News for 'Billionaire Raj'

Father's Day: Fathers Of 18 Famous Indians

Father's Day: Fathers Of 18 Famous Indians

Rediff.com21 Jun 2026

Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Why YRF's Spy Universe Is Failing: From Pathaan's Peak To Alpha's Struggles

Rediff.com9 Jul 2026

The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.

Anurag Kashyap's 10 Best Movies, Ranked

Anurag Kashyap's 10 Best Movies, Ranked

Rediff.com1 Jun 2026

Anurag Kashyap, despite his claims of being done with Bollywood, continues to deliver compelling cinema, with his latest film 'Bandar' set to release on June 5.

Hedge fund billionaire Rajaratnam indicted

Hedge fund billionaire Rajaratnam indicted

Rediff.com16 Dec 2009

Sri lankan-born Rajaratnam along with his co-conspirator Danielle Chiesi was indicted on Tuesday on charges of using non-public information from company executives to earn around $21 million in illegal profits, according to the 37-page indictment.

Billionaires have always called the shots in India

Billionaires have always called the shots in India

Rediff.com12 Sep 2018

'James Crabtree ignores the emergence of a nexus between business and politics going back to the 1920s and talks of it as a new child of 21st century India,' says Shivanand Kanavi.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

Top 1% Indians Earn 23% Of Income

Top 1% Indians Earn 23% Of Income

Rediff.com1 Apr 2024

Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.

India's richest 1% holds 40% wealth, says study

India's richest 1% holds 40% wealth, says study

Rediff.com20 Mar 2024

Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.

Taxing ultra-wealthy can boost GDP by 2.73%: Piketty-backed Study

Taxing ultra-wealthy can boost GDP by 2.73%: Piketty-backed Study

Rediff.com24 May 2024

The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.

Goldman chairman may be questioned in Gupta's case

Goldman chairman may be questioned in Gupta's case

Rediff.com1 Dec 2011

Also to be questioned under oath by lawyers of the SEC and Gupta is Greg Ormond of Exemplar Wealth.

Defence outlines Rajaratnam's research

Defence outlines Rajaratnam's research

Rediff.com13 Apr 2011

Sri Lanka-born billionaire Raj Rajaratnam's defence team on Wednesday told a US jury that his trading in Goldman Sachs was not based on insider information, but a great deal of research and discussion on the investment bank, especially during the financial crisis.

Rajaratnam's lawyers grill govt witness

Rajaratnam's lawyers grill govt witness

Rediff.com16 Mar 2011

During the trial proceedings on Tuesday, John Dowd, Galleon Group founder Rajaratnam's defence lawyer, cross-examined Kumar, a former McKinsey & Co. partner who gave his direct testimony.

Insider trading case: US wanted Rajaratnam to turn on Rajat

Insider trading case: US wanted Rajaratnam to turn on Rajat

Rediff.com25 Oct 2011

In an interview to Newsweek magazine, Rajaratnam, who will serve 11 years in prison, said the US government wanted him to 'wear a wire' and tape his conversations with Gupta, former chief executive officer of McKinsey.

Rajaratnam's sentencing: A warning to Wall Street!

Rajaratnam's sentencing: A warning to Wall Street!

Rediff.com14 Oct 2011

The sentence -- which some legal considered light -- seemed to be the result of the consideration by the court that Rajaratnam, 54, was apparently in poor health and despite being on the wrong side of the law, had contributed over the years to charities and for benevolent activities.

Rajaratnam's sentence: A 'wake up call'

Rajaratnam's sentence: A 'wake up call'

Rediff.com14 Oct 2011

His conviction on insider trading charges exposed a "web of fraud and corruption that entangled many."

SEC drops litigation against Rajat Gupta

SEC drops litigation against Rajat Gupta

Rediff.com5 Aug 2011

The SEC however added that "dismissing these proceedings will not prevent the Commission from filing an action against Gupta in United States District Court."

'Rajaratnam made millions thanks to Indian-Americans'

'Rajaratnam made millions thanks to Indian-Americans'

Rediff.com22 Mar 2011

Raj Rajaratnam made $4 million on Hilton stock in a single day after allegedly getting tips.

Rajaratnam to pay $ 92 million as penalty in insider trading

Rajaratnam to pay $ 92 million as penalty in insider trading

Rediff.com9 Nov 2011

A US judge has ordered disgraced billionaire Raj Rajaratnam to pay over USD 92 million as penalty in the insider trading case filed against him by the US financial regulator, saying the "huge and brazen nature" of his fraud "cries out" for such an unprecedented fine.

McKinsey director testifies against Rajaratnam

McKinsey director testifies against Rajaratnam

Rediff.com11 Mar 2011

Former McKinsey director Anil Kumar on Friday testified against his ex-Wharton classmate and Sri Lankan-born billionaire Raj Rajaratnam in the biggest insider trading case to hit US courts in decades.

Inside trading: Rajaratnam faces new charges

Inside trading: Rajaratnam faces new charges

Rediff.com10 Feb 2010

The US federal prosecutors have come up with fresh charges against Sri Lanka-born billionaire Raj Rajaratnam based on new information they received from co-defendants who pleaded guilty in what has been described as the largest insider trading scam in the United States' history.

