Rajat Gupta's appeal to quash insider trading conviction fails

Last Updated: Friday, July 3, 2015, 10:24

Gupta, 66, was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.

Ex-Goldman director, Rajat Gupta, fails to void insider trading conviction

Last Updated: Thursday, July 2, 2015, 23:09

Gupta, 66, who is also a former McKinsey & Co global managing director, is serving a two-year prison term, and eligible for release next March.

Goldman settles SEC charges over 2013 options trading incident

Last Updated: Tuesday, June 30, 2015, 23:37

The SEC said Goldman sent about 16,000 mispriced options orders to various exchanges on Aug. 20, 2013, leading to about 1.5 million options contracts, representing 150 million shares, being executed within minutes after the market opened.

RBI report cautions against surge in algorithm trading

Last Updated: Sunday, June 28, 2015, 15:34

"The fact that the share of algo orders in total orders and the share of cancelled algo orders in the total number of cancelled orders is around 90 percent creates concerns relating to systemic risks," the FSR report highlighted.

Gold advances on modest buying support; silver falls

Last Updated: Saturday, June 27, 2015, 15:42

Standard gold (99.5 purity) edged up by Rs 15 to finish at Rs 26,385 per 10 grams from Friday's closing level of Rs 26,370.

Sahara Group says will defend lawsuit on US hotels sale

Last Updated: Thursday, June 25, 2015, 19:43

Facing a lawsuit in the US over sale of its overseas hotels, crisis-ridden Sahara Thursday said it was a "private dispute" between two parties unrelated to it and the group will "vigorously" defend its position.

Gold slips on subdued demand amid global sluggishness

Last Updated: Saturday, June 20, 2015, 16:04

Standard gold (99.5 purity) fell by Rs 40 to settle at Rs 26,785 per 10 grams from Friday's level of Rs 26,825.

Gold at over two-week high on global cues, jewellers buying

Last Updated: Friday, June 19, 2015, 14:47

Extending yesterday's rise, gold prices rose by another Rs 75 to trade at over two-week high of Rs 27,200 per 10 grams at the bullion market on Friday

Shanghai stocks plunge 6.42% by close

Last Updated: Friday, June 19, 2015, 13:32

The benchmark Shanghai Composite Index dived 6.42 percent, or 307.00 points, to 4,478.36 on turnover of 685.5 billion yuan ($112.2 billion). The index lost 13.32 percent over the week.

Arun Kumar is new Director Finance of PTC India

Last Updated: Wednesday, June 17, 2015, 13:12

Power trading firm PTC India on Wednesday said that Arun Kumar has joined as Director of finance department of the company on June 16.

Sebi probes SMS scam promising huge 'option' returns

Last Updated: Sunday, June 14, 2015, 15:01

The modus operandi involved reaching out to potential investors through social media and SMSes in which fraudsters sought investments of Rs 5-10 lakh with promise that returns could be as high as Rs 75 lakh within a day or two