Connect with us

news

Wipro’s Azim Premji most generous Indian, donates INR 220 million daily!

Published

on

BY S VENKAT NARAYAN

Our Special Correspondent

NEW DELHI, November 13:

IT major Wipro’s Azim Premji donated INR220 daily, or INR 79.04 billion in a year and emerged as the most generous Indian in 2020.

Premji pipped HCL Technologies’ Shiv Nadar, who had earlier topped the list collated by Hurun Report India and Edelgive Foundation, by a wide margin. Nadar’s donations stood at INR 7.95 billion for FY20 as against INR8.26 billion in the year-ago period. Premji had donated INR 4.26 billion in the previous fiscal.

Richest Indian Mukesh Ambani of Reliance Industries retained the third spot among the list of givers by donating INR4.58 billion as against INR4.02 billion a year ago, it said.

The raging pandemic had the corporate honchos repurposing their donations to fight the COVID infections, and the top giver on this turned out to be Tata Sons with a INR15-billion commitment, followed by Premji at INR11.25 billion, and Ambani at INR5.10 billion.

A bulk of the corporate commitments seemed to be given to the PM-CARES Fund, with Reliance Industries committing INR5 billion, and Aditya Birla Group donating INR4 billion, the report said. It can be noted that Tatas’ commitment also includes a INR5 crore donation to the fund newly created by Prime Minister Narendra Modi to battle the coronavirus pandemic.

Premji’s generosity pulled the total donations up by 175 per cent to INR120.5 billion in FY20, the list said.

Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro and has the right to receive all money earned from promoter shares, the report said.

The number of individuals who have donated more than INR100 million increased marginally to 78 from the year-ago period’s 72, the report said.

With a donation of INR27 million, Amit Chandra and Archana Chandra of ATE Chandra Foundation are the first and only professional managers to ever enter the list.

The list has three of Infosys’ co-founders with Nandan Nilekani (INR1.59 billion), S Gopalkrishnan (INR500 million) and S D Shibulal (INR32 million).

The list of 109 individuals who have donated over INR50 million has seven women, led by Rohini Nilekani with INR470 million.

Education is the highest beneficiary sector with 90 philanthropists, led by Premji and Nadar, together donating INR93.24 billion, the report said. Healthcare came second with 84 donors and was followed by disaster relief and rehabilitation with 41 donors.

Mumbai, the financial capital, led by donor count at 36, followed by New Delhi at 20 and Bengaluru at 10.

E-commerce firm Flipkart’s co-founder Binny Bansal was the youngest donor at 37 with a commitment of INR53 million and the average age of the donors on the list was 66 years, it said.

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

Foreign force behind Easter Sunday attacks – Sirisena

Published

on

By Rathindra Kuruwita

A powerful foreign country or an agency was behind the Easter Sunday bombings and the National Thowheed Jamaat (NTJ) leader Zaharan Hashim, former President Maithripala Sirisena yesterday told the PCoI investigating the Easter Sunday attacks.

“I also do not believe that Zaharan was the leader of that organisation. Because a leader would never have initiated a suicide attack and died during the first wave,” Sirisena said.

The former President also said that Islamic extremism had spread rapidly in the country due to the support extremists received from Muslim politicians.

Sirisena also said that the military and intelligence officials had been demoralised by harassment they suffered during the yahaalanaya administration. This was the reason why local institutions failed to uncover NTJ’s plans. “But this incident is a conspiracy because it appeared that Zaharan was being manipulated by some foreign hand,” the former President said.

The President further said that during the previous administration, UNPers had headed the Ministry of Law and Order for several years that they had significantly weakened the intelligence services. Although he had taken the Ministry of law and Order in the last stages of the yahapalana government, he had not been able to undo the damage the UNP had done in four years, the witness said.

Commissioner: “Did you know that during your tenure as President, Muslim MPs and ministers were forcible acquiring land in Vanni and Batticaloa and they were constructing Muslim villages and mosques there?”

Sirisena: “Some ministers used their political power to clear forests and cultivate lands. Some ministers were angry with me when I tried to stop them. I tried hard to control those actions. But it was difficult for me to deal with that situation. Fundamentalism rose due to the protection given by Muslim political leaders. Certain political parties are based on religion, race and language. This is disastrous. I tried to stop these people but my decisions were not implemented.”

 

 

Continue Reading

news

Bathiudeen granted bail

Published

on

Former Minister Rishad Bathiudeen was released on bail by the Fort Magistrate’s Court yesterday. Fort Magistrate Priyantha Liyanage released Bathiudeen on cash bail of Rs. 100,000 with two sureties of one million rupees each.

The Magistrate also imposed a travel ban on Bathiudeen and said that the guarantors should be his close relatives.

The Magistrate granted bail to the MP considering the risk of him contracting COVID-19 as two inmates in cells next to his had recently tested positive for coronavirus.

Bathiudeen was remanded in connection with alleged misappropriation of public funds during the last presidential election to transport voters.

The former minister has been accused of misusing 222 buses owned by the SLTB for transporting internally displaced persons from Puttalam to polling stations in Silavathurai, Mannar during the 2019 Presidential Election. Two others, Mohamed Yaseen Samsudeen and Alagarathnam Manoranjan face the same charges.

They have allegedly violated Article 82(1) of Presidential Elections Act, No. 15 of 1981 by misappropriating public funds amounting to Rs. 9.5 million.

Bathiudeen was arrested at an apartment complex at Ebenezer Place in Dehiwala in the early hours of October 19. He was then produced before the court and placed under remand custody. His bail application was also rejected by the magistrate’s court on several occasions

 

 

Continue Reading

news

Zahran supported Sirisena and SLMC at 2015 elections, Hizbullah tells PCoI

Published

on

By Rathindra Kuruwita

National Thawheed Jamaat (NTJ) and its leader Zahran Hashim supported Former President Maithripala Sirisena and the Sri Lanka Muslim Congress (SLMC) at the 2015 elections, former Eastern Province Governor M.L.A.M Hizbullah, on Tuesday night, told the PCoI probing the Easter Sunday attacks.

Hizbullah was giving evidence before the PCoI for the second day.

“Zahran supported the SLMC at the 2015 general election. After the UNP-led coalition won the election, NTJ members fought with our supporters. Several people were injured during the clash, including Zahran’s brother. SLMC leader Rauff Hakeem visited Zahran’s brother at the hospital.”

The witness also submitted a footage of a demonstration opposite NTJ Headquarters in Kattankudy. It contained a speech by Zahran, who expressed his dismay after Sirisena appointed Hizbullah as a national list MP.

“In this video, Zahran clearly says he supported Maithripala Sirisena at the 2015 presidential election. Zahran also says he sent a fax to the former President, urging him not to appoint me to Parliament.”

However, it was earlier revealed that in 2015, representatives of five recognised political parties, including the UPFA and the UNP, had signed agreements with Zahran in the run-up to the 2015 general election. Representatives of Sri Lanka Muslim Congress (SLMC,) Democratic Party, UNP, UPFA and National Front for Good Governance (NFGG), too, had signed agreements with Zahran in exchange for NTJ support, the Commission was told.

Hizbullah, on Monday, admitted that his party had also signed an agreement with the NTJ.

“Zahran told social media that he would support any politician who agreed to his proposals. All the parties joined him. I also went along.”

Continue Reading

Trending