New York, Nov. 6 (PTI): Former Goldman Sachs director Rajat Gupta has moved a US appeals court to overturn a court’s ruling that he pay a $13.9 million (Rs 86.8 crore) fine in the insider trading case and reverse a life ban from serving as director of a public firm.
Gupta’s lawyers argued that the district court “abused” its discretion by imposing the penalty, which was three times the benefit hedge-fund manager Raj Rajaratnam had allegedly obtained on Gupta’s tips.
Jaipur: Asaram Bapu has been formally charged with raping a minor as Rajasthan police filed a 1,300-page chargesheet listing offences that could bring a jail term from 10 years to life. Two aides of the godman have also been named.
Riyadh (PTI): New Delhi has launched fresh efforts to help Indians who could not avail a seven-month amnesty for illegal foreign workers in Saudi Arabia. The gulf state’s new labour law has resulted in nearly 1.35 lakh Indians leaving the kingdom.
New Delhi (PTI): A Delhi court on Wednesday reserved its order on framing of charges in the 2008 cash-for-vote-scam case involving former Samajwadi Party leader Amar Singh and two BJP MPs. The judge, who had sought certain clarifications, is likely to pronounce the order on November 16.
Mumbai (PTI): Celebrity chef Tarla Dalal died in Mumbai on Wednesday. She was 77 and had been ill for some time. Dalal arrived on the culinary landscape 40 years ago, several decades before TV reached most parts of India. She has written more than 100 books of cookery and was awarded the Padma Shri in 2007.
Rameswaram (PTI): A Sri Lankan court has remanded 30 fishermen from Tamil Nadu, arrested on Tuesday for allegedly entering the country’s waters, in custody till November 19. In Rameswaram, fishermen have launched an indefinite fishing boycott demanding their release.
Dubai, Nov. 6 (PTI): Three Indians have been accused of confining 19 Filipinas hotel workers inside a villa for over a month and not allowing them to go out even during free time or holidays.
The trio, identified as SS, KM and KA, are said to have locked up the women from sunset to sunrise. They said they were trying to protect the women from harassment.
New Delhi (PTI): Prem Narain has been appointed secretary of the overseas Indian affairs ministry in place of Rajiv Mehrishi. Narain is a 1978-batch IAS officer. Mehrishi has been shifted to the department of fertilisers as secretary.
Udhagamandalam (PTI): A 123-year-old tree at Coonoor’s Sims Park was uprooted following heavy winds and rains on Wednesday. The 150ft tree was brought from Australia.
