Raj Rajaratnam

  • US court studies wiretaps in Rajat Gupta insider case 22-05-2013 07:04 AM

    New York: Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial. Defense lawyer Seth Waxman told the 2nd US Circuit Court of Appeals in New...
  • Rajat Gupta to appeal against insider trading conviction 21-05-2013 10:27 PM

    New York: India-born former Goldman Sachs director Rajat Gupta will seek overturning of his insider-trading conviction in a US court today by arguing that the case rested exclusively on circumstantial evidence that relied on wiretap statements that did not involve him. The US Court of Appeals for the Second Circuit...
  • World View: Has Rajat Gupta been given an unfair sentence? 26-10-2012 02:38 PM

    This week on World View with Suhasini Haidar we take a detailed look at the Rajat Gupta sentencing, 10-day countdown to US Elections:, highlights of 3rd Obama-Romney debate. ...
  • I have lost my reputation: Rajat Gupta 25-10-2012 08:49 AM

    Rajat Gupta, 63, of Westport, Conn., was sentenced by US District Court Judge Jed Rakoff, who also ordered him to pay a $5 million fine. ...
  • The rise and fall of Wall Street poster boy Rajat Gupta 25-10-2012 08:41 AM

    A former Goldman Sachs and Procter & Gamble Co. board member once widely respected worldwide for his business smarts was sentenced on Wednesday to 2 years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. ...
  • US: Rajat Gupta awaits sentence in insider case 24-10-2012 12:10 PM

    New York: The sentencing on Wednesday of fallen Wall Street titan Rajat Gupta for insider trading could come down to whether a judge agrees that his lifetime of charity counts against sending him to prison. The former Goldman Sachs Group Inc (GS.N) board member was convicted in June of leaking...
  • Former Goldman Sachs Director Rajat Gupta to be sentenced today 24-10-2012 09:23 AM

    Former Goldman Sachs director Rajat Gupta will be sentenced in New York on Wednesday by a US judge on insider trading charges. ...
  • Rajat Gupta's fate to be sealed on Wednesday 23-10-2012 07:52 PM

    New York: Former Goldman Sachs director Rajat Gupta will be sentenced in New York on Wednesday by a US judge on insider trading charges a year after the Indian-American Wall Street executive was charged with passing boardroom secrets to the now imprisoned hedge fund founder Raj Rajaratnam. The Prosecution has...
  • Reveal benefits made by Rajat Gupta: US court 06-01-2012 10:46 AM

    New York: A US judge has asked prosecutors to provide specific financial benefits they allege former Goldman Sachs director Rajat Gupta made by passing inside information to his friend Raj Rajaratnam amidst allegations that he also tipped him about Proctor and Gamble's 2008 sale of Folgers Coffee Co to JM...
  • Rajaratnam begins 11-year insider trading sentence 06-12-2011 11:20 AM

    New York: Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town. The 54-year-old Galleon Group founder reported to the prison about 40 miles northwest of Boston,...
  • Rajaratnam seeks delay in reporting to prison 01-12-2011 12:41 PM

    New York: Just five days before he was due to start his 11-year jail term for insider trading, hedge fund founder Raj Rajaratnam's lawyers made a last ditch effort to keep him out of jail, asking a US court to let him be free on bail while he appeals his...
  • Goldman executives face depositions in Gupta case 20-11-2011 11:59 AM

    New York: At least two Goldman Sachs Group Inc executives face potential interviews under oath in the top US market regulator's civil insider trading case against a former director of the firm, Rajat Gupta, a court heard on Friday. The names of president and chief operating officer Gary Cohn and...
  • Rajaratnam ordered to pay $92.8 mn in SEC case 09-11-2011 05:29 AM

    New York: A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related US Securities and Exchange Commission civil case. The penalty imposed by US District Judge Jed Rakoff in...
  • Rajat Gupta was role model for middle-class India 31-10-2011 08:27 AM

