A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian......
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral......
Mathew Martoma, an Indian-origin hedge fund portfolio manager, convicted for his role in the most lucrative insider trading scheme in US history, was ordered to begin his 9-year jail term......
The Second US Circuit Court of Appeals on Wednesday rejected Martoma's bid for bail pending appeal, saying he has 'failed to show that the appeal raises a substantial question of law or......
An Indian-origin portfolio manager, sentenced to nine years on insider trading charges, won his bid to delay his surrender to prison next week until an appellate panel decides on his motion to......