Ties with Rajaratnam not proof of quid pro quo: Rajat Gupta
India-born former Goldman Sachs director Rajat Gupta seeking to set aside his conviction on insider trading charges has said his friendship with jailed hedge fund founder Raj Rajaratnam does not prove he received personal gain by passing on classified information.
Apr 19, 2015, 13:03 PM ISTFrom lofty board room to lowly cell: Gupta begins prison term
Rajat Gupta, former Goldman Sachs Director and a one-time poster boy of Indians in the US, has begun his two-year jail term for insider trading while losing his appeal against paying nearly USD 14 million in civil penalties and ban on serving as a public company officer.
Jun 18, 2014, 10:50 AM ISTRajat Gupta to begin two-year prison sentence today
Gupta is set to report to federal prison the same day that Rajaratnam's younger brother, Rengan, goes on trial in New York on insider trading charges.
Jun 17, 2014, 12:02 PM ISTGupta tells US appeals court $14 mn civil penalty too high
Rajat Gupta, scheduled to begin his two-year prison sentence today, told a US court that he should not be required to pay a heavy USD 13.9 million in civil penalties since he already has to pay over USD 11 million in criminal fines.
Jun 17, 2014, 10:49 AM ISTUS Supreme Court rejects Rajat Gupta's last bid to avoid jail
Gupta, convicted in 2012 of passing confidential board room information is scheduled to begin his prison term on Tuesday.
Jun 12, 2014, 17:55 PM ISTUS Supreme Court denies Rajat Gupta's last bid to avoid jail
Gupta, convicted in 2012 of passing confidential board room information to his friend and business associate Raj Rajaratnam, is scheduled to begin his prison term on June 17.
Jun 12, 2014, 10:37 AM IST