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.
'Even as discord over US-India trade and commerce colours diplomatic relations, defence relations between the two countries remain on a firm footing,' points out Ajai Shukla.
According to the Notice of Appeal filed by his lawyer Gary Naftalis in US District Court Southern District of New York, Gupta's "appeal concerns conviction only."
"Immigrants make many of the nation's greatest discoveries, and create some of the country's most innovative and iconic companies," says their court motion.
The villagers, led by Budha Ismail Jam, along with several other farmers and fishermen, allege that coal-fired Tata Mundra Power Plant in Tunda village in Kutch district, has resulted in widespread environmental damages.
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court.
Indian diplomat Devyani Khobragade's father Uttam Khobragade today said here that re-indictment of his daughter clearly showed that the prosecutor had "no respect" for their own law.
Fifty-four-year-old Rajaratnam's prison sentence is scheduled to begin on December 5 at a federal penitentiary in Massachusetts.
Amul Thapar, 47, had become in 2007 the first South Asian Article III judge when he was appointed as a US District Judge for the Eastern District of Kentucky.
Sikka is considered to be the force behind SAP's analytics platform, HANA that had helped the company strengthen its position in the global market.
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court after conservative icon Justice Antonin Scalia's sudden death.
US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.
Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.
Gupta's lawyers said he did not accrue any 'direct financial benefit' from the insider trading offences and yet he has been ordered to pay a 'heavy price' of two years in prison, a $5 million fine and a separate $6 million in restitution to Goldman Sachs.
In just 18 frames, the photograph of the dainty Sheena, with her winsome smile and starry eyes, dissolved, flesh falling off her facial bones, into what the CBI alleged was her corresponding yellowed, morose-looking skull with hollow, haunting eye sockets.
Leading Republican presidential candidate Ted Cruz supported the FBI on the issue.
Gupta was convicted of passing confidential information.
A United States court has asked a Sikh rights group to serve summons on Prime Minister Manmohan Singh by June 18 or face dismissal of a case of alleged human rights violations against him.
Singh, a native of India, arrived at San Francisco International Airport on September 25, 1991, without any travel documents or proof of identity.
On Tuesday, the trial of Aakash Dalal commenced in a US court for allegedly masterminding a synagogue bombing plot in New Jersey. Arthur J Pais reports on the proceedings.
In a fresh turn in the Mumbai terror attack case, the city police will approach the trial court seeking a letter rogatory to obtain evidence from a US court about alleged involvement of David Headley and Tahawwur Rana in the 26/11 attacks.
The Congress has opposed an appeal filed by a Sikh group that challenged dismissal of the 1984 rights violation case against it, saying the group does not represent the victims and United States courts cannot rule on cases involving an incident that took place in India 30 years ago.
A 25-year-old Indian-American engineering student has been sentenced to life in prison by a US court for fatally stabbing his friend after allegedly finding him cheating with his girlfriend.
The lawyers of Varsha Sabhnani and her husband Mahender Sabhnani, put their arguments before the three-judge panel of the US Court of Appeal in Manhattan, asking for their convictions to be overturned. Varsha's lawyer argued that the publicity prevented her from getting a fair trial and Mahender's attorney sought reversal of the conviction on the ground that he was not actively involved in the torture of the two women.
Paul Kevin Curtis, 45, if convicted on these charges faces maximum possible penalties of 15 years imprisonment, $500,000 fine and three years of supervised release, federal authorities said.
Described by United States President Barack Obama as a "trailblazer", Indian-American Srikanth Sri Srinivasan has moved closer to become the first South Asian circuit court judge in the history of the United States.
The individual identified as Syed Vaqar Ashraf, charged on nine counts, transferred more than $62,000 (Rs 41.4 lakh) to a US company in different money transfers from Pakistan between 2012 and 2014, towards the purchase of a series of high-end drones -- with an estimated cost of more than $340,000, according to court documents.
While the bill is yet to be passed by the House of Representatives before it lands up on the table of Obama to sign it into law, the White House has said that Obama would veto it.
Gupta is scheduled to be released from prison in March, 2016.
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.
Srinivasan is the only Indian American re-nominated by Obama for the District of Columbia Circuit.
While the Iranian citizen Hamid Asefi, 67, was sentenced to 23 months, a US citizen Behzad Karimian, (52), also known as "Tony" Karimian who holds a valid Iranian passport and is employed as a Mesaba Airlines Pilot, was sentenced to 52 months in prison on Monday.
Goa police on Wednesday said it has come to light that "bribe was paid" by a US firm for a water developmental project in the state.
Was it plain red tape or lack of direct evidence against the ISI which prevented India from being part of the suit before the US court? Vicky Nanjappa finds out.
Bajaj added that doing something like insider trading was height of stupidity.
United States Attorney General Jeff Sessions said that Trump is concerned about America's safety.
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.
Ajmal Kasab was hanged, but there are four other trials that need to be expedited to bring the real masterminds of the 26/11 attacks to justice. Vicky Nanjappa reports
Hours after he was extradited from the United Kingdom to face terrorism charges and a possible life sentence, one-eyed radical Islamic cleric Abu Hamza al-Masri made his first appearance in a US court, which ordered that he be held under detention till his formal arraignment on October 9.
Besides the hooked-hand Hamza, the others who were extradited are Adel Abdul Bary, Khalid al-Fawwaz, Babar Ahmad, and Syed Talha Ahsan; the last two of whom pleaded not guilty in a US court where they were produced soon after their arrival in the US.
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