RAJAHMUNDRY: Oil and gas major ONGC has paid Rs 20 lakh to Virinchi Charities towards construction of Home for the Aged in Rajahmundry under Corporate Social Responsibility, a press note released here said. A cheque of Rs 20 lakh was presented by A A Khan, Executive Director of the company to Virinchi Charities officials in [...]
Kalanithi Maran and wife take home the highest pay package over the last five years at Rs. 194.23 crore each MUMBAI: Naveen Jindal, the youngest scion of the O.P. Jindal Group, has emerged the highest paid corporate head in India for the second consecutive year, with a compensation of Rs. 67.21 crore in the last [...]
MUMBAI/ BANGALORE: After chipping in for the country’s educational system for a decade, the Azim Premji Foundation (APF), run by the third richest Indian on his own money, is all set for a generous initiative. The foundation plans to start 1,300 schools across the country- two per district – which will be free, impart education [...]
NEW DELHI: Industrialist and parliamentarian Naveen Jindal and his flagship company JSPL have gifted USD 2.5 million (about Rs 12.25 crore) to his alma mater, the University of Texas at Dallas, following which the US university has renamed its school of management after him. Mr. Jindal, a 1992 batch MBA alumnus of the University of [...]
Today, what CSR implies is that you factor in the cost of doing philanthropy, good works, engaging with the community, and then whatever is left you call that “responsible profit” By Cordelia Jenkins NEW DELHI: At Mint’s Clarity Through Debate Conclave, titled “Social Responsibility: The Business Imperative”, on 29 September, a panel of experts from various [...]
NEW DELHI: In the almost two decades since Mr. Naveen Jindal earned his MBA from UT Dallas in 1992, he has become a leading industrialist, ascendant statesman, and the driving force for higher education in India. Mr. Naveen Jindal was named a UT Dallas Distinguished Alumnus last year and was the UT Dallas Student Government [...]
Meher Pudumjee In a municipal school in Pune, Anu Aga picks up a broom and bucket. A gasp of disbelief resonates across the gathering of staff and students as the former chairperson of Thermax, the $1.1 billion engineering company, bends and starts scrubbing the toilet floor vigorously. She demonstrates to them how much water to [...]
MUMBAI: HCL’s Founder and Chairman Shiv Nadar is making a second foray into university education having sought 300 acres of land in Noida, near New Delhi, to set up a Rs 300-crore multi-disciplinary university. Former Cabinet Secretary T S R Subramaniam is said to be advising Nadar on this venture. The university will be residential [...]
A few years back, Naveen Aldangady, 44, vice-president (supply chain management) at Bharti Airtel, wouldn’t have thought of himself as a teacher. Thanks to Bharti Foundation’s initiatives in the field of education, Aldangady got an opportunity to teach at the foundation’s school in Rewari, Haryana. And he returned a changed man. As part of his [...]
MUMBAI: Billionaire investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffet for his investment strategy, has decided to pledge one-fourth of his wealth for charity – marking yet another common-ground with the legendary American investment guru. Besides his investment acumen, Buffett is also known for his philanthropy and recently asked wealthy Indians to give [...]
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