The American India Foundation announced a new $5 million (about Rs 22.5 crore) initiative to combat HIV/AIDS in India during the non-profit organisation's third annual Fall Benefit Gala in San......
A federal appeals court on Monday upheld the insider conviction of Galleon Group hedge fund founder Raj Rajaratnam. The 2nd U.S. Circuit Court of Appeals in New York rejected Rajaratnam's arguments......
India-born former Goldman Sachs director Rajat Gupta has accepted his two-year imprisonment on insider trading charges as his "destiny" and spending a low- profile life at a Massachusetts prison......
Sri Lanka-born billionaire Raj Rajaratnam's defence teamon Wednesdaytold a US jury that his trading in Goldman Sachs was not based on insider information, but a great deal of research and......
Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was ordered on Thursday to serve 11 years in prison, one of the longest sentences......
Galleon Group founder Raj Rajaratnam's defence team have rested their case in the biggest hedge fund insider trading trial in the US history. Rajaratnam's defence rested their case on Monday.The......