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 IST
US opposes Rajat Gupta's plea to reverse conviction
India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government provided "overwhelming" proof against him for passing on illegal information in return for "expected potential pecuniary gains," US prosecutors said.
Apr 04, 2015, 13:32 PM IST
Indian entrepreneurs charged with insider trading in US
Two Indian-origin entrepreneurs have been charged by US authorities with insider trading for making over a million dollars in illegal profits through the proposed acquisition of Cooper Tire and Rubber by India's Apollo Tyres.
Apr 03, 2015, 18:17 PM IST
Leakgate: Sebi says probing complaints of insider trading
Amid multiple agencies probing alleged leaks of secret documents from various ministries, Sebi on Sunday said it is looking into complaints of such information having been used for insider trading in stocks.
Mar 22, 2015, 15:53 PM IST
Leakgate: SEBI expands probe to check insider trades
As a probe continues into alleged leak and sale of secret government documents, regulator SEBI is looking into suspected use of such information for 'insider trading' in stocks through a nexus between CAs, brokers and market operators.
Mar 17, 2015, 17:58 PM IST
Rajaratnam, Gupta seek to void US insider trading penalties
The men are the highest-profile defendants convicted in a US insider trading crackdown, focused mainly on hedge funds, unveiled in 2009.
Mar 10, 2015, 10:27 AM IST
SEBI drops insider trading charges against ITC's employee
Market regulator SEBI Thursday dismissed allegations of insider trading against an employee of ITC Ltd saying they could not be established.
Feb 26, 2015, 17:19 PM IST
Sebi notifies stringent insider trading norms
Market regulator Sebi Thursday notified a stricter set of insider trading norms to check illicit transactions in shares of listed firms by management personnel and 'connected persons'.
Jan 15, 2015, 20:09 PM IST
Sebi tightens insider trading norms, revamps delisting rules
Revamping its nearly two-decade old regulations on insider trading, Sebi on Wednesday approved stricter norms, including new definition for connected people, to prevent the menace.
Nov 19, 2014, 18:44 PM IST
New insider trading norms on the anvil; Delisting to get easier
Sources said that the final sets of regulations in all these areas may be in place this month itself, beginning as early as next week.
Nov 02, 2014, 12:45 PM IST
Indian-origin fund manager sentenced to 9 years in jail in US
An Indian-origin portfolio manager has been sentenced here to 9 years in prison for his role in one of the "most lucrative" insider trading schemes ever involving USD 276 million and ordered to forfeit a USD 9.3 million bonus he earned through it.
Sep 09, 2014, 10:18 AM IST
Insider trading: SEBI extends market ban on 4 entities by 5 years
SEBI on Monday extended capital markets ban imposed on four entities by five years for their failure to disgorge an amount within the stipulated time as ordered by the regulator in a case related to insider trading.
Sep 08, 2014, 21:38 PM IST
SEBI for stronger action in high-profile insider trading cases
To send across a strong message to manipulators, capital market regulator SEBI is mulling over ways for more stringent enforcement actions in cases of high- profile and glaring violations of insider trading norms.
Aug 25, 2014, 12:14 PM IST
Ex-Qualcomm exec pleads guilty to insider trading
Officials said the money laundering charges stem from transferring over $500,000 to an account in the British Virgin Islands.
Jul 22, 2014, 08:38 AM IST
The case before SAT not related to insider trading: RIL
Reliance Industries on Friday said its pending plea before the SAT against SEBI is not related to any insider-trading, but challenges the regulator's arbitrary decision to shut the consent mechanism window on it.
Jun 27, 2014, 23:03 PM IST
RIL insider-trading case: SAT ends hearing, verdict on Jun 30
A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer JP Devdhar, on Thursday concluded the hearing on the nearly four-year- long insider trading case against Reliance Industries and said it will pronounce the order on June 30.
Jun 26, 2014, 18:04 PM IST
Ex-Goldman director Gupta loses appeal of $13.9 mn fine, heads to prison
A unanimous three-judge panel said on Tuesday that the standard in a criminal context was different from that in a civil case.
Jun 17, 2014, 21:23 PM IST
Rajat Gupta to report to jail today to begin 2-year sentence
India-born former Goldman Sachs Director Rajat Gupta will Tuesday report to a prison in Massachusetts to begin his two-year sentence for insider trading, after having fought an over three-year long legal battle with all his might to clear his name.
Jun 17, 2014, 13:31 PM IST
SEBI has it all to prove in insider probe
Under the leadership of U.K. Sinha, appointed in 2011, SEBI has built its capacity to identify suspicious trades, insiders and analysts say.
Jun 17, 2014, 09:28 AM IST
Sebi widens probe in L&T Finance insider trading case
Factorial Capital Management, traded in derivative contracts of L&T Finance with Offshore Derivative Contracts.
Jun 06, 2014, 18:14 PM IST
