Rajat Gupta's appeal to overturn insider trading conviction rejected

Last Updated: Thursday, August 6, 2015, 10:48

A US federal judge has rejected a fresh appeal by India-born former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction, ruling that the "hard fact remains" he committed a "serious crime" and pursuing further legal options will serve no purpose.

From insider trading to washing dishes in jail: This is how Rajat Gupta spends time

Last Updated: Wednesday, August 5, 2015, 10:13

Rajat Gupta, currently serving two years in a federal prison in Massachusetts washed dishes at the prison cafeteria briefly according to an account in NYT.

Gupta should end challenge to insider trading verdict: Bharara

Last Updated: Tuesday, August 4, 2015, 15:21

The US has opposed India-born former Goldman Sachs director Rajat Gupta's fresh appeal to overturn his insider trading conviction, saying he should now end his challenge to the jury's "well-founded" verdict that he gained from his illegal tips to ex-hedge fund founder Raj Rajaratnam.

'Gupta, Rajaratnam occasionally run into each other in prison'

Last Updated: Monday, August 3, 2015, 13:44

Gupta and Rajaratnam are under the same roof at the prison with 1,000 other inmates.

New IRF contracts debut on NSE with trading worth Rs 477 crore

Last Updated: Friday, July 31, 2015, 23:23

New interest rate futures (IRFs) contracts based on six-year and 13-year tenure government bonds made their debut on capital markets today with trading worth Rs 477.40 crore on the NSE.

BSE to hold mock trading on Saturday to test software

Last Updated: Monday, July 27, 2015, 21:19

Leading stock exchange BSE will hold a mock trading session on August 1 to test software used for trading and risk management.

Rajat Gupta tries new legal recourse to overturn conviction

Last Updated: Saturday, July 25, 2015, 12:05

India-born former Goldman Sachs director Rajat Gupta is resorting to fresh legal recourse to appeal denial by a US judge of his bid to overturn his two- year sentence and conviction on insider trading charges.

SEBI's insider trading norms 'draconian': Biocon's Shaw

Last Updated: Friday, July 24, 2015, 22:47

In a sharp criticism of regulator SEBI's new insider trading norms, industry leader and Biocon chief Kiran Mazumdar Shaw Friday said these rules have "draconian intent" and will kill the ESOPs.

Govt cuts tariff value on imported gold for 2nd straight week

Last Updated: Friday, July 24, 2015, 14:02

The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.

Sahara asks US court to reject attachment plea for hotels

Last Updated: Sunday, July 12, 2015, 15:46

Slapped with a USD 350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court here that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".

Sebi to overhaul disclosure norms for better monitoring

Last Updated: Sunday, July 12, 2015, 14:11

The new system would use technology for automatic gathering and integration of information from all available sources, a senior official said.

Expect Cabinet approval on spectrum sharing by month-end: Secy

Last Updated: Friday, July 3, 2015, 20:55

The Cabinet is likely to approve by month end the long-awaited guidelines on spectrum trading and sharing, that will pave way for merger and acquisitions in the telecom sector, a senior government official said today.