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 |
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 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 |
Prosecutors ‘tarring’ Rajat Gupta: US judge
June 2nd, 2012 - 10:15 am ICT by IANS
New York, June 2 (IANS) A US federal court judge trying Rajat Gupta on insider trading charges has observed that prosecutors were "tarring" the former Indian-American managing director of McKinsey ... 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 |
US judge to rule on evidence about Reliance at Gupta trial
May 30th, 2012 - 10:28 am ICT by IANS
New York, May 30 (IANS) A US judge trying Rajat Gupta, former Indian-American chief executive of McKinsey & Co, is yet to decide whether an e-mail relating to Reliance ... Read more...
Posted in Business |
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 |
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 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 |
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 |
Jokester Rajaratnam was just kidding: Defence
March 26th, 2011 - 10:21 am ICT by IANS
New York, March 26 (IANS) Hedge fund billionaire Raj Rajaratnam was merely joking when he told his close Indian American pal and Intel executive Rajiv Goel he once gave two ... Read more...
Posted in Business |
Trial begins in biggest US insider trading case
March 9th, 2011 - 11:29 am ICT by IANS
New York, March 9 (IANS) The trial of former hedge fund billionaire Raj Rajaratnam in the biggest insider trading case in US history has got underway with the process ... Read more...
Posted in Business |
Rajat Gupta may have tipped off Rajaratnam on deal: WSJ
April 23rd, 2010 - 8:14 pm ICT by IANS
Washington, April 23 (IANS) Rajat Gupta, Indian-American director of Goldman Sachs, may have tipped off hedge-fund billionaire Raj Rajaratnam about a $5 billion investment in Goldman by Warren Buffett's Berkshire Hathaway before ... Read more...
Posted in Business |