Future Publishing Date : May 30, 2013
Interview of Aravind Sitaraman, President – Inclusive Growth, Cisco Systems…
Interview with Rohini Nilekani, Chairperson and Founder, Arghyam , has been deeply involved in development issues for many years now. An ex-journalist, a writer and a philanthropist, she has co-founded Pratham Books, a non-profit publishing enterprise to produce high quality, low cost books for children in several Indian languages. “Chat over Chai”, is an interactive [...]
Introduction A year ago, Bain & Company published the first edition of the India Philanthropy Report. We were surprised by the chord that it struck and the conversation it provoked about the state of philanthropy in the country. Our perspective last year was that private giving in India—both individual and corporate—lagged significantly behind global benchmarks, [...]
MUMBAI: Indian philanthropy is at a critical juncture in its evolution. Amid recent attempts to consolidate, renew and redirect giving practices, revelations on the expansion of private-charity contributions from 0.2% of GDP in 2006 to 0.3-0.4% show Indian philanthropy is pregnant with possibilities. Indians still give just 1.5-3% of their annual household incomes, as against [...]
Economic Times reported that Wipro’s Azim Premji is set to give some competition to two of the world’s most richest and most active philanthropists – Bill Gates and Warren Buffett. The Azim Premji Foundation will spend Rs 10,000 crore for setting up schools and educational institutes across the country, the foundation’s CEO, Dilip Ranjekar, announced [...]
Economic Times Reported that the high-profile pledging of most of their wealth to philanthropy by American billionaires Bill Gates and Warren Buffet , and the contribution by Azim Premji of 8,846 crore to his foundation for education, the largest-ever donation by an Indian, have directed the spotlight on philanthropy. This is welcome. Though charity has [...]
MUMBAI: GM Rao, chairman of infrastructure group GMR group, on Tuesday said he has committed Rs 1,540 crore ($340 million) towards the corporate social responsibility (CSR) arm GMR Varalakshmi Foundation. Rao’s announcement came on the day when Warren Buffett (third richest person in the world) and Microsoft co-founder Bill Gates (second richest person) are on [...]
Mahatma Gandhi ji said, “We must be the change we wish to see in the world.” This the fact that some 42 percent of Indians, or 455 millions people, live on less than 1.25 dollars a day, according to World Bank and India’s statistics on health, infant mortality and malnutrition are worse than those for [...]
NEW DELHI: It has reported that the Azim Premji Foundation has the money. Now it needs people. The foundation has drawn up plans to increase staff strength from the current 300 to 5,000 over the next five years as it prepares to use the Wipro Ltd shares worth $2 billion (Rs 8,960 crore) gifted recently [...]
MUMBAI: Finance Minister Pranab Mukherjee will kick off The Economic Times Awards for Corporate Exellence 2010 on Saturday, January 8 with ‘ The Act of giving’ as the theme. After a decade of extraordinary and entrepreneurial wealth creation, it is now time for India Inc to face the hard question: Is it giving back enough [...]
NEW DELHI: A huge charity gift by a high-tech tycoon has shone a harsh light on the philanthropic track record of India’s established and emerging billionaires. Azim Premji, who transformed a family-owned cooking oil firm into the software giant Wipro, announced earlier this month that he was giving $2bn to fund rural education. The 100 [...]
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