Azim Premji donated Rs 27 crore per day in FY21, retains India’s top philanthropist rank

News Network
October 28, 2021

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Bengaluru, Oct 28: Software exporter Wipro's Azim Premji donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists in FY21.

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.

Mukesh Ambani of Reliance Industries, India's richest man by a distance, came third on the list with a Rs 577 crore contribution and was succeeded by Kumar Mangalam Birla with Rs 377 crore. The second richest Indian Gautam Adani is eighth on the givers' list with a donation of Rs 130 crore towards disaster relief.

Infosys co-founder Nandan Nilekani's ranking improved to fifth with a Rs 183 crore donation with “societal thinking” being identified as the primary cause.

“At present, most of the money is going to fundamental aspects like education and healthcare because of the requirements on the ground. Nilekani has indeed made interesting contributions, and in 10 years, we will have broader civil society issues feature as primary causes,” Hurun India's managing director and chief researcher Anas Rahman Junaid said.

He said as the age profile of the givers shifts to those under-40, and many of them being self-made ones also presents a hopeful picture.

There are a few new entrants into the list, including the largest stocks investor Rakesh Jhunjunwala, who donated a fourth of his overall earnings or Rs 50 crore in FY21 with efforts on education. Jhunjunwala, who recently had a private meet with Prime Minister Narendra Modi, is among the backers of Ashoka University, as per a statement.

Brothers Nithin and Nikhil Kamath committed $100 million (Rs 750 crore) over the next few years to support individuals, organisations and companies working on solutions for climate change and are 35th on the list.

Former chairman of engineering major Larsen & Toubro, A M Naik, is 11th on the list with a donation of Rs 112 crore, it said, adding that he has pledged to give away 75 per cent of his income for charitable purposes.

Others in the top ten givers include the Hinduja Family, Bajaj Family, Anil Agarwal and the Burman family.

Nine women find their place in the list led by a Rs 69 crore donation by Rohini Nilekani of Rohini Nilekani Philanthropies and, followed by Leena Gandhi Tewari of USV who donated Rs 24 crore, and Anu Aga of Thermax donated Rs 20 crore.

Based on the place of residence, Mumbai led with 31 per cent of the list and was followed by New Delhi 17 per cent and Bengaluru 10 per cent.

The pharma industry has the largest number of philanthropists followed by automobile and auto components and software and services.

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News Network
May 19,2024

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Naturals Ice Cream founder Raghunandan Kamath passed away following a brief illness. Born to a mango vendor in a village in Mangaluru, Kamath went on to establish Naturals, an ice cream parlour estimated to be worth Rs 400 crore today. 

"Our thoughts on the sad demise of our patron and founder of Naturals Ice Cream, Late Raghunandan Kamath. Indeed a very sad and unfortunate day for us," the company said.

Mr Kamath grew up helping his father in selling mangoes in a village Karnataka's Mangaluru. This was when he learned the art of picking the ripe fruit, plucking it, sorting it, and preserving it.

As the legend goes, a young 14-year-old Kamath boarded a train from Mangaluru and came to Mumbai (then Bombay). 

After working at his brother’s restaurant, Kamath had an idea — if ice creams have fruit flavours, why can’t they have real fruits. He decided to fill this void in the market. But unsure of whether customers would come, he began his business with serving pav-bhaji as the main dish and the ice cream as an add on.

His first ice cream parlour was launched in 1984 in Juhu, with the initial menu featuring around 12 flavours, each being a testament to the knowledge he acquired during the time he assisted his father in Mangaluru.

The demand kept growing and he opened five more outlets in 1994. Currently, it has over 165 outlets across 15 cities.
 
His story was captured expansively in ‘Intelligent Fanatics of India’, a book co-authored by Mumbai-based journalist Pooja Bhula.

Inspired by his mother's techniques, Kamath also developed innovative machines to streamline production and ensure consistency, notes the company website.

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News Network
May 5,2024

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Bengaluru, May 5: In a major development, the Special Investigation Team (SIT) probing the sex video scandal involving JD-S MP Prajwal Revann on Saturday arrested his father and JD-S MLA H.D. Revanna following the rejection of his anticipatory bail plea in a victim kidnapping case by the People’s Representative Court in Bengaluru.

H.D. Revanna was taken into custody from the residence of his father and former Prime Minister H.D. Deve Gowda in Bengaluru’s Padmanabhanagar locality.

First, he was taken to the SIT office on the premises of the Criminal Investigation Department (CID). After preliminary questioning, the former JD-S minister was taken to the Bowring Hospital for a medical check-up.

Sources said he will be produced before the magistrate at the latter's residence later.

