'Don't forget Rajat Gupta philanthropy'
63-year-old Gupta's trial, which began in Manhattan federal court on May 21, will resume today after a weekend break with his protege and former McKinsey executive Anil Kumar returning to the witness stand to testify against him.
Last week, Kumar had told jurors he had worked closely with Gupta in 1997 to set up the Indian School of Business (ISB) in Hyderabad.
Gupta, in March last year, had resigned as chairman of ISB's executive board after the Securities and Exchange Commission initiated an administrative action against him on insider trading charges.
As Gupta fights the charges of securities fraud in a closely watched trial, ISB Dean Ajit Rangnekar has voiced support for the prestigious school's co-founder saying it has been "very difficult" for those who have known Gupta to "understand" and come to terms with the charges and allegations against him.
Rangnekar's name is among a list of 20 witnesses, who could testify for him in the trial, submitted in court by Gupta's defence team.
"Here is a man who has done incredibly amazing things for India, completely selflessly without wanting anything for it when he could have spent that same time making a lot of money for himself," Rangnekar said.
The ISB dean said several of Gupta's friends feel that a "very one-sided and