trial for inside trading, have suggested that leaks from the bank to convicted hedge fund billionaire ... Read more...

Posted in Business |

Rajat Gupta had no motive to leak inside tips: Defcnce


June 5th, 2012 - 11:16 am ICT by IANS
New York, June 5 (IANS) Goldman Sachs' former Indian-American director Rajat Gupta had no motive to leak inside tips to convicted hedge fund billionaire Raj Rajaratnam as their relationship ... Read more...

Posted in Business |

Rajat Gupta secretly served Rajaratnam’s hedge fund: Prosecution


June 1st, 2012 - 8:36 am ICT by IANS
New York, June 1 (IANS) Prosecutors in the insider-trading trial of Rajat Gupta have suggested he leaked information about Goldman Sachs to convicted hedge fund billionaire Raj Rajaratnam because he ... Read more...

Posted in Business |

Rajat Gupta’s lawyers say traders ‘bragged’ falsely about tipsters


May 31st, 2012 - 11:28 am ICT by IANS
New York, May 31 (IANS) Convicted hedge fund billionaire Raj Rajaratnam and traders at his Galleon Group "exaggerated" and "bragged" about having sources of inside information, lawyers for Indian American ... Read more...

Posted in Business |

Russian social network delays IPO after Facebook crash


May 30th, 2012 - 11:37 am ICT by IANS
Moscow, May 30 (IANS/RIA Novosti) VKontakte, one of Russia's most-popular social networks, has postponed its initial public offering indefinitely after the flotation of the world's largest social network Facebook ... Read more...

Posted in Sci-Tech |

Did Rajat Gupta spill the beans about Project Moon?


May 26th, 2012 - 11:58 am ICT by IANS
New York, May 26 (IANS) A prosecution witness revealed a jam company's secret plan code-named Project Moon as government sought to prove that as a director for Goldman Sachs and ... Read more...

Posted in Business |

Rajat Gupta’s trial: Prosecutors play FBI wiretaps


May 25th, 2012 - 10:25 am ICT by IANS
New York, May 25 (IANS) Prosecutors played a series of FBI wiretapped phone conversations in a bid to show that Goldman Sachs' former Indian-American director Rajat Gupta shared confidential information ... Read more...

Posted in World |

US court hears Rajat Gupta’s call to Rajaratnam


May 24th, 2012 - 1:01 pm ICT by IANS
New York, May 24 (IANS) Prosecutors played the lone recorded phone call of Rajat Gupta to Raj Rajaratnam to show the close relationship of Goldman Sachs' former Indian American director ... Read more...

Posted in World |

Rajat Gupta was on Rajaratnam’s ‘Important People’ list: Witness


May 23rd, 2012 - 11:56 am ICT by IANS
New York, May 23 (IANS) Former Indian-American director of Goldman Sachs director Rajat Gupta was once on convicted hedge fund billionaire Raj Rajaratnam's "important people" list, according to a prosecution ... Read more...

Posted in Business |

Rajat Gupta threw away his duties: Prosecution


May 22nd, 2012 - 11:05 am ICT by IANS
New York, May 22 (IANS) Prosecutors accused Indian American Rajat Gupta with throwing away his duties as the high-profile trial of the former director at Goldman Sachs on insider trading ... Read more...

Posted in Business |

‘Rajat Gupta cannot take a Mother Teresa defence’


May 18th, 2012 - 10:45 am ICT by IANS
New York, May 18 (IANS) Rajat Gupta has been forewarned that he cannot beat insider trading charges by trumpeting his philanthropy history any more than Mother Teresa could use ... Read more...

Posted in Uncategorized |

New insider trading probe may help Rajat Gupta


April 20th, 2012 - 1:55 pm ICT by IANS
New York, April 20 (IANS) In a development that could bolster the defence of former Indian American Goldman Sachs director Rajat Gupta, US prosecutors have started a new insider trading ... Read more...

