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'The sentence is a catastrophe for the family'

 'Serious crimes of this sort cannot be excused merely because he has a family.' P Rajendran/Rediff.com was in the courtroom last week when Mathew Martoma was sentenced to nine years in prison for......

New York court pauses Cairn tax suit

 A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian......

Cairn, Air India seek stay on New York court proceedings

 Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral......

Tainted portfolio manager Martoma to begin jail term on Nov 20

 Mathew Martoma, an Indian-origin hedge fund portfolio manager, convicted for his role in the most lucrative insider trading scheme in US history, was  ordered to begin his 9-year jail term......

Martoma fails to avoid jail in insider trading case

 The Second US Circuit Court of Appeals on Wednesday rejected Martoma's bid for bail pending appeal, saying he has 'failed to show that the appeal raises a substantial question of law or......

Tainted portfolio manager Martoma successful in delaying prison term

 An Indian-origin portfolio manager, sentenced to nine years on insider trading charges, won his bid to delay his surrender to prison next week until an appellate panel decides on his motion to......

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