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Rajat Gupta to finish sentence at New York home

Rajat Gupta to finish sentence at New York home

Goldman Sachs Group's former Indian American director Rajat Gupta, freed early after serving 19 months in federal prison, will have to stay at home until March with an ankle bracelet, according to a media report.


Rajaratnam to pay $1.45 million for insider trading civil suit settlement

Billionaire hedge fund boss Raj Rajaratnam, who allegedly made over 70 million dollars through insider trading, will pay nearly 1.45 million dollars to US authorities to settle a civil lawsuit.

Gupta says shouldn't be required to pay $6.78 mn to Goldman

In a lengthy 43-page motion filed in US District Court here yesterday, Gupta has opposed Goldman's demand for "restitution" of legal fees and other expenses totalling USD 6.78 million.

Insider trading: Gupta to stay free on bail pending appeal

India-born former Goldman Sachs director Rajat Gupta can remain free on bail while he challenges his conviction on insider-trading charges, a US court ruled on Wednesday.

Rajat Gupta should pay $15 mn penalty: SEC

US government has asked a court here to slap a maximum penalty of USD 15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm for his "terrible breach of trust" by indulging in insider trading.

'Gupta's sentencing to deter others from breaching duties'

Gupta, 63, was sentenced by US District Judge Jed Rakoff yesterday to two years imprisonment followed by a year of supervised release and a USD five million fine.

I lost my reputation, says apologetic Rajat Gupta

Gupta has been ordered to pay a USD five million fine and would have to surrender in prison on January 8 next year. He will also have to undergo a year of supervised release after his prison term ends.

Rajat Gupta: A corporate honcho's stunning fall from grace

Born in Maniktala in Kolkata, Gupta is the son of a freedom fighter-turned-journalist father and school teacher mother.

Rajat Gupta's fate to be sealed today

The Prosecution has sought a prison term of 8-10 years for the 63-year-old Gupta.

Prosecutors 'tarring' Rajat Gupta: US judge

A US federal court judge trying Rajat Gupta on insider trading charges has observed that prosecutors were "tarring" the former Indian-American managing director of McKinsey & Co. with an unrelated separate scheme.

US judge to rule on evidence about Reliance at Rajat Gupta trial

A US judge trying Rajat Gupta, former Indian-American chief executive of McKinsey & Co, is yet to decide whether an e-mail relating to Reliance Industries chairman Mukesh Ambani should be allowed in evidence.

Email, wiretaps try to link Rajat Gupta to Rajaratnam

Indian-American former Goldman Sachs director Rajat Gupta tipped convicted hedge-fund manager Raj Rajaratnam about a mega deal that helped him make nearly a million dollars, prosecutors have claimed as jurors in his trial heard a series of key wiretapped phone conversations.