Rajat Gupta asks for probation; prosecutors seek 8-10 years jail-term

Last Updated: Thursday, October 18, 2012, 09:39

Gupta, 63, will be sentenced on October 24 in Manhattan federal court by US District Judge Jed Rakoff for his conviction on three counts of securities fraud and one count of conspiracy.

Rajat Gupta could get prison term of 6 years or less: Legal experts

Last Updated: Sunday, October 14, 2012, 14:30

Gupta, 63, will be sentenced on October 24 by US District Judge Jed Rakoff.

Bill Gates, Kofi Annan back leniency for Rajat Gupta

Last Updated: Saturday, October 13, 2012, 09:58

Rajat Gupta, Goldman Sachs' former Indian-American director convicted of insider trading, has received letters of support from the likes of Microsoft co-founder Bill Gates and former UN Secretary General Kofi Annan ahead of his sentencing .

Court to hear Rajaratnam's insider-trading appeal on October 25

Last Updated: Saturday, September 8, 2012, 09:02

Usually, the panel does not issue a decision until weeks or even months after oral arguments.

Rajat Gupta's sentencing date preponed by a day to Oct 17

Last Updated: Tuesday, August 28, 2012, 15:08

The sentencing of former Indian- American Goldman Sachs director Rajat Gupta, convicted of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam in one of America's biggest insider trading cases, has been preponed by a day to October 17.

Anil Kumar gets two year probation in insider trading case

Last Updated: Thursday, July 19, 2012, 22:28

In court papers, prosecutors had told the judge that Kumar had earned leniency with his willingness to come clean about his misdeeds.

Rajat Gupta's friends seek letters of support

Last Updated: Thursday, July 19, 2012, 13:41

Friends of former McKinsey head Rajat Gupta, convicted on insider trading charges, are urging his acquaintances to submit letters of support to a US judge presiding over his case here to help secure a lenient sentence for the Indian-American.

Leniency sought for Indian-American insider trading witness

Last Updated: Tuesday, July 17, 2012, 11:22

US prosecutors have made a plea for leniency for a former Indian-American executive of McKinsey & Co whose testimony helped convict Wall Street giants Raj Rajaratnam and Rajat Gupta on insider trading charges.

Don't forget Gupta's philanthropic work in India, say friends

Last Updated: Wednesday, July 4, 2012, 00:20

As the high-profile insider trading trial of former Goldman Sachs director Rajat Gupta enters its third week, the Indian-American's prominent friends feel he has been portrayed in an "unfair and one-sided" manner and his philanthropic work in India should not be forgotten.

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.

Goldman pays large chunk of $30 mn legal fee for Rajat Gupta

Last Updated: Tuesday, June 19, 2012, 16:24

Financial services firm Goldman Sachs has paid a large chunk of the nearly USD 30 million legal fees for its former board member Rajat Gupta's defence, a media report said.