One of the Top Indian industrialist, Wipro Chairman Azim Premji said that he will transfer company shares worth Rs 8,846 crore to his endowment trust named Azim Premji Foundation later this month.
"The trust will fund the philanthropic activities of the Foundation and not (for) any other purpose," said Azim Premji Foundation CEO Dileep Ranjekar.
The foundation, which was set up in 2001, works largely for the cause of education in rural India.
Showing posts with label indian billionare. Show all posts
Showing posts with label indian billionare. Show all posts
Mukesh Ambani will move to his modest $ 1 Billion home 'Antila' with his wife, 3 children and 600 Staff members
Indian Billionaire and Reliance Industries chairman Mukesh Ambani's new 27-storey Mumbai skyscraper named 'Antila' likely sets a record as the world's most expensive residential home, according to ‘Forbes’ magazine.
The Mukesh Ambani family with their staff members will be joining their 19,500-square-foot new home by the end of this month.
Noting that the home is worth 630 million pounds, or $ 1 billion, as reported by 'The Telegraph'
Indian American tops Forbes' '10 greenest billionaires'
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Hurray thats great news :) .
Article appeared on timesofindia.indiatimes.com
WASHINGTON: Indian American Silicon Valley billionaire Vinod Khosla tops the list of 10 greenest billionaires chosen by Forbes "who are most active in green, sustainable causes and who are working to have the greatest impact."
The leading US business magazine said it found the top ten "are altruistic, yes, but most of them are also very much aiming to turn a profit" and they hail not just from the US but also from Israel, Germany and Canada.
The leading US business magazine said it found the top ten "are altruistic, yes, but most of them are also very much aiming to turn a profit" and they hail not just from the US but also from Israel, Germany and Canada.
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