Rise and fall of Rajat Gupta

1948 | Born in Kolkata

1971 | Gets degree in mechanical engineering from IIT-Delhi

1973 | Completes MBA from Harvard Business School

1994 | Becomes managing director at McKinsey

1999 | Co-founds ISB, Hyderabad along with McKinsey mate Anil Kumar

2003 | Becomes senior partner at McKinsey

November 2006 | Appointed to the board of Goldman Sachs

December 2006 | Co-founds New Silk Route Partners along with Parag Saxena

2007 | Becomes senior partner emeritus at McKinsey; appointed to the board of P&G

2008 | Rajaratnman Allegedly gave information Galleon’s about Warren Buffett-led Berkshire Hathaway’s $5bn investment in Goldman Sachs after attending a Goldman board meeting on September 23.

Allegedly gave details of Goldman’s earnings in the first quarter of 2007 and fourth quarter of 2008 to Rajaratnam

Accused of passing on secret info to Rajaratnam about P&G’s 2008 sale of its Folgers Coffee unit to J M Smucker

October 16, 2009 | Rajaratnam and five others arrested in one of the biggest insider trading cases

November 24, 2009 | Federal judge allows use of wiretaps of Rajaratnam’s conversations, including those with Rajat Gupta, as evidence in the case

January 8, 2010 | Former McKinsey director Anil Kumar pleads guilty in insider trading case, admits to have received at least $1.75m in cash payments from Rajaratnam in return for inside information

February 6, 2010 | Rajiv Goel, a former executive at Intel, admits to have passed secret info to Rajaratnam

January 19, 2011 | Former beauty queen-turned-stock trader Danielle Chiesi, a friend of Rajaratnam, pleads guilty

March 2, 2011 | US market regulator Securities and Exchange Commission accuses Rajat Gupta of passing illegal tips to Rajaratnam

May 11, 2011 | Rajaratnam found guilty

October 13, 2011 | Court sentences Galleon chief to 11 years of prison

October 26, 2011 | US attorney files criminal charges against Rajat Gupta, who is arrested and released on $10m bail the same day

May 22, 2012 | Trial against Gupta begins

June 7, 2012 | Goldman CEO Lloyd Blankfein tells court that Gupta was not authorised to disclose information about the bank he received during board meetings

June 15 | Jury finds Gupta guilty