Rajat Gupta - A Corporate HONCHO Fall from "GRACE"

"RAJAT GUPTA - A Role Model or ??????"

A Corporate HONCHO Fall from "GRACE"

Mr. Rajat Gupta is a good man, a business smart but it was a terrible breach of trust, said by judge before sentencing. - IBN Times on Rajat Gupta final hearing.

Name            -  Rajat Kumar Gupta

Born             -  2nd Dec. 1948 (Kolkatta, West Bengal)
Residence     -  USA
Ethnicity       - Indian American
Citizenship   - US
Alumina       - IIT Delhi (Mechanical Engineering, 1971), Harvard Business School
Occupation  - Consultant, Management expert
Employer    - Mckinsey & Company
Position       - Senior partner & MD
Criminal charges - Conspiracy (One count), Securities fraud (three count)
Criminal penalty - two years imprisonment & 5 Million $ fine
Criminal status - Convicted (Appeal pending)

Co founder of Indian School of Business in 1997 with his friend & fellow partner Anil kumar, the school ranked as number thirteen by "The financial times" in its global MBA rankings 2011.

Co founder of Indian Institute of Technology Alumni association.

Financier Mr. Rajat Gupta, a man who have had it all - Fame, Money, Fortune, Power, reputation across the world, friendship of world famous celebrities like Bill gates & Bill Clinton who already send their recommendations for him to Judge. but more than this he had his reputation as a model of uprightness, a champion. his humanity, charitable & volunteer efforts which mainly focused on the areas of education, global health & obviously global business, many don't know but global business strategy is his first love, & to achieve all his goals & motives he is already associated with a number of universities, institutions & a number of boards & in-offices.

Its very unbelievable how such a strong person can be commit a fault which would cause him to lose all of this..? is it greed for more money than the near about 84 million dollars that he already have, as said by him during a remand in court. Only a silly mistake made by Gupta knocked down his all life fame & name.

When we're going to talk about his early life, he born in Calcutta, his father was a journalist who died when Gupta was near to sixteen, his mother died after two years, now as an orphan he & his siblings decided to "live by ourselves", which was pretty unusual on those days. Gupta ranked 15th in the prestigious IIT-JEE Examination, he completed his B.tech from IIT D, in mechanical engineering & declined a job offer from ITC limited, later he received MBA from Harvard university.

When we talk about his trading conviction, he is an accused of three count of securities fraud (Taj Capital, New Silk route & some Warren buffet Shares fraud) & one count of conspiracy (Passing information about Goldman Sachs where he was director to billionaire hedge fund), he was discharged by other two security frauds filed by FBI.

At the other stage of world, apart to Bill gates & Bill Clinton, the world's renowned speaker Deepak Chopra & Mukesh Ambani were among the supporters on Gupta's registered website named as friendsofrajat.com, this website comes in role for Gupta's character witness purposes & witnessing about his promising roles in different areas including business & charity.

No one have had any idea what Rajat Gupta in actual was and why he did what he did, the answer for all questions related to Mr. Gupta can only be answered by him only. However one important point made is - why we do what we do? If we do for satisfying our desires, ego, self satisfaction or any thing else to satisfy myself than it surely this is not a service to others but self only and will bring all sort of controversies and finally downfall for self with a repentance thinking - why I did all this. When I do any thing with the purpose to serve others; whole situation changes - there is no self there so no question of all self related ills. This is "me", not that me what others see or know or think but the "me" whom I am trying to understand & take on path of service - can save from the final fall. 

Mr. Gupta has to regretted what he did in last few years, I hope he would gain his lost ground in due course, he did a remarkable job to spot the Indian brilliant mind over the ages of world again but what he did at last is also enough to make a sense to rest of world that "Are we Indians are really more corrupt, more tolerant towards corruption". I'm not going to judge about such a high personality, let leave this on audience to speak over him.

Raj Rajaratnam/Galleon group/ Anil kumar & Rajat Gupta, all are found guilty by FBI & US Attorney offices, On Oct. 24th 2012, Gupta was sentenced to two years prison for leaking confidential informations to Raj Rajaratnam.

Thanks

Dhitendra S.

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