Rajat Gupta, an important man with exemplary personal qualities, falls to disaster because of a combination of a personal failing and circumstances with which he cannot deal.
Gupta, 63, read from a prepared statement for six minutes before being sentenced.
A US judge has dismissed much of a lawsuit by soccer players and parents seeking to force FIFA and other governing bodies to change the sport's rules to limit the risk of concussions and other head injuries, especially for children.
Egyptian-born 54-year-old one-eyed and hooked-hand cleric appeared in Manhattan federal court amid tight security for his arraignment before US District Judge Katherine Forrest, his second court appearance after being extradited from UK over the weekend.
At a federal court hearing in Bridgeport, Conn., United Technologies and its two subsidiaries, Pratt & Whitney Canada and Hamilton Sundstrand Corp, pleaded guilty to violating Arms Export Control Act and making false statements in connection with its export to China of US-origin military software used in China's first modern military attack helicopter the Z-10
US women's soccer team say lawsuit about more than money
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 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.
A group of eight Muslims has filed a federal lawsuit against the New York City Police Department, demanding that it bring an end to its surveillance practice initiated in the aftermath of the September 11 attacks, of spying on mosques and businesses managed by the community. The lawsuit, filed on Wednesday in a federal court in New Jersey, is the first major legal challenge to NYPD's spy operations.
The judge said the evidence that Gupta passed illegal information about Goldman Sachs to now-jailed hedge fund founder Raj Rajaratnam was not only overwhelming, it was disgusting in its implications.
Former staffer files suit in US, says harassed after reporting visa abuse.
United States President Barack Obama wanted to try Osama bin Laden in a federal court if the United States Navy SEALs had managed to capture the Al Qaeda chief from his hideout in Pakistan, a new book has claimed.
The woman sued him in federal court on Tuesday for an unspecified amount of monetary damages, raising a question of whether a criminal trial will take place.
Summary of sports events and persons who made news on Monday
A United States judge has reserved his orders on submissions by the Congress party that the 1984 anti-Sikh riots case filed against it by a rights group in New York be dismissed as the Manhattan court does not have jurisdiction over the case.
'I have taken a loan of Rs 35 lakhs.' 'Even if my university allows me to stay, I feel cheated.' 'Thousands of Indian students in the US will be forced to return to India if their college/university courses go fully online.
The small state becomes the first to challenge the ban, which they say violates the US Constitution.
Infosys had earlier requested the court to decide the case filed by its former employee Jack Palmer on the alleged B-1 business visa misuse by an arbitrator instead of a judge or a jury.
The prosecution and defense presented their closing arguments in the high-profile insider trading trial of Gupta in Manhattan federal court on Wednesday.
Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.
Ram Varadarajan and California Cricket Academy have filed a lawsuit against United States of America Cricket Association,Inc(USACA) alleging history of electoral delays and manipulation at the USACA present board members.
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.
The Indian government is concerned only because Indian names are involved, the source said.
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.
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.
The prostitution scheme was masterminded by Kishan Modugumudi and his wife Chandra, 31 where they charged clients up to $3,000 (Rs 2.04 lakh) for each sexual encounter.
51-year-old Vikram Datta, who was found guilty in September last year on money-laundering charges, was sentenced in Manhattan federal court in New York.
The Congress party, which has been named in a case in New York for its alleged role in the 1984 anti-Sikh riots, has challenged the jurisdiction of an American court to hear the matter filed against it by a Sikh advocacy group
The stock jumped 12.9 per cent to Rs 95.80 at Bombay Stock Exchange.
A 21-year-old Hispanic man arrested for firing rifle shots at the White House was charged with attempting to assassinate United States President Barack Obama, or member of his staff.
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.
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.
Apple was expected to sue Samsung for patent infringement on the grounds that it "slavishly" copied its iPad tablet.
The Congress Party has sought dismissal of an anti-Sikh riots case against it in a United States court on the ground that the case was filed nearly 25 years after the 1984 riots took place. A US judge will hear the motion on June 27.
Ranbir Singh Shergill, 18, was arrested this weekend and has been ordered held.
Pankaj Oswal previously claimed that he was entitled to funnel money into his private companies.
The ruling came following an argument in an amicus brief by American Immigration Council.
The move will have a major impact on Indian women as they are the major beneficiary of the Obama-era rule.
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