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Rajat Gupta ordered to begin prison sentence in June

Rajat Gupta ordered to begin prison sentence in June

Last Updated: Thursday, April 17, 2014, 22:17

India-born former Goldman Sachs director Rajat Gupta, who had lost his appeal to overturn his conviction on insider trading charges, has been ordered to surrender and begin his two-year prison sentence in June.

Goldman Sachs earnings dip on trading declines

Goldman Sachs earnings dip on trading declines

Last Updated: Thursday, April 17, 2014, 19:40

Goldman Sachs reported lower quarterly profits Thursday due to declines in some key trading divisions, but notched a big gain in financial advisory services.

Rajat Gupta seeks re-hearing of insider trading conviction

Last Updated: Wednesday, April 09, 2014, 14:17

In a unanimous ruling last month, the panel of the appeals court had rejected Gupta's bid for a new trial and upheld his 2012 conviction and sentence.

Global financial biggies catch India poll fever

Last Updated: Wednesday, April 09, 2014, 12:55

These firms also include Bank of America Merrill Lynch, Nomura, Barclays, UBS, CLSA, BNP Paribas, RBS, Deutsche Bank, Credit Suisse, Morgan Stanley and JP Morgan.

Rajat Gupta asks court to rethink $13.9 mn penalty

Last Updated: Tuesday, April 08, 2014, 19:38

India-born former Goldman Sachs director Rajat Gupta has asked a US court to reconsider its order asking him to pay USD 13.9 million in civil penalties in the insider trading case, arguing it was unnecessary given the heavy criminal punishment imposed on him.

Goldman Sachs considers selling NYSE unit

Last Updated: Thursday, April 03, 2014, 02:42

Goldman Sachs is considering selling its business unit that matches buyers and sellers on the floor of the New York Stock Exchange, according to a person familiar with the investment bank's thinking who spoke on condition of anonymity.

Reforms to give 110-mn job boost to economy in 10 yrs: Goldman

Last Updated: Saturday, March 29, 2014, 10:48

As general elections draw closer, global financial major Goldman Sachs said 40 million new manufacturing jobs can be created in a decade if states follow flexible labour laws like in Gujarat.

Reforms to give 110-mn job boost to economy in 10 years: Goldman

Last Updated: Friday, March 28, 2014, 17:57

As general elections draw closer, global financial major Goldman Sachs on Friday said 40 million new manufacturing jobs can be created in a decade if states follow flexible labour laws like in Gujarat.

Very disappointed at court verdict against Gupta: Lawyer

Last Updated: Wednesday, March 26, 2014, 14:58

Gupta was sentenced to two years' imprisonment, to be followed by a one-year term of supervised release, and was ordered to pay a fine of USD 5,000,000.

Rajat Gupta's conviction on insider trading upheld by US court

Last Updated: Tuesday, March 25, 2014, 21:15

India-born former Goldman Sachs director Rajat Gupta was Tuesday sentenced to two years in prison after his bid to overturn his conviction on insider trading charges rejected by a US court.

Gupta should pay $13.9 mn penalty, be banned for life: SEC

Last Updated: Saturday, March 22, 2014, 22:37

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 USD 13.9 million penalty and be banned for life from serving as director of a public corporation.

CPSE ETF oversubscribed, fetches bids worth Rs 4,000 cr

Last Updated: Friday, March 21, 2014, 15:20

The new fund offer (NFO) of the ETF, which closed today, saw Foreign Institutional Investors (FIIs) lap up the scheme pouring in bids of over Rs 1,000 crore alone on the last day.