1. A lawyer for former Goldman Sachs Group Inc. (GS) director Rajat Gupta, accused of passing nonpublic information to Galleon Group LLC fund manager Raj Rajaratnam, said today that the U.S. had the “wrong man” on trial.
2. Google Inc. (GOOG), the world’s largest Web-search provider, is hiring Kevin Rose, the founder of news- aggregation service Digg Inc., according to a person with knowledge of the matter
3. India, the world’s biggest bullion buyer, increased the tax on gold imports for the second time this year after record purchases widened the current-account deficit. Gold fell.
4. Gunit Chadha now Co-CEO at Deutche Bank - Close on the heels of Anshu Jain taking over the top job at Deutsche Bank in May, another Indian, Gunit Chadha has been promoted to a global role within the bank. Deutche Bank appointed Chadha as Co-CEO of its Asia pacific business with effect from June 1.
With an economics degree from St. Stephen’s College, Delhi, MBA from IIM-A and an advanced management program from Wharton School, Chadha has been the country head and CEO of Deutsche Bank in India and a member of the bank’s Asia Pacific executive committee since 2003.
http://www.indianexpress.com/news/gunit-chadha-now-coceo-at-deutche-bank/925412/
5. 3.2 per cent of Indian GDP due to Internet, numers of users set to grow: Google (Managing Director and Country Head of Google India Rajan Anandan)
7. UPS to Purchase TNT Express for $6.8 Billion - United Parcel Service Inc. (UPS) raised its offer for TNT Express NV (TNTE) by 5.6 percent to 5.16 billion euros ($6.8 billion) to secure the biggest deal in the U.S. company’s 105-year history and challenge Deutsche Post AG.
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