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Rajat Gupta offers to resign as ISB chairman

Three weeks after the US Securities and Exchange Commission (SEC) slapped insider trading charges on him, Indian-American businessman Rajat Gupta has offered to resign as chairman of the Hyderabad-based Indian School of Business (ISB). Gupta has requested the board that he be relieved of his responsibilities, Sriram Gopalakrishnan, director of marketing and communications at the ISB, told IANS here on Monday.

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