Wall Street scam: Rajaratnam pleads not guilty

Wall Street scam: Rajaratnam pleads not guilty

Rediff.com22 Dec 2009

According to Fox News, Sri lankan-born Rajaratnam along with his co-conspirator Danielle Chiesi -- both of whom were indicted on December 15 on charges of using non-public information from company executives to earn around $21 million in illegal profits, entered their pleas before US District Judge Richard Holwell in Manhattan.

Tipper X in Rajaratnam case; bail bid turned down

Tipper X in Rajaratnam case; bail bid turned down

Rediff.com13 Jan 2010

The report by the Wall Street Journal said that this Tipper X is Thomas Hardin, a 32-year-old trader at hedge fund Lanexa Global Management.

Ram temple opening: Ambanis, Bachchan among state guests

Ram temple opening: Ambanis, Bachchan among state guests

Rediff.com19 Jan 2024

While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.

'Mallya is a phenomenal character'

'Mallya is a phenomenal character'

Rediff.com27 Aug 2018

'The three tycoons I deal with in the first chapter -- Ambani, Mallya and Adani -- in their own way represent the change that has come over India.' 'Of the three of them, Mallya is the most fun. He was terrific.' 'And I don't say that because I tell the story in the book of his golden toilet.'

The Battle Of The Two Wills

The Battle Of The Two Wills

Rediff.com20 Sep 2024

When there are two wills produced before the court, which one will be executed?

Raj Jayadev gets Soros Justice Fellowship

Raj Jayadev gets Soros Justice Fellowship

Rediff.com14 May 2010

Raj Jayadev, the co-founder of the De-Bug grass root group, was recently named one of the 18 Soros Justice Fellows, and will receive $ 75,000 for a project that could also create a better plea bargain environment in San Jose.

Mumbai ex-cop Pradeep Sharma gets life in Chhota Rajan aide's fake encounter

Mumbai ex-cop Pradeep Sharma gets life in Chhota Rajan aide's fake encounter

Rediff.com19 Mar 2024

A division bench of Justices Revati Mohite Dere and Gauri Godse quashed the sessions court's 2013 judgment acquitting Sharma, terming it as "perverse" and "unsustainable".

Centre protecting Adani as BJP gets poll funding: Cong

Centre protecting Adani as BJP gets poll funding: Cong

Rediff.com14 Mar 2023

Chief Minister Bhupesh Baghel asked why the prime minister and Centre were scared of ordering a probe into the fraud committed by the Adani Group.

Who Will Take Over The Godrej Empires?

Who Will Take Over The Godrej Empires?

Rediff.com6 May 2024

Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.

List of VIPs invited for Ram temple Event

List of VIPs invited for Ram temple Event

Rediff.com21 Jan 2024

While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.

'Very, very hard for Modi to return with a comparably large majority'

'Very, very hard for Modi to return with a comparably large majority'

Rediff.com21 Aug 2018

'Most likely scenario is Modi comes back with either a much smaller majority and no majority at all and a coalition.' 'Very hard to imagine him doing better than he did last time.' 'He will then be a weaker prime minister,' the author of The Billionaire Raj tells Rediff.com's Vaihayasi Pande Daniel.

'India is the swing superpower of the 21st century'

'India is the swing superpower of the 21st century'

Rediff.com23 Aug 2018

'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'

Billionaire's prison pay: 17 cents an hour cleaning toilets!

Billionaire's prison pay: 17 cents an hour cleaning toilets!

Rediff.com14 Oct 2011

He might have presided over assets worth billions of dollars, but Raj Rajaratnam will have to work for 12 to 17 cents an hour cleaning the kitchen or the toilet in prison.

Top executives earn 3,000 times more than average staff

Top executives earn 3,000 times more than average staff

Rediff.com13 Aug 2018

The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.

Congress accuses PM of 'saving his friend' Adani

Congress accuses PM of 'saving his friend' Adani

Rediff.com3 Feb 2023

The Congress-led opposition stepped up its attack on Friday against the government over the Adani row and demanded that there should be a thorough investigation into what they alleged was a 'mega scam' as it involved public money.

Amazon Unveils Slate Of Films, Series

Amazon Unveils Slate Of Films, Series

Rediff.com29 Apr 2022

Amazon Prime Video has doubled its content investments in India and announced as many as 41 new titles in Hindi, Tamil, Telugu and English, thereby throwing an open challenge to their streaming competitor, Netflix.

Samantha, Huma win Filmfare OTTs

Samantha, Huma win Filmfare OTTs

Rediff.com10 Dec 2021

The Filmfare OTT awards 2021 were held at Mumbai's Taj Lands End hotel, and the big winners of the night were quite expectedly, Scam 1992 and The Family Man 2.

Bat Power. Girl Power. Cute Puppies.

Bat Power. Girl Power. Cute Puppies.

Rediff.com25 Apr 2022

What's your pick from OTT this week?

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Time to focus more on inequality than growth

Time to focus more on inequality than growth

Rediff.com13 Oct 2017

A new study shows that the bottom half of the population enjoyed only 15 per cent of national income in 2013-14, down sharply from 24 per cent in the early 1980s.