Rajat Gupta to face U.S. jury in insider trading case
Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.
On
Facebook shares plunge below IPO price
Facebook shares plunged more than eight per cent below the IPO price of $38 in opening trade on Monday, after fizzling in their debut on Friday.
Three minutes into opening trade, the shares were chan
Achieving 7.5 pc growth in 2012-13 tough task: Montek
Falling rupee and high inflation would make it difficult for India to achieve 7.5 per cent economic growth during the current financial year, Planning Commission Deputy Chairman Montek Singh Ahluwa
Chinese dissident Chen arrives in US
Blind Chinese activist Chen Guangcheng began a new life in the United States on Saturday, drawing a line under a month-long diplomatic saga that embarrassed Beijing and tested ties between the world s
JPMorgan to be haunted by change in risk model
JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffer
Facebook falls flat in market debut
Facebook shares stumbled on Friday, managing a gain of less than one per cent in the first day of trade, dampening optimism over the much-anticipated debut for the world's biggest social network.
The
Facebook stock finishes flat in debut
In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surround
Facebook prices at top of range in landmark IPO
Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
The offering put
Gupta trial could feature big corporate stars
Lloyd Blankfein, Warren Buffett and other well-known chieftains of corporate America might be called to testify at the insider trading trial starting on Monday of former Goldman Sachs Group Inc and Pr
India can grow 8-9 per cent for 20 years: Montek Ahluwalia
India can grow at between 8 or 9 per cent for the next 20 years with a supportive global environment, its Planning Commission's Deputy Chairman Montek Singh Ahluwalia has said.
"In the five years pri