News for 'insider trading'

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.

Unravelling what awaits us in 2022

Unravelling what awaits us in 2022

Rediff.com13 Jan 2022

As the industrial era wanes, the network era looms, notes Ajit Balakrishnan.

How Hamas infiltrated Israel by land, sea and air

How Hamas infiltrated Israel by land, sea and air

Rediff.com8 Oct 2023

In an unprecedented attack that few Israelis saw coming on the Jewish holiday of Simchat Torah on Saturday, Hamas fired thousands of rockets and sent dozens of fighters into Israeli towns near the Gaza Strip.

Rajat Gupta seeks to depose Goldman executives

Rajat Gupta seeks to depose Goldman executives

Rediff.com23 Nov 2011

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.'

The rise and fall of Rajat Gupta

The rise and fall of Rajat Gupta

Rediff.com31 Oct 2011

From a man used to rubbing shoulders with the most powerful businessmen in the world, Rajat Gupta is now staring at a lengthy prison sentence.

Rajat Gupta's arrest sends shockwaves through ISB

Rajat Gupta's arrest sends shockwaves through ISB

Rediff.com27 Oct 2011

The $130-million world class premier Indian School of Business in Hyderabad, a brain child of Rajat Gupta, was nurtured by him and his other colleagues in McKinsey through the nineties and the last decade.

Gupta surrendered on Diwali, thinking 'Gods will protect him'

Gupta surrendered on Diwali, thinking 'Gods will protect him'

Rediff.com27 Oct 2011

Julka recalls that after the May conviction of Gupta's billionaire friend hedge fund founder Raj Rajaratnam, Gupta seemed worried and nervous about his own future.

India Inc's missing whistle-blowers

India Inc's missing whistle-blowers

Rediff.com21 Jul 2022

The latest whistle-blower revelations of multiple shenanigans at global ride-hailing app Uber, coming thick and fast after serial exposes of various dodgy practices at Facebook, Apple, Amazon, Netflix, Google in the recent past raises uncomfortable questions about India Inc. If the FAANGs, Twitter and Uber can be guilty of multiple and diverse transgressions what's happening in Indian corporations? It can be nobody's case that India's largely family-owned and - managed private sector is a beacon of transparency or best corporate governance practices, bolstered as it is by an informal omerta among employees, managements and even boards.

'Rajaratnam made millions thanks to Indian-Americans'

'Rajaratnam made millions thanks to Indian-Americans'

Rediff.com22 Mar 2011

Raj Rajaratnam made $4 million on Hilton stock in a single day after allegedly getting tips.

Rajaratnam's case a 'conspiracy', says lawyer

Rajaratnam's case a 'conspiracy', says lawyer

Rediff.com10 Mar 2011

Both the prosecution and defence made opening statements on the second day of the trial involving the Sri Lankan-born billionaire who faces charges of 14 counts of security fraud and conspiracy.

Hindu Influence Is Visible All Over Cambodia

Hindu Influence Is Visible All Over Cambodia

Rediff.com27 Dec 2023

Brahma, Vishnu, Shiva, Ram, Laxmi, stories from the Hindu epics are seen in carvings, paintings and murals, as well as recognisable figures from mythology, like Garuda, Sheshnag, Nandi and Apsaras, notes Deepa Gahlot, savouring the beauty of Cambodia.

Digital denies leak in Arora imbroglio

Digital denies leak in Arora imbroglio

Rediff.com11 Aug 2003

Digital Globalsoft, in a release issued to the Bombay Stock Exchange on Monday, said the company has implemented and adopted comprehensive insider trading policy guidelines and processes

Rajaratnam wants to exclude wiretaps from trial

Rajaratnam wants to exclude wiretaps from trial

Rediff.com27 Jan 2011

Raj Rajaratnam, the Galleon Group founder accused of masterminding the largest insider trading scam in the US history, has asked a judge to exclude some wiretaps from his trial next month, arguing they have little to do with the case.