Posted in Uncategorized |

Bank of America earnings beat estimates


April 20th, 2012 - 1:27 pm ICT by IANS
New York, April 20 (IANS) Bank of America Corp. released lower earnings for the first quarter Thursday, but the results still beat Wall Street's estimates as the credit quality improved.The ... Read more...

Posted in Business |

TVS Logistics gets $53 million equity funding


April 19th, 2012 - 6:19 pm ICT by IANS
Chennai, April 19 (IANS) Logistics major TVS Logistics Services Ltd Thursday announced that an agreement with an affiliate of Kohlberg Kravis Roberts & Co LP (KKR) and Goldman Sachs has ... Read more...

Posted in Business |

BRICS targets $500 bn intra-group trade by 2015


March 28th, 2012 - 9:05 pm ICT by IANS
New Delhi, March 28 (IANS) The group of five emerging economies - Brazil, Russia, India, China and South Africa (BRICS) - Wednesday targeted almost doubling intra-group trade to $500 billion ... Read more...

Posted in Business |

BRICS Summit - Facts at a glance


March 28th, 2012 - 4:24 pm ICT by IANS
India will host the 4th BRICS Summit in New Delhi on March 29. The theme of the summit is "BRICS Partnership for Global Stability, Security and Prosperity." A factfile on BRICS:* ... Read more...

Posted in Uncategorized |

Rajat Gupta wins a key ruling, loses on wiretaps


March 28th, 2012 - 10:52 am ICT by IANS
New York, March 28 (IANS) Goldman Sachs Group's indicted former director Rajat Gupta has won a court order requiring prosecutors to share information that might help his case, but lost ... Read more...

Posted in Business |

Lehman exits bankruptcy


March 7th, 2012 - 2:03 pm ICT by IANS
New York, March 7 (IANS) Lehman Brothers Holdings Inc. exited its bankruptcy of record $639 billion Tuesday and said it will start paying back creditors April 17.With this move, ... Read more...

Posted in Business |

Rajat Gupta, Rajaratnam had animosity: defence lawyer


March 3rd, 2012 - 12:27 pm ICT by IANS
New York, March 3 (IANS) The defence team of Goldman Sachs Group's Indian American director Rajat Gupta, accused of insider trading, is seeking material to show "animosity" between Gupta and ... Read more...

Posted in World |

Wall Street Sheriff Preet Bharara on Time cover


February 3rd, 2012 - 7:32 pm ICT by IANS
Washington, Feb 3 (IANS) Indian-American attorney Preet Bharara, nicknamed the Sheriff of Wall Street for prosecuting the likes of Rajat Gupta, the poster boy of Indian business in America, has ... Read more...

Posted in World |

Rajat Gupta faces more insider-trading charges


February 1st, 2012 - 8:30 pm ICT by IANS
New York, Feb 1 (IANS) US prosecutors have expanded their insider-trading case against Goldman Sachs Group's former Indian American director Rajat Gupta, charging him with passing tips to convicted hedge ... Read more...

Posted in Uncategorized |

US stocks rise amid IMF report, Goldman results


January 19th, 2012 - 12:45 am ICT by IANS
New York, Jan 18 (IANS) US stocks opened higher Wednesday on International Monetary Fund (IMF) report and Goldman Sachs earning results.The IMF said that it will raise its lending capacity ... Read more...

Posted in Business |

China’s quarterly GDP growth to drop below 9 percent


January 16th, 2012 - 5:52 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...

Posted in Business |

China’s quarterly GDP growth expected to drop below 9 percent


January 16th, 2012 - 3:37 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...

Posted in Business |

India gears up to host BRICS summit in March


December 23rd, 2011 - 5:43 pm ICT by IANS
New Delhi, Dec 23 (IANS) India has kicked off preparations to host leaders of the five-nation BRICS (Brazil, Russia, India, China and South Africa) grouping in March with a ... Read more...

Posted in Uncategorized |

« Previous Entries

Subscribe