Lawcrime

Rajat Gupta's defence questions hedge-fund trader's credibility

Lawyers defending former corporate director Rajat Gupta on insider-trading charges sought on Wednesday to discredit a former hedge-fund trader who agreed to wear an FBI recording device and testify against others.

Rajat Gupta's lawyer says others leaked on P&G

A number of people other than Rajat Gupta could have leaked confidential information about Procter & Gamble Co's sale of its Folgers coffee unit in 2008, Gupta's lawyer implied to the jury at his insider-trading trial on Tuesday.

Reebok case referred to Serious Fraud Investigation Office

The matter has been referred to the Serious Fraud Investigation Office (SFIO) following a non-invasive scrutiny of the books of accounts of the sportswear maker.

TRAI withdraws complaints against Airtel, Idea and Loop

The TRAI had filed the complaint against the firms for rejecting number portability requests from their subscribers in violation of the TRAI regulations.

Rajat Gupta trial: Prosecutors use email, wiretaps as evidence

Using FBI wiretaps, email, phone records and the testimony of a Goldman Sachs Group Inc director, US prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading trial of onetime corporate star Rajat Gupta.

Rajat Gupta threw away his duties by sharing info: prosecution

By sharing confidential information with his close friend, Rajat Gupta "threw away his duties, and broke the law," Assistant US Attorney told jurors in opening statements at Gupta's highly anticipated insider trading trial.

Compat verdict on DLF's penalty case likely to be delayed

The penalty was imposed following an inquiry based on complaints filed by the flat buyer associations' of two separate DLF projects in Gurgaon.

Sistema to take $1 bn writedown on India

The writedown is a non-cash item that will be recognised in Sistema's fourth-quarter results, eroding earnings.

Claims in wage suit in US without merit: TCS

A judge in District Court in California on monday approved a class action lawsuit, accusing TCS of breaching employee contracts and violating California labour laws.

Posco says it's a law abiding company

In a blow to the country's single largest FDI, the Tribunal today suspended the green clearance granted to the much-awaited project on 31 January.