HURUN PHILANTHROPY LIST
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.
Hurun Philanthropy List: Meet The Most GenerousMembers Of India Inc
These are the movers and shakers of the business sector, who have spent a portion of their vast wealth to make a difference for the society.
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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.
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.
ETtech interview | We need to own more product IPs, build distribution chops: Shiv Nadar
In an interview with ET’s Romita Majumdar & Surabhi Agarwal, Shiv Nadar spoke about what the Indian technology industry must do to strengthen its product capabilities, create a sustainable culture for startups and his philanthropic vision.
'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
ET Lifetime Achievement Award: Shiv Nadar - Just doing IT is a way of life, as is starting up a new code of giving
As per the Hurun India Philanthropy List for 2022, billionaire Nadar’s annual donations stood at Rs 1,161 crore or roughly Rs 3 crore per day. With a net worth of $28 billion, he was positioned at 46 in the Hurun global rich list and fourth among Indian peers.
Adani, world’s third-richest person, considering opening family office in Dubai or New York
The chairman of the ports-to-power Adani Group conglomerate is looking at Dubai or New York as the base for the office, which will invest the Adani family’s personal funds, the people said, asking not to be identified because the matter is private.
‘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.
Dollar millionaires in India rise 11% in Covid-hit 2021; less happy than last year: Hurun Report
Hurun Report findings on dollar millionaires come at a time when there is rising concern about the growing inequality in the country with a population of over 130 crore. A recent Oxfam reporrt pegged the wealth of top 100 richest Indians at $775 billion, and added that India accounted for 4.6 crore or half of the overall people on the planet falling into extreme poverty in 2021.
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.
India's top industrialist, philanthropist Ratan Tata ranks way down on rich list
Ratan Tata’s wealth, largely sourced from Tata Sons, stood at Rs 3,500 crore, putting him at 433rd position on the IIFL Wealth Hurun India Rich List 2021. In the 2020 list, Ratan Tata’s ranking was 198th with wealth at Rs 6,000 crore.
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.
HCL's Shiv Nadar tops givers list, Mukesh Ambani comes third
Azim Premji, who created headlines by announcing a USD 21 billion commitment to charity, is second in the Edelgive Hurun India Philanthropy List 2019.
Billionaire list shows $1 trillion hit from 2018 market meltdown
The US had 584 billionaires, followed by Germany with 117.
2016 a dull year for philanthropy: The Hurun Research Institute
HCL founder Shiv Nadar topped the Hurun Philanthropy List for the first time, with a donation of Rs 630 crore, followed by Infosys co-founder.
Azim Premji the ‘most generous Indian’ in Hurun India Philanthropy List 2015
Azim Premji has emerged as the ‘most generous Indian’ in the Hurun India Philanthropy List 2015, a ranking of the most generous individuals from India.
Wipro's Azim Premji allocates additional 18% stake in company to fund philanthropy
Premji, who will turn 70 this month, controls a 73.39% stake in India's third-largest software company, which is worth about Rs 99,500 cr.
Azim Premji tops India’s philanthropists’ list
It included donations made by companies in which an individual had a significant share, by applying the percentage the individual has of the company on the donations.
Azim Premji tops India philanthropy list
Wipro chief and IT tycoon Azim Premji tops the list of Indian philanthropists, with donations amounting to Rs 8,000 crore in the past year.
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