BIZ & ECON­OMY

Hindustan Times (Patna) - - FRONT PAGE -

In Oc­to­ber, former Gold­man Sachs di­rec­tor Ra­jat Gupta, 64, was con­victed on charges of pro­vid­ing in­sider tips to tainted hedge-fund bil­lion­aire Raj Ra­jarat­nam. FALL­OUT: Two years prison and a $5 mil­lion fine, a lighter sen­tence than US pros­e­cu­tors had de­manded WHY WE CARE: Be­cause un­til the scam un­rav­elled Gupta was the poster boy of In­dian busi­ness. His dif­fi­cult early years — he was or­phaned at 18 — fan­tas­tic aca­demic ca­reer (IIT Delhi, Har­vard Busi­ness School), phe­nom­e­nal success and phil­an­thropic ac­tiv­i­ties made him a hugely re­spected fig­ure. BILL GATES ON GUPTA: “Many mil­lions of peo­ple are lead­ing bet­ter lives — or are alive at all thanks to the ef­forts he so ably sup­ported.”

THINKSTOCK

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