Launched in January in Pune, a trendy city 180 km from Bombay, the Emerging Presidents' Group includes Rathi and two dozen other top executives aged 21 to 35.
It was a time of singing-sock-puppets, 21-year-old chief executives, gravity-defiant stock prices, revolutionary technologies and half-baked business plans.
Earlier this year Brazil brought its first successful criminal prosecution for insider trading against two former executives of Sadia, a food producer, who were fined and sentenced to 17 and 21 months in jail.
Although these executives make up only 1% of America's 1m highest-income taxpayers, they accounted for 21% of the total change in the taxable income of that group after the 1993 tax hike.