Vodafone, Essar feud heats up

Vodafone, Essar feud heats up

Rediff.com21 Jan 2011

UK telecom giant Vodafone has alleged that its Indian joint venture partner, the Essar group, may be involved in violation of insider-trading regulations. The dispute between the two came into the open after Essar proposed a reverse merger of group company Essar Telecom Holdings (ETHPL) into listed entity Indian Securities (ISL).

Chinese move against Taipei will disrupt global chip supply: Taiwan

Chinese move against Taipei will disrupt global chip supply: Taiwan

Rediff.com26 Jun 2023

The Taiwanese foreign minister said the time has come for all democratic countries to find ways to deal with China's expansionist agenda and its military muscle flexing, especially in the maritime domain.

Rajaratnam seeks delay in reporting to prison

Rajaratnam seeks delay in reporting to prison

Rediff.com1 Dec 2011

Fifty-four-year-old Rajaratnam's prison sentence is scheduled to begin on December 5 at a federal penitentiary in Massachusetts.

SAT gives reprieve to former Adlabs chief

SAT gives reprieve to former Adlabs chief

Rediff.com27 May 2011

In a partial reprieve to Manmohan Shetty, former chairman of media company Adlabs Films, the Securities Appellate Tribunal (SAT) on Friday lowered the penalty amount to Rs 25 lakh from Rs 1 crore for alleged violation of regulatory norms.

Jury to again deliberate Rajaratnam trial

Jury to again deliberate Rajaratnam trial

Rediff.com5 May 2011

Since April 25, 12 jury members have been deliberating on the 14 counts of securities fraud and conspiracy charges levied against the main accused Raj Rajaratnam.

A 150-Year-Old Himalayan Bridge At 11,000 Feet

A 150-Year-Old Himalayan Bridge At 11,000 Feet

Rediff.com11 May 2023

After a 59-year wait, an ancient trade route across a 150-year-old bridge is open near the India-China border in Uttarakhand.

Defence case begins in Rajaratnam trial

Defence case begins in Rajaratnam trial

Rediff.com12 Apr 2011

Raj Rajaratnam, the key accused in the biggest insider trading case in US history, worked hard to learn how the markets was operating and didn't need illegal tips to make money, a former executive of the hedge fund has testified.

McKinsey director testifies against Rajaratnam

McKinsey director testifies against Rajaratnam

Rediff.com11 Mar 2011

Former McKinsey director Anil Kumar on Friday testified against his ex-Wharton classmate and Sri Lankan-born billionaire Raj Rajaratnam in the biggest insider trading case to hit US courts in decades.

Did Ambani firms violate govt rules?

Did Ambani firms violate govt rules?

Rediff.com18 Feb 2009

Acting finance minister Pranab Mukherjee, in a written reply, said Mukesh Ambani-led Reliance Petroleum Ltd was one of the 19 companies against which complaints of insider trading were received by market regulator Securities and Exchange Board of India.

'Why is BCCI afraid of making Mudgal report public?'

'Why is BCCI afraid of making Mudgal report public?'

Rediff.com25 Nov 2014

The Cricket Association of Bihar (CAB) on Tuesday urged the Supreme Court to make public the findings of the Justice Mukul Mudgal Commission, which probed the spot-fixing and betting scandal in the sixth edition of the Indian Premier League in 2013.

Rajat Gupta tipped off Galleon: <i>WSJ </I>

Rajat Gupta tipped off Galleon: WSJ

Rediff.com23 Apr 2010

Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.

Galleon scam: US examining role of Rajat Gupta

Galleon scam: US examining role of Rajat Gupta

Rediff.com15 Apr 2010

The US government is examining the possible role of Goldman Sachs and well-known investment banker Rajat Gupta in the Galleon hedge fund insider trading scam, says a media report.

SEBI bars Alliance Capital official from market

SEBI bars Alliance Capital official from market

Rediff.com10 Aug 2003

Samir Arora, chief investment officer of Alliance Capital Asset Management (India) Private Limited, is accused of insider trading.

