Rohm & Hass is a Philadelphia-based chemical giant and a Fortune 500 company. Gupta was the point person in the negotiations between his company and chemical conglomerate Dow Chemical for the sale of Rohm & Hass.
Dow Chemicals' acquisition of the Indian born billionnaire Raaj L Gupta headed speciality chemical company Rom and Haas for over $18 billion, is likely to impact its proposed joint venture with Reliance Industries (RIL) and expansion plans in India worth over $100 million.
Three-time champion Andy Roddick defeated bullet-serving Ivo Karlovic 7-6, 7-6 on Friday to book a spot in the semi-finals of the Washington Classic. Roddick won the tiebreakers 7-4 and 7-5 to set up an all-American affair with John Isner, who beat Czech Tomas Berdych 6-3, 6-7, 6-2 at the $1.4 million hardcourt event.
Big-serving American Sam Querrey shrugged off a nervous second set to clinch his second ATP title with a 6-4, 3-6, 6-1 victory over Australian qualifier Carsten Ball at the LA Open on Sunday.
Sebastian Vettel won a tense Hungarian Grand Prix on Sunday in a Ferrari one-two that stretched his championship lead to 14 points after Mercedes rival Lewis Hamilton sportingly surrendered third place to his teammate.
Formula One leader Lewis Hamilton made the most of the changeable conditions to seize pole position for the Belgian Grand Prix ahead of Ferrari title rival Sebastian Vettel on Saturday.
A man armed with a gun, a hatchet and pepper spray was shot dead inside a Tennessee movie theater on Wednesday after police traded gunfire with the suspect.
World No 2 Roger Federer rediscovered his touch in time to down Germany's Tommy Haas 6-7, 5-7, 6-4, 6-0, 6-2 and reach the quarter-finals of the French Open on Monday. The 27-year-old Swiss, chasing the only Grand Slam title to have eluded him, was two sets and 3-4 down facing a break point when he recovered to hold serve and went on to win eight games in a row.
Spain's David Ferrer has qualified for the season-ending Masters Cup featuring the world's top eight players.
Big-serving Andy Roddick crashed out of the Pacific Life Open on Sunday while second-seeded Russian Svetlana Kuznetsova advanced after a battling 6-1, 4-6, 6-3 win over Slovakia's Dominika Cibulkova. Much smoother progress was made by Swiss world number one Roger Federer, Australian Open champion Maria Sharapova and women's title-holder Daniela Hantuchova, who all won their respective matches in straight sets.
Roger Federer cruised to a 6-4, 6-4 win over Peter Gojowczyk in his first appearance since losing in the Wimbledon quarter-finals.
Rafael Nadal's unprecedented 10th French Open title on Sunday drew praise from across the tennis and sporting community: Here is a selection of what was said:
Gilles Simon scored a 6-4, 6-4 victory over defending champion Dmitry Tursunov at the Indianapolis Championships on Sunday.
IMAGES from Day 6 of the matches played at the US Open at Flushing Meadows on Saturday.
'Instead of fighting over whatever will be left of the present world, the permanent members of the UN security council should have raised a little finger to arrest the death and devastation around us,' notes Ambassador T P Sreenivasan.
Formula One leader Lewis Hamilton put Mercedes on pole position for their 200th race at the German Grand Prix on Saturday while engine problems dashed Ferrari's hopes.
Leander Paes and partner Lukas Dlouhy stormed into the doubles semi-finals in the 713,000 euros Gerry Weber Open tennis tournament in Halle, Germany, on Thursday. The fourth seeded Indo-Czech combine defeated Germany's Michael Berrer and Tommy Haas 6-3, 6-4 in 56 minutes to set up a meeting with Ivan Lubicic of Croatia and Robin Soderling of Sweden.
Andy Roddick beat impressive Japanese teenager Kei Nishikori 6-2, 6-4 in the second round of the San Jose Open.
Indian American, Raj L Gupta, chairman, president and CEO of Rohm and Haas Company has been chosen for the chemical industry's most prestigious honour - the 2007 Chemical Industry Medal, by the Society of Chemical Industry.
As Adobe inches towards the $3 billion revenue mark, a new Indian-born CEO, Shantanu Narayen, replaces Bruce Chizen. He will be joining Adobe's board of directors on December 1 this year.
The Spaniard lost 6-4, 7-6 to France's Marc Gicquel in the first round of the Lyon tournament.
The Formula One season starts in Australia on March 17 with new regulations, changed lineups, a trio of young rookies fresh from Formula Two and the comeback of Poland's Robert Kubica.
Lewis Hamilton won a thrilling Italian Grand Prix for Mercedes on Sunday to stretch his championship lead to 30 points over Ferrari's Sebastian Vettel, who fought back to fourth after a first lap spin.
Germany's Philipp Kohlschreiber will take on former Australian Open semi-finalist Marcos Baghdatis in the other semi-final at the Munich Open.
Thomas Johansson saved five match points to upset defending champion James Blake and reach the final of the Stockholm Open.
Pamela Anderson has wed Paris Hilton's sex tape partner Rick Salomon, just days after denying that she is planning to tie the knot again.
Vettel, who won from pole position last year in Canada to revive Ferrari's title hopes, will be hoping for the same on Sunday with world championship leader Hamilton, chasing a record equalling seventh win in Montreal, starting alongside him.
The Chilean produced a dazzling display to reach the semi-finals of a Grand Slam for the first time.
The Swiss world number one needed more than 2- hours to squeeze past Czech Radek Stepanek in Melbourne.
He beat Haas on Saturday to move within one win of equalling Bjorn Borg's record for consecutive victories on grass.
Nico Rosberg won a dramatic Australian Grand Prix on Sunday after a bungled tyre strategy dashed Sebastian Vettel's chances of a season-opening triumph and Fernando Alonso survived a spectacular crash that left his McLaren wrecked.
'I can sense that because we have shared a room for 20 years of our lives.'
Ivo Karlovic utilised a single break of service to upset world number 10 Tommy Haas 7-6 6-4 in the quarter-finals of the US Men's Clay Court Championships on Friday.
In the Dubai Open semis, Federer plays Tommy Haas, while Youzhny takes on Robin Soderling.
Andy Roddick and Andy Murray eased into the quarterfinal of the Memphis International.
Former Ferrari technical director and world championship-winning team principal Ross Brawn stepped back into the Formula One arena on Monday in the new role of managing director for motorsport.
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