    Mumbai: Before Indra Nooyi became CEO of PepsiCo Inc or Vikram Pandit took the reins at Citigroup Inc there was Rajat Gupta, the original "global Indian" who was the first to head a major Western business. More than 17 years after first being elected head of McKinsey & Co, the...
  • Rajaratnam paid $ 63 mn in penalties: lawyer 29-10-2011 10:45 AM

    New York: Convicted hedge fund tycoon Raj Rajaratnam has already paid more than $ 63 million in penalties, ordered by the judge who sentenced him two weeks ago for insider trading, one of his lawyers said on Friday in New York federal court. Rajaratnam, 54, is going to prison for...
  • Listen: Rajat Gupta and Raj Rajaratnam tapes 28-10-2011 05:09 PM

    The United States Attorney's Office, Southern District of New York has released a July 29, 2008 US Federal Bureau of Investigation wiretap recording of a conversation between then Goldman Sachs director Rajat Gupta and Galleon Group founder Raj Rajaratnam. Listen. ...
  • The rise and fall of Rajat Gupta 27-10-2011 08:03 PM

    New Delhi: Rajat Kumar Gupta, aged 62, educated at IIT Delhi and Harvard Business School. Former Director, Goldman Sachs & Co-Founder of the Indian Business School. And now, an accused in an insider trading case, out on a $ 10 million bail. If found guilty, the poster-boy of Indian-American Wall...
  • Gupta felt it was auspicious to surrender on Diwali 27-10-2011 02:21 PM

    New York: Diwali for Rajat Gupta, facing insider trading charges, was dark but the Indian-American poster boy of Wall Street success felt it was auspicious to surrender on the day of the festival of lights, thinking that "gods will protect him". Gupta's fall from grace came on the day his...
  • Rajat Gupta released on bail, trial on April 9 27-10-2011 01:38 PM

    New York: A New York court has set April 9 as the tentative date for the trial of Rajat Gupta, former Indian American director of Goldman Sachs after he pleaded not guilty to insider-trading charges. India-born Gupta, 62, who had surrendered to the FBI on Wednesday morning, was freed after...
  • Ex-Goldman director arrested, released on $ 10 mn bail 27-10-2011 01:26 PM

    Former Goldman Sachs director Rajat Gupta has been released on a $ 10 million bail bond. ...
  • US: Rajat Gupta pleads not guilty, gets bail 27-10-2011 08:20 AM

    New York: Rajat Gupta, who pleaded not guilty to charges of securities fraud and that he passed insider information to his billionaire friend Raj Rajaratnam while he was director at Goldman Sachs and Procter & Gamble, was released on Wednesday on a $10 million bond. The 62-year-old Indian American had...
  • US: Rajat Gupta charged with insider trading 26-10-2011 11:42 PM

    New York: Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad US crackdown on illegal leaks of corporate secrets. Gupta, 62, surrendered to FBI agents...
  • Former Goldman Sachs director surrenders to FBI 26-10-2011 08:06 PM

    Former Goldman Sachs director Rajat Gupta has surrendered to the FBI in the US insider trading case on Wednesday. ...
  • Galleon case: Ex-Goldman director Gupta arrested 26-10-2011 06:33 PM

    New York: Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was in FBI custody on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a US crackdown on insider trading. An FBI spokesman...
  • Rajat Gupta likely to surrender before FBI 26-10-2011 08:52 AM

    New York: Former Goldman Sachs director Rajat Gupta, one of the most prominent Indian-Americans in the country's financial scene, is likely to surrender before authorities in New York on Wednesday as prosecutors are expected to file criminal charges against him in a massive insider trading scheme. A report in the...
  • Rajaratnam gets 11 years jail for insider trading 14-10-2011 07:59 AM

    Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation. ...
  • Rajaratnam gets 11 years jail for insider trading 14-10-2011 03:36 AM

    New York: Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered to serve 11 years in prison, the longest sentence ever in an insider-trading case but far less than prosecutors sought. Thursday's sentencing caps a prosecution, marked by secret...