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PHILANTHROPY IN INDIAN BUSINESSES
Warren Buffett won’t leave his $100 billion fortune to his children, says "enough so that they can do anything, but not..."Warren Buffett, the legendary investor, is donating over 99% of his colossal fortune to charity, rejecting the idea of a family dynasty. He...
Tata Trusts to hike philanthropic spending to Rs 2,000 cr this fiscal, CEO hits back at 'chaos' narrativeTata Trusts will boost its charitable spending to Rs 2,000 crore this fiscal year. CEO Siddharth Sharma highlighted the trusts' commitment ...
Indian-American couple gives $5.5 million for healthcare infra in USBrij and Sunita Agarwal have gifted USD 5.5 million to expand medical services in Houston. This significant donation will enhance clinical ...
He dropped out of school, failed at a grocery shop in Jabalpur, and is now a billionaire at the Burj Khalifa. Who is Desi Bling star Satish Sanpal?Satish Sanpal, a school dropout from Jabalpur, is now a Dubai real estate tycoon. Featured on Netflix's Desi Bling, his journey showcases a...
Tata Sons IPO: Why former Tata veteran Soonawala is warning against listing the conglomerateA former Tata Sons executive opposes a public listing. He believes an IPO could change the group's structure and social mission. Listing mi...
Forget will, rich Indian families are writing ‘family constitutions’Family constitution meaning: Wealthy Indian families are increasingly adopting formal family constitutions to govern wealth creation, succe...
Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
Why India needs collaborative philanthropyIndia’s massive scale makes philanthropic collaboration with the government not just desirable but essential
India plays key role in solving global challenges, driving positive impact: Desmond Kuek, CEO, Temasek TrustDesmond Kuek, CEO of Temasek Trust, remarked on Asia’s importance in addressing climate change due to its significant emissions. India’s ro...
Private philanthropy to expand at 10–15% annually in next five years: Neera Nundy, Partner, DasraPrivate philanthropy is expected to see a significant expansion with family philanthropy seeing a shift towards building a strong ecosystem.
Philanthropy in India focuses on one's roots, progresses to the community, and usually remains low-keyFamily businesses can be looked at as microcosmic socioeconomic systems in India, with strong ties to their communities.
Kaushik Basu, S Jaishankar to speak on India's economic future at different eventsFrom foreign policy to philanthropy, the topics of conversation will be far ranging.
Giving while living: India’s new rich lose the stingy tagIt is generally the third generation of a family, after attaining wealth and power, which seeks respectability and dedicates itself to phil...
Azim Premji the ‘most generous Indian’ in Hurun India Philanthropy List 2015Azim Premji has emerged as the ‘most generous Indian’ in the Hurun India Philanthropy List 2015, a ranking of the most generous individuals...
Bloomberg Philanthropies to launch website on Smart CityBloomberg Philanthropies will design and launch a website to involve citizens, urban local bodies and other concerned for the 'Smart City' ...
- Bill Gates: Philanthropy can be a lot of fun
In an interview to TOI, Gates said, "Even as India has got wealthier, I am hopeful that philanthropy too will go up. I love to tell wealthy...
- A third of HNI donors in 2011 under 30 years
More than a third of high networth individuals (HNIs) who turned to philanthropy in 2011 were below 30 years, reveals the annual India Phil...
- Sustainable philanthropy's no different from business: Naveen Jain, Moon Express
Sustainable philanthropy is no different from being an entrepreneur. When you start a business, it's for a cause, which could be for profit...
Philanthropy: Indians give just 1.5-3% of their annual incomesA Bain report indicates that under the right conditions, giving in India can reach significant and impactful proportions.
- Giving back to society enriches us all: Buffett and Gates
We are encouraging very wealthy families to make public commitment to giving away at least half of their wealth -- either during their life...