Rajat Gupta

Insider trading | How Rajat Gupta fell from the pinnacle of power to the ignominy of incarceration

For Rajat Gupta, the reputational damage was huge. McKinsey, the firm he led for nine years, removed his name from the company's alumni directory.

Ex Goldman director Rajat Gupta fined, banned in SEC case

The US Securities and Exchange Commission said the order was issued earlier in the day by US District Judge Jed Rakoff in Manhattan, who also oversaw Gupta's related criminal trial.

Want call data records, not phone-tapping powers: UK Sinha

Securities and exchange board of India (SEBI) chairman UK Sinha clarified that the regulatory body needed call data records (CDRs), not phone-tapping powers for investigations into insider trading cases.

US court studies wiretaps in Rajat Gupta insider case

Lawyers arguiing for Rajat Gupta have asked for the reversal of his insider-trading conviction stating that the wiretap evidence used by the prosecution should not have been introduced at trial. Rajat Gupta's lawyer Seth Waxman argued that the wiretaps played for the jury were not worthy of admission as it was hearsay evidence.

Rajat Gupta to appeal against insider trading conviction

Rajat Gupta will seek appeal against his insider- trading conviction in a US court. The case rested exclusively on circumstantial evidence that relied on wiretap statements that did not involve him will be his argument.

Rajat Gupta asked to repay $6.22 million to Goldman

A federal judge on Monday ordered former Goldman Sachs Group Inc director Rajat Gupta to reimburse USD 6.22 million to the bank to help cover its legal expenses related to his criminal insider trading case.

Ex-Goldman director Rajat Gupta seeks conviction reversal

Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta are urging a federal appeals court to reverse his insider trading conviction, arguing that a judge shouldn't have allowed wiretaps to be heard at trial.

5 fallen idols of 2012

The Kolkata born Gupta was one of the most respected global business icons coming out of India.

Shouldn't be required to pay USD 6.78 mn to Goldman: Gupta

India-born former Goldman Sachs Director Rajat Gupta has said he should not be required to pay the global investment banking firm USD 6.78 million it is asking as reimbursement for legal fees and other expenses incurred by it in connection with his insider-trading case.

Gupta to stay free on bail during appeal

In a relief to India-born former Goldman Sachs director Rajat Gupta, a US appeals court on Tuesday granted his plea to remain free on bail while he appeals his conviction on insider trading charges.

Rajat Gupta should pay USD 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.

Good Men Who Do Bad Things

Having finished his spectacular career at McKinsey in 2007, Gupta, for all his charitable endeavours, may have felt frustrated in not finding new business worlds to conquer

Rajat Gupta, a corporate honcho's stunning fall from grace

From India Inc's Wall Street poster boy to being reduced to a convict in one of the biggest insider trading cases in the US, Rajat Gupta's stunning fall from grace has been improbable.

US prosecutors consider 8-10 yr jail term for Rajat Gupta

US prosecutors are considering a 8 to 10 year prison term for former Goldman Sachs Group board member Rajat Gupta. But, Gupta convicted of insider trading in June has the whos who of the developing and developed world to his side. So far, more than two hundred letters have recommended leniency for him.

Letter from the editor: The slippery slope of success

Here's a poser: Just how often do you hear of stories about sudden career implosions, especially of high-achievers on top of their game, with an incredible track record of academic and professional success, who commit a momentary ethical lapse to find their careers hurtling down a precipice?

Billionaires risk liberty for a few million bucks: Bharara

In an exclusive to CNBC-TV18, US attorney for the Southern District, New York Bharara says that insider trading is ‘pervasive‘ in the US and that organisations are not paying enough attention to building the right culture.