Rajat Gupta, a former McKinsey director, is the latest high profile casualty after being arrested on insider trading charges in the Galleon hedge fund fraud earlier this week. The clampdown has lessons for India&rsquo;s market regulator, Securities and Exchanges Board of India, which has hardly any notable victories when it comes to nailing insider trading. In a stock market where share prices demonstrate a high level of irregular trading, the biggest securities fraud investigation in US history offers simple lessons.

It's never too late

Business Standard

Zhao Xue failed to maintain her stratospheric tournament performance rating at the Nalchik Grand Prix. A last round loss to compatriot Ju Wenjun pulled her TPR down to 2828. Of course Zhao still won by a mile, with 9.5 points from 11 games while Jun bagged second place on 7 points. Ekaterina Kovalevskaya and Viktorija Cmilyle shared 3-4 on 6 points each. If Zhao had won her last round, she would finished with a TPR of 3000-plus.

Chess (#978)

When reminiscing about the distant past, promoters or families of artists sometimes say, &ldquo;And that show was a sellout.&rdquo; Compare that with the present when an exhibition recovers its price if it sells 20 per cent of the exhibited works, and is considered good if 30 per cent of it moves before the curtains ring down on it, and you can imagine how prices for art have risen. But for the third year running, the Indian art market has remained stubbornly sluggish. Stagnancy continues to blight retail, and despite the promise held out after the success of the India Art Summit in January, 2011 has been slow with few exhibitions and fewer auctions worth recalling.

Testing times

He can act, write, compose music and is a lyricist. Aabhas Sharma talks to Piyush Mishra about his many talents.

One man, many gifts

Anjuli Bhargava gets a taste of more than music at the Rajasthan International Folk Festival in.

Jodhpur sonata

American studios are not beating a path to Indian actors&rsquo; doors &mdash; but a significant number of Indian actors are nevertheless making their mark in Hollywood.

American moves

The Hari Shankar Singhania group (J K Tyre, J K Paper, J K Lakshmi Cement, fanbelt and oil seal maker Fenner and agri-businesses of sugar, dairy products and seeds) is studying how to enter the defence sector and planning a 2x660 MW power project in Chhattisgarh. Ongoing investments include Rs 3,500 crore in tyres, Rs 1,800 crore in cement and Rs 1,700 crore in paper. This includes a new tyre factory near Chennai, cement plant in Chhattisgarh and paper unit in Orissa. The group also wants to revamp the idle and old cement factory of JK Udaipur Udyog, that it bought years ago from Bajaj Hindusthan. The expansions, the group hopes, will double its turnover from Rs 11,000 crore now, within three years.

Marathon man

If you haven&rsquo;t managed to pay the track a visit yet, believe us when we say it&rsquo;s in a land far, far away. Driving time (with normal traffic) is approximately an hour and a half from the Indira Gandhi International Airport for the 70-odd kilometre distance. Even though the F1 race start time is 3 pm, ensure you get there early.

F1's finally here!

Many months ago when the cloud of doubt first settled on Rajat Gupta&rsquo;s handsome head I wrote a meditation on Greed in this column: &ldquo;[W]hereas the words hubris, a sense of reckless entitlement, insecurity and unaccountability come to mind, we can&rsquo;t escape rubbing up against that wonderfully biblical concept of Greed.

The elephant in the room

Valmik Thapar&rsquo;s new book once more salutes the tiger and Ranthambhore. Prerna Bindra is moved and envious.

Years of the tiger

Your definitive guide to apps that make ideal gifts for Apple, Android and BlackBerry users.

Virtual gifting: Get apps for friends this season

Stung by competition, the music channel is going back to its roots with a vengeance.

The 'M' is back in MTV, finally

As global competition heats up, logistics companies are banking on intelligent IT infrastructure for differentiation.

Better delivery

Today consumers have unlimited choices; brands can make the most of it by understanding the changing needs of the consumers and offering a wider range.

It's my life...

Lenovo India recently launched three tablets for the fledgling Indian tablet market. While the mature markets are buying more of multitasking mobile devices such as tablets and smartphones on shrinking budgets, Lenovo continues to bet on the PC market worldwide. It recently became the number two PC maker globally.

Q&A: Amar Babu, MD, Lenovo India

Lubricant maker Castrol has found an innovative way to generate awareness among the target audience for its motorcycle lube brand Castrol Power I. It has partnered with Bates Sercon to develop an interactive gaming application on YouTube.

Castrol: Full throttle

Online recruitment firm Monster India has launched a networking application, BeKnown, on Facebook, designed to allow Facebook users to establish a separate professional network on the world&rsquo;s most popular social platform. With BeKnown, users can identify and connect with friends and professional contacts from a host of sources, thus enhancing their career prospects.

Monster India: Look no further

The top 10 business bestsellers

Sustainability today has become a necessity driven by consumer awareness and preference for sustainable products, compliance norms, and a realisation that to secure the future it is important to act today.

KIT: Future Trends in textile and apparel industry

&nbsp;

    Who invented an approach to measure competitive sales results that made the concept of &ldquo;market share&rdquo; a practical management tool?&nbsp;
    What is common to the world&rsquo;s first practical wrist watch made in 1904 and the presidential aircraft used by the Brazilian government?&nbsp;
    &nbsp;
    Who said &ldquo;Success is 99 per cent failure&rdquo;?&nbsp;
    What do you get when you connect the number 80,000, 1000 degrees centigrade, 550 kilos, 4 seconds and

The Strategist Quiz (#225)

    &ldquo;What&rsquo;s this internet thing? I don&rsquo;t get it.

Answers to last week's quiz (#224)

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