Samsonite CEO quits after being accused of lying in his CV
World's largest luggage-maker Samsonite has said its CEO Ramesh Tainwala has resigned citing personal reasons, days after he was accused of lying in his CV. This comes after short-seller Blue Orca said that Tainwala falsely claimed he earned a doctorate in business administration from Union Institute and University, US. Samsonite said Tainwala's resignation was in "best interests of the firm".