News for 'SACH'

Markets pause ahead of RBI policy

Markets pause ahead of RBI policy

Rediff.com17 Dec 2012

HDFC Group, ITC, TCS top Sensex losers.

Rajat Gupta's release date from prison is March 2016

Rajat Gupta's release date from prison is March 2016

Rediff.com16 Jul 2014

Gupta, 65, reported to the minimum security satellite camp at FMC Devens in Ayer, Massachusetts on June 17.

US court to hear Gupta's appeal on expedited basis

US court to hear Gupta's appeal on expedited basis

Rediff.com7 Dec 2012

The US Court of Appeals for the Second Circuit in New York said that briefs by Gupta on his appeal should be filed by January 18 next year while the government's motion should be submitted in court by March 15.

Is Reliance Jio's 5G plan realistic?

Is Reliance Jio's 5G plan realistic?

Rediff.com23 Dec 2020

Surajeet Das Gupta explains why Mukesh Ambani's target is by no means impossible.

Rajat Gupta to stay free on bail pending appeal

Rajat Gupta to stay free on bail pending appeal

Rediff.com5 Dec 2012

Court is expected to hear Gupta's appeal around April and it could be a year before his request to overturn his conviction is ruled upon.

Can Rajat Gupta delay his surrender date?

Can Rajat Gupta delay his surrender date?

Rediff.com29 Nov 2012

A US court has agreed to hear next week a bid by India-born former Goldman Sachs Director Rajat Gupta to delay his surrender to federal prison and remain free on bail while he challenges his conviction on insider-trading charges.

Rajat Gupta convicted on insider trading charges

Rajat Gupta convicted on insider trading charges

Rediff.com15 Jun 2012

Rajat Gupta, one of the most successful Indian Americans on the Wall Street, was on Friday found guilty of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam, in one of America's biggest insider trading cases.

Berkshire's Ajit Jain to give testimony in Gupta trial

Berkshire's Ajit Jain to give testimony in Gupta trial

Rediff.com8 Jun 2012

Berkshire Hathaway's India-born head of reinsurance business Ajit Jain, seen as a possible successor to billionaire investor Warren Buffett, will testify through a video deposition for his "close friend", former Goldman Sachs director Rajat Gupta in his insider trading trial.

Indian-origin law student courts trouble at Rajat Gupta trial

Indian-origin law student courts trouble at Rajat Gupta trial

Rediff.com7 Jun 2012

The brief courtroom drama began on Monday when the jury was listening to the testimony of star government witness Goldman Sachs chief executive officer Lloyd Blankfein.

Goldman board discussions confidential: CEO at Gupta trial

Goldman board discussions confidential: CEO at Gupta trial

Rediff.com5 Jun 2012

Blankfein, 57 took the witness stand on Tuesday in Gupta's trial, which began in a Manhattan court on May 21.

Rajat Gupta should pay $15 mn penalty: SEC

Rajat Gupta should pay $15 mn penalty: SEC

Rediff.com16 Nov 2012

The US government has asked a court in New York to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.

Shashank Samant is GlobalLogic's new CEO

Shashank Samant is GlobalLogic's new CEO

Rediff.com29 May 2012

Samant said he has been into R&D for the past 24 years and before joining GlobalLogic, he was president at Ness Technologies and had worked at Hewlett-Packard lab in India and also has worked at IBM labs.

10 reasons why the Indian economy has gone off track

10 reasons why the Indian economy has gone off track

Rediff.com28 May 2012

The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.

Email, wiretaps try to link Rajat Gupta to Rajaratnam

Email, wiretaps try to link Rajat Gupta to Rajaratnam

Rediff.com25 May 2012

On the fourth day of the trial on Thursday, the jury was shown details of phone conversations from September 2008 in which Rajaratnam brags about getting information on Goldman.

Equality and justice as important as independence

Equality and justice as important as independence

Rediff.com16 Aug 2012

There is a wide gap between 'chamakta bharat' (shining India) and 'tadapta bharat' (dying India), and unless this gap is filled nothing is going to happen, says Syed Hassan Kazim.

Why is Rajat Gupta less equal than others

Why is Rajat Gupta less equal than others

Rediff.com6 Nov 2012

If Gupta had given Raj Rajaratnam information that Goldman Sachs was going to get an investment from Warren Buffet (and suppose, if Rajaratnam had not sold an already long position in Goldman stock based on this material, non-public information), would this have amounted to a criminal offence on Gupta's part?

Goldman removes DLF from Asia-Pacific 'buy' list

Goldman removes DLF from Asia-Pacific 'buy' list

Rediff.com11 Oct 2012

However UBS maintains a buy with a price target of Rs 280.

GOOD NEWS! Goldman sees rupee at 51 by December

GOOD NEWS! Goldman sees rupee at 51 by December

Rediff.com3 Oct 2012

The rupee has been on northward-ho since July, after hitting a life-time low of 57.13 mid-June. Since the beginning of the year, the local currency has gained over 7 per cent, and still it is down 18 per cent from its pre-August 2011 highs.

