He was convicted in his 2012 trial of passing confidential boardroom information to his one-time friend and business associate Raj Rajaratnam
Palpreet Singh, the winner of India's first national basketball talent search program, has signed the NBA Development League contract.
"I did not resign. Moments ago I was fired. Being the US Attorney in SDNY will forever be the greatest honour of my professional life," Bharara tweeted from his personal verified Twitter account, making a reference to his jurisdiction the Southern District of New York.
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.
The prosecution and defense presented their closing arguments in the high-profile insider trading trial of Gupta in Manhattan federal court on Wednesday.
Berkshire Hathaway's India-born top executive Ajit Jain was "shocked" to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he described as a "deliberate hanky panky" by the convicted hedge fund founder.
The defence on Monday presented in Manhattan federal court character witnesses, who testified about Gupta's honesty and integrity, before it prepares to wrap its case by Wednesday.
Sixty-three-year-old Gupta's trial, which began in Manhattan federal court on May 21, will resume today after a weekend break with his protege and former McKinsey executive Anil Kumar returning to the witness stand to testify against him.
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Along with India's Consul General Dnyaneshwar Mulay.
Police in New York City police descended on Zuccotti Park in the wee hours of Tuesday to forcibly remove Occupy Wall Street protestors who have been camping in Lower Manhattan since September 17.
A 46-year-old Indian-American ex-headmistress of a Manhattan prep school, sentenced to two-to-seven years in prison for bedding one of her students in 2007, has surrendered after all her appeals exhausted.
The protests that began on September 17 by a small group of people in Manhattan have snowballed into a movement against the financial institutions, income inequality and corporate bailouts with thousands taking to the streets and courting arrests.
If one searches for Trump Tower on Google Maps, they will not find that exact name there. Instead, they will find "Dump Tower," WPIX-TV reported.
Rajat Gupta was freed from Federal Medical Centre Devens, a federal correctional facility in Ayer, Massachusetts, on January 5.
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Forgot what happened in the week gone by? Here's a quick recap of what took place in 10 images.
The National Basketball Association filed a lawsuit on Tuesday against the players' union seeking a ruling that the lockout of players does not violate antitrust laws.
He just wanted to meet Donald Trump.
Any form of entanglement with India or the US on the strategic plane will be anathema to Sri Lanka's Rajapaksa rulers, observes Ambassador M K Bhadrakumar.
62-year-old Gupta appeared in Manhattan federal court but it was not immediately known what charges have been slapped against him by the prosecutors.
An Iranian-American accused of participating in a terror plot allegedly by elements in the Iranian government to assassinate the Saudi ambassador in Washington, has pleaded not guilty to the charges in New York on Monday.
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.
Six persons have been killed and others injured when a train hit a car on the tracks.
In the lawsuit filed in federal district court in Manhattan, five of the protesters said police officers had led people onto the bridge's roadway and then prevented them from leaving the bridge on Saturday.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
In unprecedented preparations to brave out the Hurricane Irene, New York authorities evacuated a quarter of a million residents and ordered complete shutdown of the mass transit system as Blackhawk and Chinook helicopters were placed on stand by for a weekend of torrential rains and massive storms
Gupta's lawyer Gary Naftalis submitted in a Manhattan court on Tuesday his list of 10 witnesses he would 'most want to depose on behalf of Gupta.'
Manhattan artist Sally Davies bought a McDonalds happy meal six months ago on April 10 of this year, and has photographed it everyday -- and six months later, the meal shows almost no signs of decomposing.
Manhattan artist Sally Davies bought a McDonalds happy meal six months ago on April 10 of this year, and has photographed it everyday -- and six months later, the meal shows almost no signs of decomposing.
National Basketball Association (NBA) owners and players continued their last-ditch labour dispute talks in New York on Wednesday well after commissioner David Stern's deadline had passed.
For the second consecutive day on Friday, several Indian journalists went to the Memorial Sloan Kettering Cancer Centre on 68th Street and York Avenue in Manhattan, New York, where Congress chief Sonia Gandhi has reportedly undergone a surgery
Almost sad they weren't meeting to form the world's most formidable comedy collective!
Get your lowdown on what's going on in the world of Hollywood, right here!
The much-awaited trial of Raj Rajaratnam, founder of erstwhile Galleon Group, who has been indicted by Federal authorities in the biggest insider trading case on the Wall Street, began on Tuesday in Manhattan Federal Court.
Considered to be the worst ever civil unrest in the US in decades, the violent protests have engulfed at least 140 cities across America in the days following the death of Floyd, a 46-year-old man who was pinned to the ground in Minneapolis on Monday by a white police officer who kneeled on his neck as he gasped for breath.
We don't know how a film like this makes it to the theatres, without the exercise of any quality control.
Two defectors from Iran's intelligence service have testified that Iran had prior knowledge of the 9/11 attacks in United States, according to a court filing that has sought damages for Tehran's direct support for the most deadly act of terrorism in American history.The defectors in the court filings had said that Iranian officials had "foreknowledge of the 9/11 attacks".
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