Domain B – Former McKinsey boss Rajat Gupta, accused by the US Securities Exchange Commission of conspiring with hedge fund executive Raj Rajaratnam in an insider trading scam, has opted for ‘leave of absence’ from New Silk Route, a PE fund founded by him.
Gupta, who continues to be the chairman of the prestigious Indian School of Business (ISB), Hyerabad, earlier this week quit from the boards of Genpact, American Airlines and Harman International. He had earlier quit from the boards of Procter & Gamble and Goldman Sachs.