Anil Kumar


Anil Kumar News

  • Coffee Exports From India Dropping as Rains Shrink Harvest

    Coffee shipments from India, Asia’s third-largest grower, are poised to fall this year as a rally in global prices deters buyers from Italy to Russia and after unseasonal rains cut output for the first time in six years.

  • Rajaratnam Was Told by Gupta Goldman Sachs Considered Buying Wachovia, AIG

    While serving on Goldman Sachs Group Inc. ’s board in 2008, Rajat Gupta told Raj Rajaratnam of talks about whether to buy American International Group Inc. or Wachovia Corp., according to a wiretap recording.

  • Kumar Tells Jurors of His Secret $500,000 Consulting Deal With Rajaratnam

    Ex-McKinsey & Co. director Anil Kumar told a jury that Galleon Group LLC co-founder Raj Rajaratnam secretly hired him as a consultant in 2003 for $500,000 to be paid into a Swiss bank account, in violation of McKinsey rules.

  • Rajaratnam Case Shows Outmanned, Outgunned SEC on a Roll

    One late afternoon in March 2007, Sanjay Wadhwa sat at his desk transfixed by the data on his computer screen. Wadhwa was then a low-level supervisor in the Wall Street office of the U.S. Securities and Exchange Commission investigating a supposedly routine case of “cherry- picking.” The SEC had gotten a complaint that Rengan Rajaratnam, the founder of Sedna Capital Management LLC, a small hedge fund, was doling out a disproportionate share of his best trades to the beneficiaries of a “friends and family” account. It was Wadhwa’s job to figure out what was going on, Bloomberg Businessweek reports in its April 23 issue.

  • Rajaratnam, BofA, Credit Suisse, AstraZeneca in Court News

    Ex-McKinsey & Co. director Anil Kumar told a jury that Galleon Group LLC co-founder Raj Rajaratnam secretly hired him as a consultant in 2003 for $500,000 to be paid into a Swiss bank account, in violation of McKinsey rules.

  • Gupta Secretly Defied McKinsey Before SEC Tip Accusation

    On a sunny Friday afternoon in June 2003, Rajat Gupta was greeted at his waterfront home in Westport, Connecticut, by scores of his McKinsey & Co. partners. They had come from London, Frankfurt, New Delhi and other cities around the world -- and brought along an elephant, which they tethered on the front lawn.

  • Galleon’s Rajaratnam Deemed Guilty by Day 2 of Deliberations, Juror Says

    Raj Rajaratnam was convicted of insider trading by a jury that never argued during 12 days of secret deliberations that he was innocent, a juror said.

  • Coffee Output in India Seen Missing Estimate on Rains, Pests

    India, Asia’s third-largest coffee exporter, may miss the forecast for a record crop next year after the highest monsoon rainfall in almost two decades damaged beans and increased pest attacks.

  • Goldman Director Tied to Galleon Dines With Obama, Deals With Rajaratnam

    Goldman Sachs Group Inc.’s November 2006 announcement of Rajat Kumar Gupta’s election to its board brimmed with the India native’s achievements: worldwide managing director of McKinsey & Co.; special adviser to the Secretary- General of the United Nations on management reform, co-chairman of the American India Foundation charity, whose honorary chair is former President Bill Clinton.

  • Rajaratnam, Massey, Sixth Avenue, Astellas, Devon Energy in Court News

    Rajat Gupta, while on the Goldman Sachs Group Inc. board in 2008, told Galleon Group LLC co- founder Raj Rajaratnam of the board’s talks on whether to buy American International Group Inc. or Wachovia Corp., according to a wiretapped recording.

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