In its complaint filed in 2011, the SEC alleged that Gupta disclosed confidential information about Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs
They took investor money via IPOs and then disappeared.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
Besides bank accounts, Sebi has also in various proceedings ordered depositories, NSDL and CDSL, to attach the demat securities accounts of the erring entities.
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
The government's dependence on debt has come down from 27 paise in the previous Budget to 25 paise in the coming year, reflecting ease of pressure on revenue collections.
A Bill to restrict voting rights of brokers as shareholders and their participation on governing boards of stock exchanges was on Monday passed in Lok Sabha without discussion and by a voice vote.
Efforts to form a new "block" of parties opposed to the Bhartiya Janata Party and the Congress is all set to gain momentum with a meeting of leaders in Delhi on February 5, Bihar Chief Minister Nitish Kumar said on Saturday.
Pushed by Congress vice president Rahul Gandhi, the government looks set to shortly bring ordinances on two anti-corruption bills along with three other legislations which could not be passed during the just-concluded Parliament session.
A Human Rights Watch report says the US abuse of prisoners in Iraq and Afghanistan has given other nations an excuse to torture terror suspects.\n\n
Party doubles efforts to retain family strongholds, declares Priyanka will focus on these two constituencies, says Kavita Chowdhury
Citizens won't have faith in Digital India if their hard-earned money is looted by cyber criminals and cyber fraudsters from banks.
Hundreds of Congress workers on Monday clashed with the police during a protest against the BJP government's Land Acquisition Bill, saying it was anti-farmer.
National Association of Software and Service Companies, which has been advocating for data security laws for long, made an about turn on Thursday and said that the industry does not need more laws.
The Pentagon has praised India's significant contribution in the peaceful development of Afghanistan, aimed at securing a stable region and facilitating economic corridors into Central Asia.
Gupta is scheduled to be released from prison in March, 2016.
Gupta, 66, is currently serving his prison term.
'If a gaming regulator is able to save even a single player's life or is able to just enforce the existing laws of the land, it works,' says cyber policy expert Prashant Mali.
The much-awaited public offering of the shares of auto major Maruti Udyog Ltd has cleared another major hurdle with the Securities and Exchange Board of India approving the draft prospectus for the initial public offer.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
The SEC's complaint charges Khan, Chaganlal, Mendonsa, and Akbari with violating the antifraud provisions of the federal securities laws.
Making it clear that he was not opposed to the National Food Security Bill, Union Agriculture Minister Sharad Pawar on Friday said he would prefer it to be approved by Parliament after a debate.
The bill, considered by many in the Congress as a gamechanger which could boost its prospects in the Lok Sabha election, was tabled in the Budget Session but could not be taken up for discussion as Opposition stalled Parliament over a rash of scams under United Progressive Alliance.
58-year old Vinod Hingorani had defaulted on penalties of Rs 1.64 cr
The current session of Parliament may be extended to enable the passage of bills, Parliamentary Affairs Minister Venkaiah Naidu told Bharatiya Janata Party MPs in New Delhi on Tuesday.
Minister of State for Commerce and Industry E M Sudarsana Natchiappan said the industry should reach out to people of those areas where they propose to set up projects and explain about the advantages locals can have in terms of employment and development.
Shah had pleaded guilty in 2012 to securities fraud in a parallel civil insider trading case case.
At a time when the Modi government is attempting to push cashlessness with coercive means, Devangshu Datta explains why cash usage is popular even in nations with good cashless infrastructure.
The draft regulations in this regard are expected to be approved by the board during the meeting.
Sinha, who is steering Sebi efforts to tackle the ponzi menace, said that in regions like West Bengal and North East -- where penetration of banking services is low -- have seen a larger number of people getting trapped in illegal money pooling schemes that promise high returns.
The obvious temptation for Mr Jaitley would be to achieve a better fiscal deficit figure than what he had promised in July.
As hard bargains continue for the next four days at the picturesque tourist resort of Indonesia, the ministers., including from the influential developed countries will try and reach agreements on providing windows to the developing nations for their food security programmes and a pact to free the global trade from the procedural hassles at the customs.
An aggressive Pyongyang is likely to force Seoul and Tokyo to build nuclear deterrents and thus thwart Beijing's ambitions.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Since Parliament is still in session, the government refrained from making an official statement but the ministers said there were ample 'precedents by the Congress governments in the past' of Bills being pushed through the ordinance route.
Here's a glimpse of all that happened around the world last week, in 10 images.
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