I tipped Rajaratnam, says ex-Intel executive Rajiv Goel

I tipped Rajaratnam, says ex-Intel executive Rajiv Goel

Rediff.com23 Mar 2011

Rajiv Goel, a former Indian American Intel executive, has said that he passed secret tips to his 'friend' Raj Rajaratnam, the main accused in the largest insider trading case to hit American courts in decades.

Rajat Gupta resigns as ISB chairman

Rajat Gupta resigns as ISB chairman

Rediff.com21 Mar 2011

A McKinsey veteran, Gupta has decided to take "leave of absence" from management of $1.4-billion PE fund New Silk Route, which he co-founded five years ago.

The watchdog who barks and bites

The watchdog who barks and bites

Rediff.com18 Aug 2003

Inside New York's stunning subway station

Inside New York's stunning subway station

Rediff.com12 Nov 2014

New York raised the curtain on its new $1.4 billion transit station in lower Manhattan on Sunday, a long-awaited connection between the World Trade Center site and the rest of the city more than 13 years after terrorist attacks ravaged the area.

Have got the world's greatest job, says US legal star Bharara

Have got the world's greatest job, says US legal star Bharara

Rediff.com13 Nov 2013

Prominent Indian-American attorney Preet Bharara has no plans to quit as the chief federal prosecutor in Manhattan anytime soon as he has the "greatest job in the world" but said he will "walk the earth and get into adventures" whenever he retires.

'Sebi has greater powers than US SEC'

'Sebi has greater powers than US SEC'

Rediff.com26 Oct 2009

The latest in this class is the complaint of insider trading filed by the United States Securities Exchange Commission against many individuals in a Manhattan court. The list of individuals includes Anil Kumar, a member of the much-feted Indian School of Business and reputed hedge fund manager Raj Rajaratnam.

US: 'Tainted' Lankan billionaire financed LTTE

US: 'Tainted' Lankan billionaire financed LTTE

Rediff.com23 Oct 2009

Rajaratnam, 52, founder of the Galleon Group, was indicted on October 16 for insider trading. The litigants have accused him of knowingly financing the LTTE and providing it with other forms of support through front organisations.

China's one-time richest man gets 14 years in jail

China's one-time richest man gets 14 years in jail

Rediff.com18 May 2010

Huang, also known as Wong Kwong-yu, was convicted by the Beijing No 2 Intermediate People's Court with also ordered confiscation worth 200 million yuan of his assets.

Snubbing Bhutto And After

Snubbing Bhutto And After

Rediff.com24 May 2023

Our focus is not on substance, but communicating how we did not shake hands and how we made angry faces. This is what India's foreign policy has become, notes Aakar Patel.

Collectors' items: Some of these exotic pets cost Rs 150,000!

Collectors' items: Some of these exotic pets cost Rs 150,000!

Rediff.com3 Jul 2022

White-lipped tamarin is a type of monkey that lives in the Amazon area of Brazil and Bolivia. Prevost's squirrel is a colourful species from the forests in the Thai-Malay Peninsula and nearby islands. Sugar gliders are tiny marsupials - 6.3 to 8.3 inches in length - native to Australia.

From 'greed is good' to finance for global good

From 'greed is good' to finance for global good

Rediff.com13 Oct 2010

The Transforming Finance initiative seeks to address these problems by including all stakeholders in a process of democratizing finance through a deep re-structuring of its mechanisms.

Tipper X in Rajaratnam case; bail bid turned down

Tipper X in Rajaratnam case; bail bid turned down

Rediff.com13 Jan 2010

The report by the Wall Street Journal said that this Tipper X is Thomas Hardin, a 32-year-old trader at hedge fund Lanexa Global Management.

Price rigging, market manipulation cases rise

Price rigging, market manipulation cases rise

Rediff.com4 Dec 2009

There has been a rise in the number of cases of stock market manipulation and price rigging, according to the Securities and Exchange Board of India (Sebi).