Women account for 35 per cent of the 860,000 people employed in startups in 2022, compared to 19 per cent in the corporate sector.
United Way, an alliance of MNCs and social agents, works on a belief that philanthropy finds new ways of giving in times of economic distress, says Sreelatha Menon.
Microsoft on Friday (local time) announced that its co-founder Bill Gates has stepped down from the company's board of directors to dedicate more time to his philanthropic priorities including global health and education. Gates will, however, continue to serve as the technology advisor to Microsoft CEO Satya Nadella.
The Tamil film industry won't forget Vijayakanth's large-heartedness, how he took care of fellow industry persons, male or female, rich or poor, young or old...recalls N Sathiya Moorthy. How he sent money quietly for the family of a stunt artiste to meet his funeral expenses, how he always ensured that all female co-stars, including junior artistes, had secure accommodation on outdoor shoots, and how he would always the first to rush help if anyone from the fraternity was in distress.
Indian Institute of Technology Madras (IIT Madras) said on Monday that it had raised the highest-ever corpus of annual funds for the institution, garnering Rs 231 crore from alumni, industry and individual donors for 2022-23 (FY23). Its funding increased 76 per cent year-on-year (YoY) compared to Rs 131 crore in FY22, according to data shared by the institute. The number of donors contributing more than Rs 1 crore increased 64 per cent YoY.
Azim Premji and his family gave away Rs 7,904 crore (Rs 79.04 billion) in philanthropy, up 1,645 per cent!!! over the previous year.
Indian charitable trusts, including Tata Trusts and top corporate donors, are stumped by a new tax law proposed in the Budget, which reduces tax breaks for the donor organisations. The Finance Bill proposes that if a charitable organisation donates to another charity, then only 85 per cent of the donation will be considered as application of income for the donor organisation. Trust officials say this is a major setback for the donor organisations, including corporate foundations and intermediary organisations, which work with various implementing agencies at the grassroots level.
Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank President, United States President Joe Biden has said after the top Indian-American business executive was confirmed as the new head of the international lender.
The survey showed that 74 per cent of the non-profits consider "scaling their impact" extremely important.
For more than a decade, sockpuppets - some of them being company employees - created 'puffery' around tycoon Gautam Adani, his family and the apples-to-airport group he helmed by adding non-neutral material and removing warnings from information on Wikipedia, the free internet-based encyclopedia has alleged. Adani, a first-generation entrepreneur, has lost over $70 billion in net worth and slipped to 25th rank on the world billionaire index from being Asia's richest and the world's third most wealthy businessman, in less than a month. This followed US short-seller Hindenburg Research accusing the group of accounting fraud, stock price manipulation and money laundering, allegations that the conglomerate has repeatedly denied, and threatened legal action.
Indian industry's doyen Jamsetji Tata has emerged as the biggest philanthropist globally in the last century by donating $102 billion, as per a list of top-50 givers prepared by Hurun Report and EdelGive Foundation.' Tata, the founder of what has now become a group spanning interests from salt to software, is ahead of others like Bill Gates and his now estranged wife Melinda who have donated $74.6 billion, Warren Buffet ($37.4 billion), George Soros ($34.8 billion) and John D Rockefeller ($26.8 billion), the list showed.
Software giant Wipro's Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21. Premji, the founder chairman of the company, increased his donation by nearly a fourth during the pandemic year, as per the Edelgive Hurun India Philanthropy List 2021, which had HCL's Shiv Nadar at second place with contributions of Rs 1,263 crore towards upliftment causes. Mukesh Ambani of Reliance Industries, India's richest man, came third on the list with a Rs 577 crore contribution and was succeeded by Kumar Mangalam Birla with Rs 377 crore.
Markets regulator approves proposal to transfer promoter holding in excess of 75% to irrevocable independent trust.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
In one of the biggest donations by a business family in India, the family of Adani Group chairman Gautam Adani on Thursday committed to donating Rs 60,000 crore (around $7.7 billion) to various charities related to health care, education, and skill development. The commitment has been made to mark Gautam Adani's 60th birthday on Friday as well as the birth centenary year of his father Shantilal Adani. The corpus will be administered by the Adani Foundation. "At a very fundamental level, [programmes] related to all these three areas should be seen holistically and they collectively form the drivers to build an equitable and future-ready India.
International model. Beauty entrepreneur. Investment analyst. Columbia University alumnus. Say hello to Pritika Swarup.
The BMC last week filed a complaint at Juhu police station, seeking an FIR to be lodged against Sood for allegedly converting a residential building into a hotel without permission.
'Children are curious by nature, so I thought of writing these books, which provide creative but convincing explanations and also teach values like sharing is caring,' Sudha Murty tells Chintan Girish Modi.
'This is a warning to anyone who tries to cheat innocent people. Please don't do it.'
An interview with Mathew Eipe, executive director & president (chemicals), Godrej.
Arghyam Foundation on Monday said Rohini Nilekani has decided to retire from the foundation as Chairperson and member of the board on September 30, 2021. She will be succeeded by Sunita Nadhamuni, currently a member of the board at Arghyam and Head of Digital LifeCare, Dell Giving and Social Innovation at Dell Technologies. Rohini Nilekani, the wife of Infosys co-founder and chairman Nandan Nilekani, had set up the foundation in 2001 as a vehicle for her personal philanthropy.
The disbursal included Rs 1,000 crore for migrant welfare and over Rs 1,392 crore for procurement of Covid vaccine doses.
'Wealthy Indians don't give as much as Americans because they believe they must leave their wealth to their children.'
'I am not doing what I am to make a name for myself.''I am doing what every Indian should be doing right now.'
Sandberg also plans to give to anti-poverty efforts and educational groups.
'All of us have a duty to contribute to society. 'The practice of moral leadership will help us in this; it will also help us in business. 'We need to work together to develop the India that we have envisioned in our Constitution - an idea that is equitable, humane and sustainable.'
When it comes to philanthropy, Indians don't share the table with the likes of Bill Gates but still there are a few who do really donate and the latest list is topped by Azim Premji of Wipro.
After stepping down from the board with effect from September 30, he will remain as Chairman Emeritus of the FMCG firm, according to a statement issued on Wednesday. The 79-year-old industrialist passed on the baton of GCPL to his younger daughter Nisaba Godrej in 2017 after leading the company for 17 years.
Steve Waugh was seen in a shooting spree, taking shots of the Eden Gardens as well as those of the Bengal-Ranji fixture.
The business tycoon, who is also the Chairman of Azim Premji Foundation, has donated 8.7 per cent of the total stock of Wipro from his personal stock-holding for philanthropy in 2010.
Avantika Bhuyan on how Feroze Gujral is making her mark on the world of art.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
With 6.44 per cent of shares in his bracket, Jack will continue to exert his influence on China's biggest e-commerce company through his lifetime membership with the Alibaba Partnership, reported CNN.
Indians all over the US are going beyond being human and are learning to be humanitarian and expand their philanthropy activities finds Ajailiu Niumai.
The courtsaid the actor had ample opportunity in the past and if required, he could approach the civic body.
Over 340,000 images from 211 territories were submitted to the Sony World Photography Awards 2022 and over 156,000 were entered into the Professional competition - the highest number of entries in the history of the Awards.
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