Page 3 - Philanthropy

India's new CSR regulations make philanthropy compulsory for companies

New CSR rules replacing comply-or-explain regulations with a mandatory regimen have raised the stakes for large corporations

Hyundai's philanthropic arm signs MoU with IIT Delhi to support research

The move aims to support the research work at Centre for Automotive Research and Tribology

With net worth of $209.3 bn, Musk debates how to give away record fortune

Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg Billionaires Index of the world's 500 wealthiest people

Azim Premji tops EdelGive Hurun India Philanthropy list 2020

The preferred cause of India's top philanthropists over the past seven years has been education and 2020 was no different as most of the donations were made for this purpose

Wipro's Azim Premji emerges as most generous Indian in FY20: Report

Premji's generosity pulled the total donations up by 175 per cent to Rs 12,050 crore in FY20

BS Awards: 'Align business and social impact for sustainable philanthropy'

Nihal Kaviratne, Founder of St Jude India ChildCare Centres received the award - Social Enterprise of the Year at the Business Standard Awards for Social Excellence on Thursday

How Social Stock Exchange will help raise funds, regulate social sector

NPOs looking to raise funds will have to list themselves on the exchange, but to do so they will have to meet minimum standards of reporting

Doris Buffet, Warren Buffet's philanthropist sister, passes away at 92

Her death was confirmed by her grandson Alexander Buffett Rozek

Lakshmi Mittal gifts GBP 3.5 mn to Oxford for developing Covid-19 vaccine

Lakshmi Mittal said, "This year has been a wake-up call to the world to be better prepared for pandemics, which, as we have all experienced, can cause massive social and economic disruption."

Warren Buffett donates $2.9 bn to Gates Foundation, family charities

In a statement on Wednesday, Berkshire said Buffett's 15th annual donation comprised 15.97 million Class B shares of Berkshire.

Trustees of PM CARES appoint SARC & Associates as auditor of fund

Opposition parties have questioned how the PM CARES Fund is being kept out of the audit purview of the Comptroller and Auditor General (CAG).

Big names in Indian philanthropy team up to respond to climate change

Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development

Azim Premji, an inspiration in business world, a role model in philanthropy

Banerjee, who went on to lead L&T Infotech as its CEO after leaving Wipro, said that Premji has the knack of identifying talent, nurturing it and giving it space to grow

Individuals lead the way in philanthropy, even as firms' contribution falls

Contribution from foreign sources, domestic corporations has slowed

A question of trusts

With the income tax department cancelling Tata Trusts registration, the first of a two-part article examines the flaws in the laws governing charitable trusts

GiveIndia gets Rs 23-cr grant from Bill Gates foundation and 3 others

GiveIndia is also looking to partner with online consumer companies and brands to make contributions more convenient

HCL's Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution

Azim Premji was second on the list, while Mukesh Ambani came third

Corporate philanthropy: How India Inc's big hearts are paying back society

Worth Rs 1,560 cr last year, with a per-donor contribution of Rs 40 cr, corporate philanthropy is more about professional involvement today, than symbolic dole-outs

New-age billionaires are ushering in their own brand of philanthropy

The Gates's efforts are sprawling, spanning the globe and crossing fields