Citigroup to pay $285 mn to settle charges against it

Citigroup has agreed to pay $285 million to settle charges brought by the Securities and Exchange Commission that it misled investors in a billion dollar derivatives deal, even as the US regulatory......

SEC imposed fine of $17.5 mn on Satyam, PW India

In a major development in the Satyam fraud case, US regulators on Tuesday fined the software firm and its auditors PriceWaterhouse India up to $17.5 million for the accounts bungling that went......

Charges against Rajat Gupta baseless: Counsel

Indian-American Rajat Gupta, former board member of Goldman Sachs and Proctor and Gamble, has rubbished charges of insider trading against him as "baseless" with his lawyer asserting that his......

Insider trading: Indian-American charged in US

An Indian-American is among four persons charged by US authorities as part of a wide-ranging investigation involving the multi-billion-dollar Galleon Group hedge fund scam, the biggest insider......