'These guys, they can do everything I did on a return, except they have even a little more coverage'
Wealthy Indians shelled out 3.1 per cent of their total income on charitable donations in 2011 and more than half pledged to give even more this year, says a study by global business consultancy Bain & Company.
GQ Magazine held its annual Men of the Year Awards function in Mumbai on September 29. Honouring men who have made their mark in the fields of entertainment, business, philanthropy and more, big names like Shah Rukh Khan, Imran Khan and Kumaramangalam Birla ranked among the recipients, while stars like Deepika Padukone and Neha Dhupia were in attendance. Take a look.
Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.
The fund generated a lot of interest immediately after Prime Minister Narendra Modi announced its formation of the fund in the last week of March after the COVID-19 outbreak and appealed for donations, prompting several private firms, government bodies and individuals, including celebrities, to donate money.
This act of promoting the welfare of society is called philanthropy. However, you don't have to be a billionaire to start your philanthropic activities. And there is more than one way to go about it.
Many claim they fear witch hunts for disagreeing with those in power.
Applauding Facebook co-founder Mark Zuckerberg for the reported pledge to give majority of his wealth to philanthropy, well known Hindu statesman Rajan Zed has called upon India's billionaires/millionaires to make similar pledges.
Founders of the Garden City's technology companies are learning the art of patience when it comes to meeting CSR objectives.
Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. The Forbes 2019 list of 'The World's 100 Most Powerful Women' has been topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third. Also on the list is Bangladesh Prime Minister Sheikh Hasina (29).
Even as many Indians are willing donors, they hold themselves back, thanks to a lack of transparency.
They may have the moolah, and millions of it, but that does not necessarily make them happy, according to a new study that finds that super-wealthy people feel isolated and worry the most about love, work and future of their children.
Kamala succeeded as she identified herself with the larger minority groups rather than narrow ethnicity, prodded by her mother who did not want to return to India, observes Ambassador T P Sreenivasan, who has done multiple stints in India's embassy in Washington, DC.
Street Dancer 3D is only about cardboard central characters and side-lined sensations doing the same old, same old, says Sukanya Verma.
40 American billionaires have pledged to eat into their wealth and give half of it away in an unprecedented act of philanthropy.
IT czar Azim Premji has given away almost half of his stakeholding in Wipro, India's third largest exporter of software services, to philanthropy.
President Ram Nath Kovind presented Padma awards to 73 individuals, some posthumously, at a ceremony held in the Rashtrapati Bhavan here on Monday.
In an unprecedented act of philanthropy to an American academic institution, the Ministry of Overseas Indian Affairs has given a $2 million grant to the University of Pennsylvania's Centere for the Advanced Study of India, headed by Devesh Kapur, to support its research on international migration from India.This is the first time the ministry has ever awarded an empirical research grant of this magnitude to an academic institution outside India.
In an unprecedented act of philanthropy to an American academic institution, the Ministry of Overseas Indian Affairs has given a $2 million grant to the University of Pennsylvania's Centre for the Advanced Study of India, headed by Devesh Kapur to support its research on international migration from India.
N R Narayana Murthy, co-founder and chief mentor of IT major Infosys Technology, said corporate bodies in developing countries like India have a responsibility to involve themselves in philanthropic acts to help underprivileged people.
Legendary investor Buffett along with Microsoft founder Bill Gates and his wife Melinda Gates are leading an initiative asking wealthy Americans to commit majority of their wealth for philanthropy.
Fifty of China's super-rich recently received an invitation to a banquet to be held on September 29.
Inheritance tax only helps the lawyers: Rajan
Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.
Sonal Shah, currently director for Global Development at google.org in promoting the firm's philanthropy will serve on President-elect Barack Obama's official 15-member transition board to be announced on Wednesday. Preeta Bansal, partner at the international law firm of Skadden Arps and a senior adviser on the Obama campaign is also expected to play a significant role.
They came, they dazzled and won our hearts too!
Glamour Magazine held its annual Woman of the Year Awards function in New York on November 9. Here's a look at Rihanna, Serena Williams, Stella McCartney and the other honorees.
Making his wealth public a day before stepping into the fray, Infosys co-founder and Congress candidate from Bangalore South, Nandan Nilekani has declared that he and his wife Rohini Nilekani have assets worth Rs 7,700 crore.
The grouping, which is called Co-Impact, has been set up with an initial corpus of $500 million and will focus providing healthcare, education, and economic opportunity to the underserved populus in developing countries.
Samridh Seth suggests nine must-read books that can help turn your life around.
In an interview, Ravi Venkatesan, chairman Microsoft Corporation India Pvt. Ltd, spoke to rediff.comabout Gates, his insatiable curiosity and indomitable courage to take risks.
A R Rahman will be the second Indian artiste to perform at the UN General Assembly after M S Subbulakshmi.
Sanjay Purohit, associate vice president & head, corporate planning, Infosys Technologies Ltd, talks about the role played by his company to encourage social entrepreneurship in India and how this initiative is gaining momentum within the company.
Nasscom chairman Ganesh Natarajan on Bill Gates' legacy.
He is truly fascinated with advances in science related to computing. And he has a good eye for seeing how those advances can be integrated together in powerful ways in a combination of software and hardware, says Steve Hamm.
Do you believe Gates' departure could change Microsoft forever? Would you say Gates is the greatest entrepreneur ever? Why? Tell us!
The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.
George Clooney comes to Delhi to continue humanitarian efforts as the UN's Messenger Of Peace.
Nobel Laureate Muhammad Yunus asked the Indian industry on Tuesday to get into micro-finance activities and the government to enable a legal framework for promotion of 'social business' in the country.
The most innovative thing in our industry was the idea of creating a software industry around the personal computer.
