EDELGIVE HURUN INDIA
Make room for more Idris Elbas
Trillions in investment are needed for such projects, but access to funds and green tech remains a challenge, especially for developing nations. Risks inflate capital costs, deterring private investment where it's most needed.
Not just businesspersons, professional CXOs are also joining the road to philanthropy
The Edelgive Hurun India Philanthropy List 2023 released recently showed that AM Naik, Chairman Emeritus L&T, was one of India’s most generous professional managers. He has donated over Rs 150 crore.
View: Philanthropy is welcome, but impact investing would benefit society much more
In many cases, philanthropy might be most appropriate, but in some cases, the same goal could be achieved by an income-generating investment, the returns from which could be ploughed back into the investible corpus to increase the funds available for generating the desired impact.
Mamaearth parent Honasa’s IPO at a crossroads, and other top tech, startup stories this week
This week the much-awaited initial public offering (IPO) of omnichannel retailer Honasa Consumer Ltd, the parent of beauty and personal care brands such as Mamaearth and The Derma Co, was launched.
HCLTech founder Shiv Nadar tops Hurun Philanthropy List 2023; donates over Rs 2,000 crore in FY23
Wipro founding chairman Azim Premji (78) and family came second with a donation of Rs 1,774 crore and the third spot was retained by Reliance Industries chairman Mukesh Ambani and family with a donation of Rs 376 crore.
Fintechs wary of RBI’s new cross-border payments rules; telcos take on Big Tech over biz messaging
The Reserve Bank of India’s (RBI) new rules on cross-border payments will bring fintech players operating in this space under the regulator’s direct supervision. More details on this in today’s ETtech Morning Dispatch.
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Giving away Rs 5.6 cr a day, Shiv Nadar top donor in 2023 philanthropy rankings; total contributions surge 56%
Shiv Nadar, founder of HCL Tech, remains India's top philanthropist, donating Rs 2,042 crore in 2023. Azim Premji of Wipro follows with Rs 1,774 crore. Indian philanthropy surges, with 119 donors contributing Rs 8,445 crore, showing a 60% increase from last year. Education, art, culture, heritage, and healthcare were the preferred causes.
'I am inspired': Bill Gates applauds Zerodha's Kamath brothers
Zerodha's Kamath brothers have been ranked 9th in India’s top philanthropists in personal capacity list. They had recently met Bill Gates during Microsoft co-founders' recent India visit
Big-ticket donations, philanthropic initiatives to tackle climate crisis begin to take shape in India
So far, philanthropic giving for climate change is a sliver of the entire giving pie in India. Detailed data is hard to come by but according to the EdelGive Hurun India Philanthropy List 2022, while there was a 46% rise in donations to environment and sustainability compared with FY21, this amounted to less than Rs 200 crore.
‘Manushree will be fine very soon.’ Gautam Adani’s promise to toddler with heart disease wins the Internet
The four-year-old has been diagnosed with a hole in her heart.
HCL’s Shiv Nadar is India's most generous person: EdelGive Hurun India
Wipro's Azim Premji came in second with an annual donation of Rs 484 crore. Premji is the only living Indian to feature in the EdelGive Hurun Philanthropists of the Century list.
HCL founder Shiv Nadar most generous person; Premji slips to second position: Hurun India Philanthropy List 2022
HCL founder Shiv Nadar on Thursday was named as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed on Thursday. Nadar, 77, has reclaimed the 'India's most generous' title with a donation of Rs 3 crore per day, according to the report.
Adani family pledges ₹60,000 crore towards charity
Last year, he shared the eighth spot with Vedanta Group chairman Anil Aggarwal on the EdelGive Hurun India Philanthropy List with donations of ₹130 crore, according to media reports.
Tech’s biggest philanthropists, from Premji to Zuckerberg
The founder and chairman of Wipro has consistently been by far the biggest giver among Indian billionaires. In 2001, he established the Azim Premji Foundation, a nonprofit that started with the purpose of improving the quality education in rural India.
Azim Premji remains top philanthropist with Rs 27 cr donation daily, Shiv Nadar & Mukesh Ambani follow
Premji increased his donation by nearly a fourth during the pandemic year.
Azim Premji donated Rs 27 cr per day in FY21, retains top giver rank
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.
Azim Premji’s charity arms get Rs 18,000 crore in 5 years
Two of his philanthropic arms, Azim Premji Trust and Azim Premji Philanthropic Initiatives, are classified as part of the promoter group, and hold 10.2% and 0.27% of the company respectively. While the dividends over the years were sizable, what added to the corpus was the four buybacks that Wipro did in the last five years.
Not the Gates, Jamsetji Tata is philanthropist of the century with $102 bn in donations
“Whilst American and European philanthropists may have dominated the thinking of philanthropy over the last century, Jamsetji Tata, founder of India’s Tata Group, is the world’s biggest philanthropist,” said Rupert Hoogewerf, chairman and chief researcher of Hurun Report in a press statement.
We must confront Covid crisis, its scale, spread & depth truthfully: Azim Premji
The scale, spread and depth of the crisis brought on by the pandemic must be confronted truthfully, and all our actions to deal with Covid must be based on good science, Wipro founder-chairman Azim Premji underlined at a Rashtriya Swayamsevak Sangh-backed event.
Azim Premji donated Rs 7,904 cr in FY 2020, that's almost Rs 22 cr a day!
With a donation of Rs 7,904 crore, Wipro founder-chairman Azim Premji and family topped the EdelGive Hurun India Philanthropy List 2020, followed by Shiv Nadar, founder chairman of HCL Technologies, and Mukesh Ambani, chairman, Reliance Industries.
Azim Premji tops EdelGive Hurun India Philanthropy List 2020, Shiv Nadar & Mukesh Ambani follow
The 4th spot was earned by Kumar Mangalam Birla, Chairman of Aditya Birla Group.
India & China in a neck-and-neck philanthropy game, but who wins?
China has more female philanthropists than India.
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