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Rajat Gupta, Rajaratnam had animosity: defence lawyer

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The defence team of Goldman Sachs Group's Indian American director Rajat Gupta, accused of insider trading, is seeking material to show 'animosity' between Gupta and convicted hedge fund billionaire R

Citigroup chairman Parsons to step down in April

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Citigroup chairman Richard Parsons will step down from the board of the company and will be replaced by fellow director Michael E O'Neill.

Parsons, who has been the chairman of the board since 2009 a

Indian-origin teen charged in firebombing of NJ synagogues

A 19-year old Indian-origin boy has been arrested and charged in connection with the firebombing of two synagogues in January in New Jersey.

Aakash Dalal's arrest was announced yesterday by Bergen Co

Kodak sells online business to Shutterfly, patent sale still pending

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Eastman Kodak Co has agreed to sell its online photo services business to Shutterfly Inc for $23.8 million, kicking off the bankrupt photography pioneer's relaunch as a much slimmer company although a

Facebook to unveil new ad offerings

New, potentially lucrative advertising opportunities are coming to Facebook as a prelude to its initial public offering of stock. The idea is to lure big brands with the promise of effective, precisel

Tiger Woods’ former coach says golfer wanted to join Navy SEALs

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Tiger Woods’ former swing coach has revealed in his new book that the star golfer seriously considered becoming a Navy SEAL.

Hank Haney writes in his upcoming book, The Big Miss that that he tried to

Boeing to sell ten 777s to China SouthernBoeing to sell ten 777s to China Southern

Boeing said Tuesday it has booked an order from China Southern Airlines for 10 long-haul 777 aircraft in a deal valued at nearly $3 billion at list price.

China Southern Airlines has agreed to buy 10

Dow closes above 13,000 for first time since 2008

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The blue-chip Dow Jones Industrial Average closed Tuesday above 13,000 for the first time since the financial crisis five years ago, as stocks rallied despite a mixed bag of economic news.

The Dow, w

US court upholds sexual discrimination lawsuit against L&T

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A US court has upheld a class claim of sex discrimination filed against Larsen and Toubro Infotech, a subsidiary of Indian conglomerate L&T, by its former employee who has alleged she was fired from h

Tiger Woods’ former coach says golfer wanted to join Navy SEALs

LA-131627.jpg.crop_display.jpg

Tiger Woods’ former swing coach has revealed in his new book that the star golfer seriously considered becoming a Navy SEAL.

Hank Haney writes in his upcoming book, The Big Miss that that he tried to

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.