Guilty! Greedy Desi Millionaire Crook Rajat Gupta with $130m & 3 Homes Going to Jail

A federal jury in New York City today found former McKinsey chief Rajat Gupta guilty of insider trading. The jury convicted Gupta on three counts of securities fraud and one count of conspiracy. A close business associate of the jailed hedge fund billionaire Raj Rajaratnam, Gupta passed along confidential corporate information to Rajaratnam who then […]

Escaped! Dharun Ravi Gets Just 30-Day Jail Term in Tyler Clementi Spying Case

Tamil youth Dharun Ravi will be an unhappy, unwilling guest of the American jail system for 30-days following his sentencing today in the Tyler Clementi webcam spying case. Victory for Dharun Unswayed by arguments made by Dharun’s attorney Philip Nettl that there had been a “miscarriage of justice,” Judge Glenn Berman today sentenced 20-year-old Dharun […]

Two Indians Named IBM Fellows

Of the seven new IBM Fellows named today, two are desis. The two new IBM Fellows of Indian origin are Ruchir Puri of IBM Research at Yorktown Heights, NY and Balaram Sinharoy of the Systems and Technology Group in Poughkeepsie, N.Y. Who are IBM Fellows? IBM Fellow is the computer company’s highest technical award to […]

Indian Chutias Start Filling U.S. Prisons; Biswamohan Pani Pleads Guilty in Intel Case

2012 is proving to be annus horribilis for some Indians as they will soon be guests of the American prison system. First, it was Kharak Singh, who admitted to unlawful sexual contact and unlawful imprisonment, in a case that rocked Delaware. Singh got a one-year prison term. Then, the New Jersey peeping tom Dharun Ravi […]

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