Wipro Takes Philanthropic Route to Boost Public Shareholdings


credit:

Wipro Ltd's Azim Premji has taken the philanthropic way in order to increase public shareholding by 25 percent minimum as mandated by the Securities and Exchange Board of India (SEBI).

Wipro's proposal has been approved by SEBI to meet the public shareholding minimum requirement through equity transfer shares by the promoter group to an "Irrevocable Independent Trust."

Read the Entire Article


Federal Programs Related to - Business Promotion

Programs that promote the general commercial interests of the community or the interests of particular trades. Business Leagues; Business Retention; Chambers of Commercial; Local Business Associations; Industry-Specific Promotion; Trade Association; Trade Groups Business Recruitment & Attraction Programs provide any of a wide variety of incentives to encourage new businesses and industries to locate in a particular community, to provide development and expansion opportunities for existing businesses, and to discourage existing businesses from leaving the area and relocating elsewhere. Attraction of Business; Business Recruitment; Empowerment Zones; Enterprise Zones; Industrial Park Development; Media Production Liaison Services

Federal Programs Related to - Philanthropy, Voluntarism & Grantmaking, General/Other

Private nonprofit organizations whose primary purpose is to promote the practice of charitable giving and volunteering or to represent and serve a wide range of philanthropic and charitable institutions.




Social Entrepreneurship
Spotlight



New Social Enterprise Hub In Ballymena


The Northern Zone Social Enterprise Hub at Ballymena’s Ecos Centre has now officially opened. The launching ceremony was carried out by Social Development Minister Nelson McCausland.




Human Services Jobs in Mississippi

  Social Services Employment
  Social Work Jobs
  Social Services Jobs
  Substance Abuse Jobs
  Education Jobs