'You cannot imagine, one player is going to die and then they're going to see'
While 26 trucks crossed over to Pakistan-occupied Kashmir, 13 from there reached the Indian side.
Indian-origin Mathew Martoma, convicted for his role in the most lucrative insider trading scheme in US history involving $275 million, will be sentenced in June and could face about 20 years in prison.
Justice Ruth Bader Ginsburg, who handles emergency applications from the 2nd Circuit, on Wednesday denied Gupta's request to stay out of prison.
RIL has filed a petition before SAT against Sebi's rejection of its application for 'consent settlement' of a probe into alleged violation of insider trading norms in sale of shares of the company's erstwhile subsidiary RPL.
Rajaratnam's appeal against his conviction comes a day after a federal judge sentenced his friend and business associate Indian-American Rajat Gupta to two years imprisonment for leaking boardroom secrets to him.
The importance of China as India's top trading partner cannot be understated.
RIL had sought to settle a probe by Sebi into the alleged violation of insider-trading norms in sale of shares of its erstwhile subsidiary Reliance Petroleum in 2007.
The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.
To safeguard the interest of small shareholders vis-a-vis promoters and other large investors during company takeovers, market regulator Sebi on Friday brought the entities holding more than five per cent stake under its insider trading regulations.
Reliance Industries Ltd had sought to settle certain investigations into alleged violation of insider trading norms in sale of shares of its erstwhile subsidiary Reliance Petroleum Ltd, but the application to settle of the matter under Sebi's consent framework was rejected by the regulator.
There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties.
The Indian Institute of Technology and Harvard educated former McKinsey head is one of the most prominent Wall Street titans to be charged by fellow Indian and Harvard alumnus Bharara.
The National September 11 Memorial and Museum has two new additions to their collection -- the fatigue shirt worn by a member of SEAL Team Six during the Osama bin Laden raid and a commemorative coin given to 'Maya', the Central Intelligence Agency operative who helped track the Al Qaeda founder, and a brick from bin Laden's compound in Pakistan.
What should be made out of the Madras high court order involving non-Hindus' entry into Hindu temples, when many non-Hindus are among the hundreds of thousands that have been worshipping at these temples for generations, asks N Sathiya Moorthy.
The bench observed that it needs more time to study Sebi's view on the matter.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
A United States court in New York has dismissed a lawsuit filed by an Indian-origin law student against Manhattan's top federal prosecutor Preet Bharara and the justice department for unlawfully questioning her and seizing the phone during Rajat Gupta's insider trading trial.
Sebi pulled them up for delay in amending insider trading norms.
'It was a machinery of death. A large number of Hindus were first converted and then persecuted from 1560 all the way to 1812!' says novelist Richard Zimler.
An Indian-origin law student has sued Manhattan's top federal prosecutor Preet Bharara and the US Justice Department claiming she was unlawfully questioned and her cell phone confiscated after she sent letters to the presiding judge during Rajat Gupta's insider trading trial.
Mathew Martoma, 38, was arraigned at Manhattan federal court in New York on Thursday before Judge Paul Gardephe and entered a not guilty plea to one count of conspiracy to commit securities fraud and two counts of securities fraud.
The bulk of of trading on stock markets is done algorithmically, by computerised clerks working at the behest of human traders.
The company should be given a fair chance to be heard in the matter, the judges said and posted the matter for further hearing on December 19.
Testifying for the government on the eighth day of 63-year-old Gupta's insider trading trial yesterday, former marketing executive at Sri Lankan native Rajaratnam's Galleon hedge fund Ayad Alhadi disclosed that Gupta had been secretly serving as a Galleon executive.
According to the email, Kumar said, "When with Mukesh on portfolio question. . . 2 things to explore: A) Raj wants to know if they will get into the solar biz aggressively and when (there are implications for supplier companies etc)."
Raj Rajaratnam, the main accused in the largest hedge fund insider trading case in the United States history was on Wednesday found guilty on all 14 counts of securities fraud and conspiracy.
Leading IIT alumni in the United States, including former chairmen and CEOs of Fortune 500 multinational conglomerates like Raj L Gupta, expressed sadness over the Greek-like tragic fall of Rajat Gupta.
Will Judge Jed Rakoff be swayed by the former Goldman director's influential well-wishers or will he deliver stiffer punishment?
The younger brother of jailed hedgefund manager Raj Rajaratnam Monday pleaded not guilty at a US court to charges of conspiring in an insider trading scheme to cheat on Wall Street and earn nearly $1.2 million illegally.
As emotions escalate and drama intensifies, The Night Manager 2 becomes more gripping, applauds Mayur Sanap.
US District Judge Jed Rakoff had set as October 18 the date for sentencing Gupta after the ex-McKinsey head was found guilty by a jury here of passing confidential company information to Rajaratnam.
She was also ordered to pay $1.5 million in forfeiture.
India-born former Goldman Sachs director Rajat Gupta has asked a US court for a new trial to reverse his conviction on insider trading charges, arguing that the district judge had committed "serious evidentiary errors" that tipped the scales decisively in the case.
The memo was submitted to Judge Richard Holwell, who is scheduled to sentence Rajaratnam on September 27.
'Later, I asked Hrithik how he could have remained so calm in the circumstances. He told me simply, "What could have happened? At the most, they would have killed me".'
Private players continued to show strong momentum in the life insurance individual new business segment during August, 2023. On an aggregate, the industry registered 14 per cent growth year-on-year (Y-o-Y) compared to 15 per cent in July '23. Private players were up 21 per cent Y-o-Y, up from 16 per cent Y-o-Y in July '23, while public insurers' growth was muted at 3 per cent.
Jailed hedge-fund founder Raj Rajaratnam has agreed to pay $1.45 million to settle a civil lawsuit filed by US regulator SEC against him and India-born former Goldman Sachs director Rajat Gupta for their roles in one of the largest insider-trading schemes in US history.
'Here is a man who can steer the country out of the woods. That sense of hope towards Modi was already there. And now that he has actually visited this region, it will go to the next level.' Zafar Sareshwala, a close confidant of Prime Minister Narendra Modi, shares his impressions about the PM's historic visit to the United Arab Emirates.
Mathew Martoma is charged with using non-public informationm, that he received from a doctor on the clinical trial of an Alzheimer's disease drug, to make profits.
