At an event in the city, Indian-American businessman Rajat Gupta called the American prisons 'draconian', as he spoke of being stripped and humiliated during his two years in jail after being convicted for insider trading in the US in 2012. The former managing director of McKinsey & Co is in India to promote his book Mind Without Fear.

Gupta spoke at the Literature Live! event at the Indian Merchants Chamber (IMC) in Churchgate late Wednesday evening, providing the audience, comprising the city's crème de la crème, details of his prison days.