Showing lenience and also appreciation for his humanitarian work, Judge Jed S Rakoff of the Federal District Court in Manhattan handed a two-year prison term to Rajat Gupta, former head of McKinsey and Co and also a former director of Goldman Sachs and Proctor and Gamble for leaking insider information.
Upper class people have a higher tendency for unethical behaviour, as they are more likely to believe that "greed is good," researchers say.
The United States has been secretly releasing high-level detainees from a military prison in Afghanistan for several years in a bold effort to initiate negotiations with the insurgent groups, but one that American officials acknowledge could prove to be a costly gamble. he Washington Post on Monday reported that the "strategic" release programme has quietly served as a live diplomatic channel, allowing American officials to use prisoners as bargaining chips.
'Having taken the first step, Priyanka will do well to remember that politics is not a part-time occupation, nor is it meant for guest appearances and cameos.' 'It can't be that come June 2019 and Priyanka goes back to her cocooned life, to re-emerge five years later because the family business is in trouble again,' says Saisuresh Sivaswamy.
A six-year-old Hindu girl who was allegedly raped in Pakistan's southern Sindh province has been admitted to a hospital in Karachi about 10 days after she was molested, according to media reports on Friday.
A six-year-old Hindu girl who was allegedly raped in Pakistan's southern Sindh province has been admitted to a hospital in Karachi about 10 days after she was molested, according to media reports on Friday.
A Cabinet minister tells Sheela Bhatt that Prime Minister Manmohan Singh has taken a gamble on the FDI in retail issue and insists that the Congress party is with him.
A Cabinet minister tells Sheela Bhatt that Prime Minister Manmohan Singh has taken a gamble on the FDI in retail issue and insists that the Congress party is with him.
Company plans to tap 75 per cent of revenues from emerging markets, from the current 53 per cent.
Should India exploit South Africa's weakness against the turning ball?
The development comes amid Japan's SoftBank booking an investment loss of 39.28 billion yen (USD 350 million) on its investments in India, including those in Ola and e-commerce company Snapdeal.
Metered taxis, entry to amusement facilities, second-class rail travel, and betting, gambling and lottery will not attract the 12 per cent Service Tax, as per the budget proposal.
Italian police investigating a soccer match-fixing scandal searched 30 homes and made a number of arrests including the captain of Lazio Stefano Mauri and former Genoa midfielder Omar Milanetto, authorities said on Monday.
Action from the swimming event at the London Olympics on Sunday.
'Some of his decisions were not so good, but his intentions were always guided by a deep national interest.'
Coach Misbah-ul-Haq and his fellow selectors have been criticised by Pakistan media for placing too much expectation on such young shoulders, particularly against an ascendant team that thrives on home pitches.
Lewis Hamilton does not believe he is taking a gamble by leaving McLaren for Mercedes next season, saying the move could catapult him into Formula One's pantheon of greats even if it does not pay out immediately.
BCCI ACU chief calls for match-fixing law, legalised betting to contain corruption
KCR, as Rao is popularly known, was administered the oath of office and secrecy by Governor E S L Narasimhan at a simple ceremony on the lawns of Raj Bhavan.
Mike Brearley, one of England's most successful cricket captains, said on Tuesday that eradicating corruption from the game is probably impossible but that is no reason to stop trying.
Ferrari's Sebastian Vettel, the Briton's closest rival, finished only sixth after an early collision with Red Bull's Max Verstappen left the German fighting back from 19th place.
A US judge has asked prosecutors to provide specific financial benefits they allege former Goldman Sachs director Rajat Gupta made by passing inside information to his friend Raj Rajaratnam amidst allegations that he also tipped him about Proctor and Gamble's 2008 sale of Folgers Coffee Co to JM Smucker.
A day after claiming he had "bomb-like" evidence against the son of the Pakistan chief justice, a real estate tycoon on Tuesday told the Supreme Court that his relatives had paid a whopping Rs 342.5 million to Arsalan Iftikhar, including for losses he incurred while gambling. =
The move came two days after the lawyer said it was 'highly likely' that Gupta would take the witness stand in his trial.
With the solid opening of The Bourne Legacy, well known actor and two-time Oscar nominee Jeremy Renner (The Hurt Locker and The Town) has suddenly become a star.
In the years to come, Dushyant may need to compete for the leadership of the Jat community with Hooda's son Deepender, and other Jat leaders, reports Archis Mohan.
'Ashwin against the left-handers could play a big role. Kuldeep has done brilliantly but I feel India should persist with Ashwin. Kuldeep is young and can learn along the way'
The Kerala High Court, on Monday sought the Board of Control for Cricket in India's stand on a plea by cricketer Shanthakumaran Sreesanth challenging the life ban imposed upon him by the game's governing body after detection of the 2013 Indian Premier League-6 spot-fixing scandal.
According to a poll by USA Today/Gallup, 51 per cent of the respondents agreed with Obama's new position on same-sex marriage, which he announced on Wednesday.
A disgraced athlete ero returns... to much dismay.
In the annual Best Companies for Leadership Study by the global HR consulting firm, the Tata group shared the limelight with other global companies like Procter & Gamble, IBM, Coca-Cola and Unilever.
Federer's bid for a 20th grand slam title will be aided by the absences of Andy Murray and Kei Nishikori, as well as lingering injuries to top players who are still expected to play like Rafael Nadal and Stan Wawrinka.
A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.
A former English county cricketer pleaded guilty on Thursday to taking money to fix part of a domestic match in 2009 in the latest "spot fixing" scandal to hit the sport.
What can the Swiss great do to win three sets against the king of clay when in their previous French Open duels he has never won two?
Spain's gamble of starting without a recognised striker almost backfired when the holders needed a Cesc Fabregas equaliser to salvage a 1-1 draw against Italy in their Euro 2012 Group C opener on Sunday.
The integrity of the London 2012 Olympics could be shattered by the "enormous" threat of illegal gambling rings trying to fix results, Britain's Olympics minister said on Sunday.
Betting industry representatives will meet organisers of the London Olympics on Tuesday to discuss ways to prevent illegal gambling which some officials regard as a bigger threat to the integrity of the Games than doping.
Some secret files exposing widespread match-fixing in Tennis have rocked the Australian Open as about eight players, who were found suspicious in the past, are in the main draw of the 2016 tournament.
The highest salary rose by 14.22 per cent from last year.
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