US court wants specifics of financial benefits made by Gupta

US court wants specifics of financial benefits made by Gupta

Rediff.com6 Jan 2012

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.

Evidence against Rajat Gupta devastating: Prosecution

Evidence against Rajat Gupta devastating: Prosecution

Rediff.com14 Jun 2012

The prosecution and defense presented their closing arguments in the high-profile insider trading trial of Gupta in Manhattan federal court on Wednesday.

Rajat Gupta's daughter takes witness stand

Rajat Gupta's daughter takes witness stand

Rediff.com12 Jun 2012

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.

'Don't forget Rajat Gupta's philanthropic work in India'

'Don't forget Rajat Gupta's philanthropic work in India'

Rediff.com4 Jun 2012

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.

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.

Indian economy to contract 11.5% in FY21, says Moody's

Indian economy to contract 11.5% in FY21, says Moody's

Rediff.com11 Sep 2020

For 2021-22, it projected the economy to clock a growth of 10.6 per cent.

'Rajat Gupta threw away his duties'

'Rajat Gupta threw away his duties'

Rediff.com22 May 2012

The trial of Gupta, one of the most high profile Wall Street executives to be charged with insider trading, began in US District Court, Southern District of New York on Monday amid intense media glare.

Rajat Gupta's trial begins in NYC; wiretaps to be key

Rajat Gupta's trial begins in NYC; wiretaps to be key

Rediff.com22 May 2012

Former Indian American Goldman Sachs director Rajat Gupta is facing trial in one of the most high profile cases of insider trading in the US that will likely see investment guru Warren Buffet and Arcelor Mittal Chairman Lakshmi Mittal as potential witnesses.

Rajat Gupta's friends seek letters of support

Rajat Gupta's friends seek letters of support

Rediff.com19 Jul 2012

A support group for Gupta, known as 'Friends of Rajat', has urged his 'friends and well-wishers' to submit letters of support, in which they should write about Gupta's life and work.

With Mumbai in pocket, Adani is India's largest private airport operator

With Mumbai in pocket, Adani is India's largest private airport operator

Rediff.com31 Aug 2020

Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.

'Getting Rs 50 lakh for admitting one's sins is big money'

'Getting Rs 50 lakh for admitting one's sins is big money'

Rediff.com30 Mar 2012

Raj Thakur talks about his big win on the television reality show, Sach Ka Saamna.

Stocks soar: Investors richer by over Rs 80,000 cr

Stocks soar: Investors richer by over Rs 80,000 cr

Rediff.com29 Nov 2012

Investors became richer by over Rs 80,000 crore (Rs 800 billion) today as the benchmark indices rose over 1.7 per cent each on Goldman Sachs' upgrading Indian stocks and optimism that government will push through key economic reforms.

After EC announces polls, Modi tweets '#PhirEkBaarModiSarkar'

After EC announces polls, Modi tweets '#PhirEkBaarModiSarkar'

Rediff.com10 Mar 2019

'The festival of democracy, Elections are here. I urge my fellow Indians to enrich the 2019 Lok Sabha elections with their active participation.'

Slowdown: RBI may halt rate hike

Slowdown: RBI may halt rate hike

Rediff.com1 Dec 2011

Moderating economic growth and easing inflation may prompt the Reserve Bank to halt interest rate hike in the upcoming mid-quarterly credit policy review later this month, according to analysts.

Economists cut India's growth forecasts

Economists cut India's growth forecasts

Rediff.com25 May 2012

Goldman cut India's growth estimates to 6.6 per cent from 7.2 per cent for the fiscal year ending March 2013, while BofA revised its forecast to 6.5 per cent from 6.8 per cent.

Insider trading: Rajat Gupta's trial begins in US

Insider trading: Rajat Gupta's trial begins in US

Rediff.com21 May 2012

The trial of former Indian-American Goldman Sachs director Rajat Gupta began in New York on Monday in what is the most high profile case of insider trading in US history.

With 1,119 job offers, IIT-Kharagpur leads placement

With 1,119 job offers, IIT-Kharagpur leads placement

Rediff.com11 Dec 2019

IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5

Rajat Gupta, freed from jail but confined to home

Rajat Gupta, freed from jail but confined to home

Rediff.com21 Jan 2016

Rajat Gupta was freed from Federal Medical Centre Devens, a federal correctional facility in Ayer, Massachusetts, on January 5.

What Gen Zers spend their bucks on

What Gen Zers spend their bucks on

Rediff.com11 Apr 2017

Marketers must understand how aware Gen Z is of its unlimited options while tapping into their sentiments.

F1 float may finally get off grid

F1 float may finally get off grid

Rediff.com4 May 2012

The idea of floating Formula One has been around for more than a decade but there appears to be real momentum on this occasion to sell off as much as 30 percent of the company.

India Inc's Dec foreign borrowing up 14%

India Inc's Dec foreign borrowing up 14%

Rediff.com14 Jan 2015

India Inc borrowed heavily in December.

Rajat Gupta: Man who had everything but blew it away

Rajat Gupta: Man who had everything but blew it away

Rediff.com30 Dec 2011

Rajat Gupta was the former head of bluechip consulting firm McKinsey.