Rajat Gupta

After telephone calls with Lloyd Blankfein about Goldman's profits and Berkshire Hathaway's $5 billion investment, former Goldman Sachs board member Rajat Gupta, who was just charged with insider trading, didn't wait one minute before calling Raj Rajaratnam with the good -- and bad -- news.

You'd think that Gupta would have made some attempt to keep his alleged insider trading under wraps.

Nope!

Example: On one call in 2008, Gupta got off the phone with the Board at 3:56 pm. He had just learned that Berkshire Hathaway would make a $5 billion investment in the bank, which would go public the next day.

He called Raj on the same line at 3:57 pm -- not even a full minute after learning of the enormous new stake.

Rajat Gupta, Former Goldman Sachs Board Member, Accused Of Insider Trading By SEC

Goldman Sachs former director Rajat K. Gupta has been charged with insider trading by the Securities and Exchange Commission, for allegedly giving a hedge fund manager secret information about the bank's financial health.

Gupta, who left the Goldman board of directors last year, has been accused of participating in a $18 million insider trading scandal. He allegedly tipped off indicted Galleon Group founder Raj Rajaratnam twice in 2008, allowing the hedge fund to reap millions. The case is the latest example of the SEC's ramped-up effort to root out insider trading, and it constitutes a significant embarrassment for Goldman Sachs.

Gupta told Rajaratnam that Goldman was in better shape than expected, before second quarter earnings were announced in 2008, the SEC says. He also told the hedge fund manager that Warren Buffet's company Berkshire Hathaway was investing $5 billion in the bank, before that information was made public, according to the SEC's complaint.

Gupta, who was formerly the head of consulting giant McKinsey & Co., also sat on the board of directors of Procter & Gamble, and he stands accused of passing Rajaratnam secret information about that company as well.

The SEC previously charged Rajaratnam with insider trading. The billionaire hedge fund manager has pleaded not guilty.

After it came out last spring that the government was examining whether Gupta had shared secret information, Gupta left the Goldman board.

Pakistan artistes told not to sign Indian films

In the wake of Shiv Sena threatening Bollywood against giving assignments to Pakistani artists, the Lollywood bigwigs in Pakistan have advised their colleagues to stop signing Indian films and television shows.

Lollywood’s top director Syed Noor said it was shameful for the Pakistani artists, who visited India for fame and money, to work in the Indian industry after such insult. It is now clear that Indian fanatics leave no stone unturned to slander Pakistani artists but regretfully some of our artists like Verena Malik still wish to work in India, he said.

Senior actor and the president of Pakistan film artists association Mustafa Qureshi said the Shiv Sena has threatened and insulted our artists several times but despite such incidents, artists frequently visit India, to mint money. “They should at least keep in mind the respect of the country if they have not their own”, he said.

Hot British Model Gita Soto Pics

Gita Soto is the daughter of an English mother and Mexican father.Gita Soto made her Bollywood debut in early 2010 with Salman Khan's movie Veer. She performed in Veer along with other débutante Zarine Khan. Other leading ladies from the movie Veer are Lisa Lazarus and Neena Gupta.She has also acted in the movie Sale Up To 50%

Monikangana Dutta Photoshoot for Hi Blitz Magazine January 2011

Bollywood actress Monikangana Dutta is the red hot Devi on the cover page of showbiz magazine Hi Blitz India for the month of  January 2011. Monikangna dressed up in traditional Indian style and show some moves of the Dance of The Durga.

Monikangna Hot Bikini Pics

Chinese film industry races close to Bollywood

BEIJING: Box office earnings of the Chinese film industry have jumped a massive 64% in 2010, which is being regarded as a bad year for Bollywood. In fact, China's media regulators have predicted the local industry, regarded as a backward territory until recently, will surpass India and Japan by 2015.

The year 2010 saw a massive growth in the film industry with China 's State Administration of Radio, Film and Television reporting that a total of 500 films were made during the period. China ranked third behind Bollywood and Hollywood in terms of annual film output. It put the box office earnings of the local movie industry at $1.5 billion.

The Indian media has quoted film industry sources to say that the earnings in 2010 will be around Rs 10,000 crores ($2.2 billion) after rising 10-12 per cent over the 2009 revenue. The Indian industry has been caught in the 10-12% growth trend since 2008.
At present, the United States is ahead of all other markets as it notched box office revenue of $11 billion in 2010. Japan came second with $2.5 billion in earnings followed by India. China's media regulators expect China to overtake Japan by 2015.

The highest grosser in the Chinese market was a Hollywood film, Avatar, which earned $200 million accounting for over 13% of total sales. Next came a Chinese film, "Aftershock", that earned $100 million by telling the story of a earthquake. Another Chinese movie, "Let bullets fly" has made $75 million since its release in mid-December and its producers believe the total earnings will be much higher.

China's Film Bureau said in a statement that the country added 313 movie theatres. A total of 1,533 new screens were added resulting in a 25% growth in the country, which now has 6,200 screens.

