Insider trading: Gupta to stay free on bail pending appeal

Last Updated: Wednesday, December 5, 2012, 08:52

India-born former Goldman Sachs director Rajat Gupta can remain free on bail while he challenges his conviction on insider-trading charges, a US court ruled on Wednesday.

US court agrees to hear Gupta's plea to stay surrender date

Last Updated: Thursday, November 29, 2012, 11:11

A US court has agreed to hear next week a bid by India-born former Goldman Sachs Director Rajat Gupta to delay his surrender to federal prison and remain free on bail while he challenges his conviction on insider-trading charges.

US prosecutors call Gupta 'flight risk'

Last Updated: Tuesday, November 27, 2012, 15:49

The former McKinsey head is set to begin his jail term on January 8 next year.

Rajat Gupta should pay $15 mn penalty: SEC

Last Updated: Friday, November 16, 2012, 14:01

US government has asked a court here to slap a maximum penalty of USD 15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.

Rajaratnam seeks reversal of conviction

Last Updated: Friday, October 26, 2012, 16:43

The Sri Lankan is currently serving an 11 year prison term after being convicted last year of running one of the biggest insider trading scams in US history.

Rahul Bajaj happy about lenient sentence to Rajat Gupta

Last Updated: Thursday, October 25, 2012, 21:47

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.

'Gupta's sentencing to deter others from breaching duties'

Last Updated: Thursday, October 25, 2012, 12:48

Gupta, 63, was sentenced by US District Judge Jed Rakoff yesterday to two years imprisonment followed by a year of supervised release and a USD five million fine.

I lost my reputation, says apologetic Rajat Gupta

Last Updated: Thursday, October 25, 2012, 12:30

Gupta has been ordered to pay a USD five million fine and would have to surrender in prison on January 8 next year. He will also have to undergo a year of supervised release after his prison term ends.

Rajat Gupta: A corporate honcho's stunning fall from grace

Last Updated: Thursday, October 25, 2012, 10:22

Born in Maniktala in Kolkata, Gupta is the son of a freedom fighter-turned-journalist father and school teacher mother.

Rajat Gupta sentenced to 2 years in jail for insider trading

Last Updated: Thursday, October 25, 2012, 08:36

Gupta was ordered yesterday to serve a year supervised release, he has been ordered to surrender to prison on January 8, 2013, following the completion of his jail term.

Rajat Gupta's fate to be sealed today

Last Updated: Tuesday, October 23, 2012, 19:51

The Prosecution has sought a prison term of 8-10 years for the 63-year-old Gupta.

Sebi seeks special courts for speedy trials in market frauds

Last Updated: Monday, October 22, 2012, 16:14

Expressing concern over some cases continuing for years, Sebi Chairman U K Sinha said that there was a need for special courts to expedite the process and the regulator has asked the government to facilitate the same.