India Inc lacks philanthropic appetite

PUBLISHED ON: June 28, 2006

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While corporate giants like Bill Gates and Warren Buffet stun the world with their generosity and also set new milestones for philanthropy, it raises serious questions about the philanthropic appetite of Indian industrialists. The Tatas were the early pioneers and donated large parts of their wealth in setting up centres of excellence like the Indian Institute of Science in Bangalore and setting up the Tata Trust.
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