Back to resources

Rohini Nilekani Sells Infosys Shares, Raises $27 Million For Charity

Others | Aug 3, 2013

Rohini Nilekani, wife of Infosys cofounder Nandan Nilekani, disclosed Friday that she has recently sold 577,000 shares out of the 8 million shares that she holds in the outsourcer. The sale reduced her stake marginally from 1.41% to 1.31% which is still worth close to $370 million. The funds from the share sale, amounting to $27 million pre-tax, will be deployed in various charities in the areas of water, education, environment and governance that Nilekani supports.

View PDF

More like this

Others

The Rise Of The Ghazal Singers

Ghazal singers have become the new cultural celebrities in India. They sing to packed houses, their programmes are very popular on television, and their records sell better than many Hindi film records. Why have they suddenly become so popular? ROHINI SOMAN investigates.
Jun 1, 1980 | Personality

Civil Society  |  Others

एक नए सत्याग्रह की जरूरत है आज देश को

मेरे दादा जी सदाशिव लक्ष्मण राव सोमन, जिन्हें हम सब बाबासाहेब के नाम से जानते हैं, का 1946 में देहांत हो गया, भारत के स्वतंत्रता दिवस से कुछ ही माह पहले। उन्होंने देश को स्वराज्य दिलाने का सपना साकार करने के लिए दशकों संघर्ष किया। वह 1917 में उन स्वयंसेवकों के उस पहले बैच में […]
Aug 15, 2022 |

Others

Manna for the masses - The demand for small loans from the country’s urban and rural poor is estimated at Rs 45,000 crore.

Why then hasn’t micro-financing taken off? Ms Nilekani has funded, Sanghamitra, which is a micro-financial institution that’s targeted at the urban poor. If you’re still wondering what such an institution does, well it’s actually pretty simple; It offers loans to the poor at decent rates. View PDF
Dec 21, 2003 | Article

Others

BEHIND THE IT REVOLUTION -

IT companies may bring in their wake a certain culture of work and play which may veer away sharply from Bangalore’s pre-IT days, but the city is trying hard to keep its integrity. “The city has evolved.. It has grown madly in every direction, planned and unplanned, grown with granite and glass, with bricks and […]
Oct 23, 2010 | Conversation