Insider Trading Case

  • World View: Has Rajat Gupta been given an unfair sentence? October 27, 2012

    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. ...
  • Rahul Bajaj happy about lenient sentence to Rajat Gupta October 25, 2012

    Mumbai: Industrialist Rahul Bajaj on Thursday welcomed the relatively lenient two-year jail term which a US court awarded to former McKinsey head Rajat Gupta for insider trading. "Under the American law, there was no way his request for community service without going to jail (would have been accepted). We knew...
  • The Last Word: Has justice been done to Rajat Gupta? October 25, 2012

    Rajat Gupta, a former Goldman Sachs and Procter & Gamble Company board member, was sentenced on Wednesday to two years in prison for feeding inside information about board dealings with a billionaire hedge fund owner who was his friend. ...
  • Rajat Gupta a good man: Judge before sentencing October 25, 2012

    New York: US District Court Judge Jed Rakoff, who sentenced Rajat Gupta, the former Goldman Sachs and Procter & Gamble Co. board member once widely respected worldwide for his business smarts, to two years in prison and also ordered him to pay a $5 million fine, on multiple occasions gave...
  • Jury wanted Rajat Gupta to walk free June 16, 2012

    New York: The jury, which convicted one of the most prominent Indian-Americans in the US Rajat Gupta of securities fraud, said it wanted him to walk a free man after the trial, but the evidence against him and his "need for greed" was just too "overwhelming". Former Goldman Sachs director Gupta,...
  • Insider trading probe: US says Rajat Gupta guilty June 14, 2012

    New York: Evidence of insider trading against businessman Rajat Gupta is "overwhelming," a prosecutor told jurors at the trial's close on Wednesday, while a defence lawyer countered that the government had a weak, circumstantial case without direct proof. In one of the US government's biggest insider trading prosecutions in recent years,...
  • Rajat Gupta to face US jury in insider trading case May 21, 2012

    New York: Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles. On Monday in the same federal court in New York, it will be Gupta's turn to go on...
  • Rajaratnam seeks delay in reporting to prison December 1, 2011

    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...
  • Rajat Gupta was role model for middle-class India October 31, 2011

    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 management...
  • US: Rajat Gupta pleads not guilty, gets bail October 27, 2011

    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 entered...
  • Former Goldman Sachs director surrenders to FBI October 26, 2011

    Former Goldman Sachs director Rajat Gupta has surrendered to the FBI in the US insider trading case on Wednesday. ...