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Rajaratnam's brother charged with insider trading

The younger brother of jailed hedge fund manager Raj Rajaratnam has been charged by US prosecutors with conspiring in an insider trading scheme to cheat on Wall Street and earn nearly $1.2 million......

Taj, Oberoi under pressure from foreign hotel chains

Two years ago, Vivanta by Taj, Pune, (formerly Blue Diamond) sold its base inventory at Rs 17,000 per night. The same room is currently being offered at Rs 5,850 per night. Part of the cause for......

Wall Street scam: Rajaratnam pleads not guilty

Billionaire Raj Rajaratnam, founder of the Galleon hedge fund, has pleaded not guilty to charges that he was a major player in a scheme that used inside information to make stock trades that......

Hedge fund billionaire Rajaratnam indicted

A US federal grand jury has indicted billionaire Raj Rajaratnam, founder of Galleon hedge fund, in a multi-million-dollar Wall Street insider-trading probe. Sri lankan-born Rajaratnam along with......

Hilton pledges $2.3 billion to charity

Hotel heiress Paris Hilton's mega-rich grandfather has bequeathed $2.3 billion or 97 per cent of his net worth to charity, sharply diminishing her chances to cash in on the family fortune. Barron......

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