US government has asked a court to slap a maximum penalty of $15 million on India-born fallen Wall Street titan Rajat Gupta and permanently bar him from serving as director of any publicly-traded firm

The private equity arm of Goldman Sachs and venture capital fund New Enterprise Associates (NEA) will together invest Rs 300 crore in Nova Medical Centres to support the expansion of its specialty sur

The U.S. Justice Department said it will not pursue criminal charges against Goldman Sachs Group Inc or its employees related to accusations that the firm bet against the same subprime mortgage securi

Goldman Sachs trims its global technology spending forecast to 3 per cent from 4 per cent for calendar year 2012 after its June annual survey of the industry.

Goldman Sachs removes Larsen & Toubro from its Asia Pacific conviction buy list following the stock's outperformance over the last month.

However, the investment bank retains its 'buy' rating on the

Morgan Stanley was quick to dismiss suggestions its status as the king of initial public offerings for Silicon Valley was under threat because of the botched Facebook Inc IPO last month. And that conf

Investment banks and brokerages across Asia have launched a sweeping round of job cuts as Europe's debt crisis and China's economic slowdown bite into the region's financial activity.

The bankers and

The jury, which convicted one of the most prominent Indian-Americans in the US Rajat Gupta of securities fraud, said it wanted him to walk a free man after the trial, but the evidence against him a

The prosecutors have told a US jury that there is 'overwhelming' and 'devastating' evidence of insider trading against former Goldman Sachs director Rajat Gupta but the defense argued there is no '

Berkshire Hathaway's India-born top executive Ajit Jain was 'shocked' to hear that his friend ex-McKinsey head Rajat Gupta had lost USD 10 million in an investment fund with Raj Rajaratnam, which he d