Commenting on the development, Chief Minister Siddaramaiah told mediapersons that he won’t interfere in the matter.

“Action should be initiated as per the law,” he said.

Deputy Chief Minister D.K. Shivakumar said, “We will not interfere in anything related to this matter. Let them get protection from the court under the law."

Shivakumar also said that let the proceedings follow the manner suggested by former CM H.D. Kumaraswamy.

Quoting a Kannada proverb, Kumaraswamy had said that those who commit crime must be punished.

The SIT officers reached the former PM’s residence soon after the court turned down his anticipatory bail plea in a case related to the kidnapping of a woman who was allegedly sexually assaulted by his son Prajwal Revanna, the sources said.

Earlier on Saturday, the SIT traced the kidnapped woman to the farmhouse of Rajashekar, the personal assistant (PA) to H.D. Revanna, at Kalenahalli village in Mysuru district.

In the court, Special Public Prosecutor B.N. Jagadish submitted that the case is about saving the life of a poor woman.

Jagadish argued that H.D. Revanna did not turn up before the authorities even after being served three notices.

Senior counsel Muthy D. Naik, appearing for H.D. Revanna, argued that the only allegation against his client is a statement that he had called the victim to his residence.

Barring this, there is nothing to prove the role of H.D. Revanna in this case, he argued, adding that the statement was made by an accused in the case, with whom his client has no connections.

He also claimed that the SIT has deliberately added IPC Section 364A, which attracts life imprisonment and capital punishment, to ensure that his client’s bail plea is rejected.

The other IPC Sections invoked in the case — 363 and 365 — attract imprisonment of less than seven years. Therefore, to prove the innocence of H.D. Revanna, he should be granted bail, Naik submitted.

Meanwhile, the woman, who had gone missing on April 29, was found locked up in the farmhouse when the SIT officers reached there following a tip-off.

Sources said Rajashekar is absconding ever since the SIT traced the missing woman to his farmhouse.

The woman is being brought to Bengaluru where her statement will be recorded.

On Friday, Karnataka Police registered an FIR against H.D. Revanna in connection with the kidnapping of the woman, believed to be one of the victims of the sex video scandal involving his son Prajwal Revanna.

The woman’s son had registered a kidnap case naming H.D. Revanna as the prime accused in the case.

His relative Satish Babu was named as the second accused in the FIR, whom the police arrested from Mysuru district on Friday.

The woman’s son alleged that his mother went missing after the surfacing of a purported sex video in which Prajwal Revanna could be seen sexually assaulting her.

He also alleged that his mother was locked up in an undisclosed location, as he pleaded with the police to initiate legal action against H.D. Revanna and Satish Babu.

Prajwal Revanna, the sitting JD-S MP from Hassan, has reportedly fled from the country.

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News Network
May 6,2024

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Several women, believed to be victims of Prajwal Revanna, have left their homes in Karnataka's Hassan district over the last ten days, according to media reports.

These departures reportedly come amid fear and stigma after their identities became public due to the circulating video clips showing the women who were allegedly sexually assaulted by Prajwal Revanna.

"The entire district is in H D Revanna’s control. You speak ill about them and chances are high that it will reach them, because the family and the party have a large following," a shopkeeper in Hagare - 20 km from Hassan – was quoted as saying by the news paper. 

Hassan is the bastion of the JD(S) supremo Deve Gowda, and Prajwal, his grandson, is the sitting MP.

The family of the woman whose complaint was the basis of the first FIR against Prajwal has now left their home, the publication reported, citing a neighbour who said, "The woman worked at Revanna’s house as a house help. Some of her videos started to circulate and then, her house was seen locked. We don’t know when she left."

Notably, a former Zilla Panchayat member has also filed a rape case against Prajwal, and in that village many women who worked for the party formerly are now incommunicado, a JD(S) leader told the publication. "We noticed many of the party women deleting their photos with Prajwal on social media. In some instances, men are questioning their wives about their association with the MP. It is shattering the lives of many women in the district," he said.

The local leader added that the former Zilla Panchayat member was there on April 24, but no one had seen the family since the videos came out.

The case is currently being probed by an SIT team and when they reached the Revanna residence, party workers were reportedly heard talking about the women. "I know this woman, she lived close to our residence and was very active in JD(S) activities. Her house is locked… she has small children," one said, as per IE.

Another shopkeeper added, "It was really wrong to reveal the faces of the women. I know some of them, and they have gone into hiding. We don’t know whether they can return."

He noted that it is impossible to survive in Hassan while fighting a case against the Revanna family.

While Prajwal's father, H D Revanna is in SIT custody, a Blue Corner notice has been issued against the sitting MP.

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