From 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 IST
Rajat 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 IST
Gupta 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 IST
US 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
