Emails show close ties between Rajaratnam, Goldman manager

Last Updated: Friday, June 22, 2012, 12:44

A current Goldman Sachs managing director used to exchange daily morning emails with now jailed Galleon founder Raj Rajaratnam about "tiddie biddies" at top technology companies like Apple and Intel, a media report said suggesting their ties were closer than previously known.

Wanted Gupta to walk free but evidence overwhelming: Jurors

Last Updated: Saturday, June 16, 2012, 21:33

Jury foreman Richard Lepkowski, 51, who read out the verdict in court said he had not wanted to convict Harvard-educated Gupta of insider trading.

Insider trading: Rajat Gupta convicted, may face upto 25 years in prison

Last Updated: Saturday, June 16, 2012, 08:58

Gupta was found guilty by a federal court in Manhattan on four counts, out of six.

Rajat Gupta: From lofty board room to lowly jail cell

Last Updated: Friday, June 15, 2012, 22:33

Gupta was also appointed as special advisor on management reform to then UN Secretary-General Kofi Annan.

Rajat Gupta convicted on insider trading charges

Last Updated: Friday, June 15, 2012, 22:01

Gupta was found guilty by a federal court in Manhattan here on four counts, out of six charges.

No verdict in Gupta's trial on first day of jury deliberations

Last Updated: Friday, June 15, 2012, 12:53

Jurors in the insider-trading trial of former Goldman Sachs director Rajat Gupta ended their first day of deliberations without reaching a verdict after the defence sought a not-guilty verdict for the Indian- American, saying "whatever you decide here will mark whatever future he has left."

Evidence against Gupta devastating: Prosecution

Last Updated: Thursday, June 14, 2012, 13:10

The prosecutors have told a US jury that there is "overwhelming" and "devastating" evidence of insider trading against former Goldman Sachs director Rajat Gupta but the defense argued there is no "beef in the case" as the hearing in one of the Wall Street's biggest scandal wrapped up.

Rajat Gupta 'abused his position','broke the law': prosecution

Last Updated: Wednesday, June 13, 2012, 23:45

The defense and the prosecution started presenting their closing arguments in 63-year-old Gupta's insider trading trial in the Manhattan federal court on Wednesday.

'Gupta's $10 mn loss deliberate hanky panky by Rajaratnam'

Last Updated: Wednesday, June 13, 2012, 11:38

Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.

Rajat Gupta's daughter, school friends take witness stand

Last Updated: Tuesday, June 12, 2012, 14:26

A day after former Goldman Sachs director Rajat Gupta notified the court that he will not testify in his own defence, his eldest daughter and close friends took the witness stand on his behalf in the high-profile insider trading trial here.

Rajat Gupta's plea on wiretaps declined

Last Updated: Tuesday, June 12, 2012, 10:00

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 insider was behind some of the alleged tips.