#GautamAdani, the richest Indian man, has pledged ₹60,000 crore towards charity. That’s a tenth of his total net worth. This pledge was made on #Adani’s 60th birthday, and will be used towards healthcare, education and skill development – all of which are tax-deductible.
The #Adani Foundation will be holding this corpus as a trustee, and is likely to be partly funded by transferring the stake of promoters in the seven listed companies of the #AdaniGroup. According to Bloomberg and Forbes, #GautamAdani’s networth is around $93-95 billion.
#Adani received praise from #AzimPremji, the founder chairman of Wipro. A noted philanthropist himself, Premji praised Adani for pledging his wealth at the “peak of business success”, pointing at the substantial contribution to charity by the Adani group.
#Philanthropy is an effort to help and support social welfare causes by way of donations. Most of Indian CSR and charity causes are guided towards education for underprivileged children, the health & development of women & children and skill building amongst youth.
For many years, #AzimPremji has made a large contribution towards various causes that need attention in India. Premji has also been the biggest philanthropist in India by far. In the last two years, he donated over ₹17,600 crore – ₹9,713 crore in 2021 and ₹7,904 crore in 2020.
#GautamAdani could follow in the footsteps of Premji in his philanthropy efforts, stated a report by the Economic Times, quoting an unnamed source, without going into detail as to how exactly this will be done.
Forget making back money, it looks like Brahmastra is taking down PVR & Inox investors with itself. With early reviews pouring cold water on #Brahmastra’s prospects, India’s largest theater chains PVR & Inox have cumulatively lost over ₹800 crore in market capitalization today.
In Indian mythology, #Brahmastra is known as a weapon of unstoppable destruction, which can only be stopped by its counterattack astra (weapon). Ironically, the movie could end up being a victim of the weapon it is named after.
The late #QueenElizabethII has visited India three times – in 1961, 1983 and 1997, each time accompanied by her husband and Duke of Edinburgh, the late Prince Philip. Her first visit came nearly 15 years after India's independence.
#KingCharlesIII takes over as the British monarch after the death of #QueenElizabethII, and that will lead to a demonetisation in the UK. New coins and currency notes will be minted and printed after the designs are approved.
The death of #QueenElizabethII has given the British monarchy its first King after over 70 years. The old coins and notes will be slowly phased out of circulation.
The old coins and notes featuring #QueenElizabeth II will continue to be legal tender for the time being.
The #iPhone14 is the base variant and comes with a few upgrades over its predecessor, including the A15 Bionic chipset, upgraded cameras and longer battery life.
Apple has announced the much-awaited #IPhone14 series, the company’s latest flagship offering. In addition to the iPhones, the company also announced Apple Watch SE, #AppleWatchSeries8, Apple Watch Ultra and the AirPods Pro gen 2.
Coming to the iPhone 14 series, the Cupertino giant has introduced four models – the base #iPhone14, iPhone 14 Plus, #iPhone14Pro and the top-end iPhone 14 Pro Max.
Apple has made significant changes to the iPhone 14 series.
Astronomers focused the #JamesWebbSpaceTelescope on Tarantula Nebula, one of the brightest and most active star-forming regions in our galactic backyard, and found thousands of young stars they hadn't seen before, images released by NASA on Tuesday show.
The Tarantula Nebula, is an immense cloud of gas and dust about 160,000 light-years away in the Large Magellanic Cloud, a satellite galaxy of the #MilkyWay. The nebula has birthed some massive stars, a few that are more than 150 times the mass of our sun.