Read more: Chinese film industry races close to Bollywood - The Times of India http://timesofindia.indiatimes.com/india/Chinese-film-industry-races-close-to-Bollywood/articleshow/7254578.cms#ixzz1AfYSC7Vl

Times 50 Most Desirable Women of India

The Most Desirable Women of India

  1. Katrina Kaif

  2. Aishwarya Rai Bachchan

  3. Priyanka Chopra

  4. Deepika Padukone

  5. Kareena Kapoor

  6. Genelia D'Souza

  7. Sonam Kapoor

  8. Bipasha Basu

  9. Kangna Ranaut

10. Nicole Faria

11. Asin

12. Sonakshi Sinha

13. Shriya Saran

14. Jacqueline Fernandez

15. Malaika Arora Khan

16. Amrita Rao

17. Barbara Mori

18. Trisha

19. Preity Zinta

20. Vidya Balan

21. Anushka Sharma

22. Shruti Hassan

23. Chitrangda Singh

24. Dia Mirza

25. Sushmita Sen

26. Sameera Reddy

27. Shilpa Shetty

28. Lara Dutta

29. Bruna Abdullah

30. Mallika Sherawat

31. Neha Sharma

32. Amisha Patel

33. Giselle Monteiro

34. Yana Gupta

35. Freida Pinto

36. Kainaat Arora

37. Paravathy Omanakuttan

38. Aanchal Kumar

39. Koena Mitra

40. Riya Sen

41. Nandana Sen

42. Ayesha Thapar

43. Sonal Chauhan

44. Neha Hinge

45. Manasvi Mamgai

46. Sherlyn Chopra

47. Anjali Lavania

48. Celina Jaitley

49. Neha Dhupia

50. Aruna Shields

Deepika kisses Mallya infront of her Father !

Liquor Baron Vijay Mallaya’s son Siddharth is turning out to be more romantic than his father. He may teach some of his expeditions and how to woo pretty women to his father as well. Before the memories of 16 cr hitech apartment gifted to his love Deepika Padukone in posh location fades, he sprang another surprise.

Siddharth is taking his romance to new creative innovative and unthinkable heights. When most of the bollywood couples are shy to reveal their love story, Sidharth and Deepika are romancing on roads in full public gaze.

On Jan 1st , he took her to Copenhagen,Denmark. Deepika was born in Denmark, but her parents shifted back to India when she was only 11 months old. Siddharth took her to Copenhagen on the occasion of her 25th birthday, Deepika was shocked since that is the place where she was born. Deepika was so pleased with Siddharth , that she gave Jr Mallya a sweet Kiss even though her father was watching.

Freida Pinto Replaces Aishwarya Rai as Indian face of beauty firm L'Oreal

  

She's famed as one of the most attractive women in the world - but Aishwarya Rai Bachchan is having to make way for equally stunning but younger model Freida Pinto as the Indian face of L'Oreal.The Bollywood beauties have been pitched against each other after Slumdog Millionaire star Freida, 26, featured in the cosmetic firm's 'Happy New Year' television commercial with the brand's other global ambassadors - but not Aishwarya. According to India Today, Former Miss World Bachchan, 37, has been permanently replaced by the younger model. 

But a spokesperson for the Aishwarya told newspaper India Today: 'I don't know anything about it. We need to check out the details. 'Ash is busy with her upcoming performance at an awards function, so she can't speak on this issue right away.'The model turned actress has been representing the brand since 2005, while Pinto joined in 2009

Shweta Tiwari is the winner of Bigg Boss 4

It's the news that all have been waiting for. After fights and quarrels, and some good and bad moments, controversies and melodrama, Bigg Boss Season 4 comes to a grand end. With only four contestants remaining in the house Ashmit Patel, Shweta Tiwari, Dolly Bindra and the great Khali, just who was going to be the coveted winner of Bigg Boss, was the big question.

Well, Shweta Tiwari seems to have won the hearts of the public. Her straightforward nature worked well for her. So how will Shweta celebrate? It looks like a party is surely on the cards. And all the contestants who participated in this season's Bigg Boss will be invited. This is the first time a female contestant has won Bigg Boss.

"I'm overwhelmed," said Shweta, unable to speak much. But she's the one who is going to laugh all the way to the bank as a one crore booty awaits her.

Actress Sushmita Sen’s Love for Tattoos

Hot bollywood Actress Sushmita Sen has  tattoo on her arms, wrist and back.Check the hot pics

The one on her right arm reads 'Temptation' and she also sports a tattoo on the left wrist which says 'Soli deo glory', meaning 'Glory to God alone' in Latin.

Hot Actress Ileana D'Cruz Photoshoot for FHM India January 2011

South Indian actress Ileana D’Cruz is the cover girl for the men’s magazine FHM Indiafor the month of January 2011. She looks glamorous and hot in a miniskirt and a sleeveless jacket with curl hair. Ileana will be seen opposite Ranbir Kapoor in upcoming bollywood film Barfee.

Actress Shraddha Kapoor Photoshoot for Elle India January 2011

Bollywood actress Shraddha Kapoor is the young lady on the cover page of fashion magazine Elle India for the month of January 2011. Shraddha Kapoor get up close and personal as she reveals her fashion favourites, cinema and making it big in Bollywood.

Shraddha Kapoor made her acting debut in the film Teen Patti alongside Amitabh Bachchan, R Madhavan, and Raima Sen. The film is released in 2010.now she recently signed the three movies contract with yash raj.Her aunt, Padmini Kolhapure, is also a Bollywood actress.