According to court documents, Singh carried out an investment fraud through an entity known as the Perfect Financial Group.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
A US court has indicted three owners of a bankrupt Chicago-based real estate development firm for operating a Ponzi scheme that defrauded hundreds of investors, including Indians and Pakistanis, and three banks out of $43 million while claiming to be compliant with Sharia law.
On Wednesday, the alleged victim, a 32-year-old chambermaid, testified against Strauss-Kahn that 'there was nothing consensual' about the assault that allegedly took place on Saturday in a Manhattan hotel room, ABC News reported.
World soccer's governing body FIFA has hired a former New York prosecutor to represent it as senior officials face bribery and corruption charges in a US court, a person familiar with the matter said.
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.
Internet search giant Google has sued the US Department of the Interior alleging that the federal agency favoured rival Microsoft while considering bids for e-mail and collaboration software for its 88,000 employees.
Three Indians have joined a Sikh rights group in filing an amended lawsuit appealing a US court to designate the RSS as a "terror group".
In 2009, the count of such filings stood at 1.47 million. "Bankruptcy filings in the federal courts rose 8 per cent in calendar year 2010... Total filings remain at a five-year high," Administrative Office of the US Courts said in a statement on Tuesday.
Raja Lahrasib Khan, the 56-year-old Pakistani American cab driver accused of sending some few thousand dollars to Al Qaeda leader Ilyas Kashmiri filed a motion for his release in a US court.
The United States has made "no determination" on the question of diplomatic immunity for Urban Development Minister Kamal Nath against the backdrop of the summons issued against him by a US court on a lawsuit alleging his involvement in the 1984 anti-Sikh riots.
At age 63, Garland is the oldest person nominated to the Supreme Court since President Nixon named Justice Lewis Powell in 1971.
In a statement, Hays County Sheriff's office said it was on the lookout for Prakashanand Saraswati, known to his devotees as Shree Swamiji and is head of the 200-acre Hindu ashram in Texas, after the arrest warrant was issued against him.
Dubbing as "paltry" the relief announced recently for Bhopal disaster victims, the opposition on Wednesday demanded a substantial increase in it and asked the government to become a party to a petition filed in a US court to extract compensation from American firm Dow Chemicals.
India Abroad -- the newspaper published from New York and owned by Rediff.com -- releases a special edition honouring the 11 winners of the India Abroad Person of the Year Award.
Pfizer, the world's largest drug company, and Wyeth have sued Daiichi Sankyo-owned Ranbaxy Laboratories in a US court for infringing the patent rights of Wyeth's drug, Rapamune.
The court allowed the Los Angeles Police to enforce a 13-year-old municipal ordinance, which would prevent members of the movement from seeking donations at the airport.
The bench asked senior advocate Shyam Divan, representing the father of the woman, to ensure that she is produced that day for interaction with the bench, which is likely to ascertain her mental stage and whether she had given free consent to the marriage.
Congress President Sonia Gandhi will move a United States court in New York seeking dismissal of a human rights violation lawsuit filed against her by a Sikh advocacy group and will urge the court to prevent it from filing further cases on the 1984 anti-Sikh riots in America.
A Moroccan-origin US citizen has pleaded guilty before a US court to providing material support to the Al Qaeda, adding to the growing list of recent cases of naturalised American nationals involved in terror activities.
Ten alleged members of a Russian spy ring are expected to plead guilty in US court which could facilitate a larger prisoner swap between Washington and Moscow, reports said on Friday.
Efforts to curb the power of corporations and assert the power of citizens through democratic processes are vital, says Rajni Bakshi.
Gowadia (66) has pleaded not guilty to 21 counts, including conspiracy, violating the arms export control act and money laundering.The indictment accuses Gowadia of helping China design a cruise missile with stealth capabilities.
Obama is likely to choose either "trailblazer" Srinivasan or Merrick Garland as his pick for the Supreme Court nominee and could announce his decision early Thursday morning (IST).
In a volte-face, Pakistani-American Lashkar-e-Tayiba operative David Coleman Headley, accused of plotting the 26/11 Mumbai terror attacks and conspiring to target a Danish newspaper, pleaded guilty on Thursday before a US court in Chicago.
Boxer Manny Pacquiao was sued in a US court on Tuesday by two people who said they paid to watch him fight Floyd Mayweather Jr. in the "Fight of Century" but felt defrauded by Pacquiao's alleged failure to disclose a pre-bout shoulder injury.
United States prosecutors have taken strong objection to Pakistani-American Mumbai terror attack suspect Tahawwur Rana's assertion that he believed in the principles of non-violence advocated by Mahatma Gandhi, claiming that he 'admired and supported mass murderers'. While seeking a bond, defendant Rana had argued that he believes in non-violence.
US District Judge William Duffey Jr of federal court in Atlanta sentenced Pakistan-origin Syed Haris Ahmed of Atlanta and Bangladesh-American Ehsanul Islam Sadequee of Roswell, Georgia, following their convictions earlier this year in separate but related criminal trials.
A US court has sentenced an Indian to 81 months in prison on conspiracy and aggravated identity theft charges arising from an international fraud scheme to "hack" into online brokerage accounts in America and use those accounts to manipulate stock prices.
Rajat Gupta was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.
A Pakistani-origin taxi driver indicted on charges of providing material support to terror group the Al Qaeda and accused of having links with Hasrkat-ul-Jihad-al-Islami chief Ilyas Kashmiri pleaded not guilty in a US court on Monday.
A Pakistani-origin taxi driver, with suspected links to Harkat-ul-Jihad-al Islami chief Ilyas Kashmiri, has been indicted on charges of "knowingly" attempting to aid the Al Qaeda.
A US court on Wednesday fixed April 7 as the date for the preliminary hearing in the case of a Pakistani-origin taxi driver who was arrested by the Federal Bureau of Investigation in Chicago on charges of providing material support and funds to Osama bin Laden's Al-Qaeda terror group.
United States Attorney James Santelle announced that a grand jury sitting in Milwaukee Court returned a six-count indictment charging Sujata Sachdeva (46), who is also known as Sue Sachdeva, with six counts of wire fraud. Sachdeva is the former vice president of finance, secretary, and principal accounting officer for Koss Corporation, a publicly traded company located in Milwaukee, Wisconsin.
"The economic debacle over the last two years devastated Advanta's small business customers and Advanta itself," its Chairman and CEO Dennis Alter said.
Pakistani-American David Headley's confession in a US court about his involvement in the Mumbai terror attacks has strengthened the 26/11 case, currently being heard by a special judge in Mumbai, public prosecutor in the case Ujjwal Nikam said on Friday.
David Coleman Headley, who pleaded guilty before a United States court on Thursday night, cannot be impleaded in the 26/11 trial going on in Mumbai as it is nearing completion, but he can be put on trial in Pakistan, Special Public Prosecutor Ujjwal Nikam said on Friday. However, he said, Pakistani-American Headley's admission of guilt before a US court has strengthened the Mumbai terror attacks case, which is being heard in a special court.
According to evidence presented at trial, Kernell obtained unauthorised access to Palin's personal e-mail account by resetting its password.
The government on Monday said it cannot rule out the possibility of the involvement of a foreign hand in the Pune blast, including a David Headley link, even as it disclosed that an Inter Services Intelligence -sponsored 'Karachi Project' was going on to indoctrinate Indian youth on to the path of terror.Home Secretary Gopal K Pillai said there is definitely a Headley link to the Pune blast, since it took place at the German Bakery.
India said on Sunday that it is yet to get access to Lashkar-e Taiba operative David Headley but negotiations are underway on this issue and it is "satisfied" with the progress of discussions.
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