magics gifs,entertenment: Re: ~:C.C.4.U:~ AZIM TRANSFERS RS. 12,300 CRORERS

Monday, 25 February 2013

Re: ~:C.C.4.U:~ AZIM TRANSFERS RS. 12,300 CRORERS

I entirely agree with Afridi. Azimji's is an outstanding example of humanity, humbleness and sacrifice without pretence. Hats off to him. We all are proud of Azimji.

Rao

From: S K Afridi <afridisk@yahoo.com>
To: desi_pardesi_chat@yahoogroups.com; desi_pardesi@yahoogroups.com
Cc: "DilDariya@yahoogroups.com" <DilDariya@yahoogroups.com>
Sent: Sunday, 24 February 2013 9:13 PM
Subject: ~:C.C.4.U:~ AZIM TRANSFERS RS. 12,300 CRORERS

Now this shows loyalty to your country...giving back what the motherland
gave you from her "womb"...and shows how people can bind themselves
in a common bond of humanity....an example for you all to adopt and emulate...what a great guy?

I salute him...also he is very much down to earth
and does not live in the skies....I wish others should also do the same
for their own countries instead of filling their own pockets !

timesofindia.com

Azim Premji transfers Rs 12,300 crore to
his not-for-profit foundation
The writer has posted comments on this articleBySujit JohnSujit John, TNN | Feb 22, 2013, 05.37 PM IST

Premji transfers 300 mn Wipro shares worth Rs 12,300 cr to trust

BANGALORE: Azim Premji, chairman of the Azim Premji Foundation, announced on Friday that

he has transferred 295.5 million equity shares representing 12% of the total shares of Wipro Ltd,

held by certain entities controlled by him, to an irrevocable trust. With this transfer
(valued at about Rs 12,300 crore based on current market price), the trust's shareholding in
Wipro will go up to about 19.93%. This trust will utilize the endowment to fund social,

not-for-profit initiatives of the foundation, which are expected to scale significantly over
the next few years. The "Giving Pledge" campaign had recently announced that Premji was

amongst the billionaires around the world to commit half their wealth to philanthropy.
The campaign, led by billionaires Warren Buffett, Bill Gates and others, is a commitment by

the world's wealthiest individuals and families to dedicate the majority of their wealth to
philanthropy. Azim Premji Foundation is a not-for-profit organization set up in 2001 with

the goal to create and sustain initiatives to contribute to a just, equitable, humane and
sustainable society. The foundation has worked largely in rural India, often in close partnership
with various state governments, to help contribute to the improvement of quality and equity of

school education. Currently the foundation's work is spread acrossKarnataka, Uttarakhand,

Rajasthan, Chhattisgarh, Pondicherry, Andhra Pradesh, Bihar and Madhya Pradesh. The foundation's

strategy focuses on creating and scaling up a network of institutions at various levels to
contribute to improvement in the school education system and allied areas. As part of this strategy,
over the last two years, the foundation has set up the Azim Premji Universityat Bangalore, state

level institutes in three states, district level institutes in seven districts and six demonstration schools

associated with the district institutes. Seven more district level institutes are in various stages of
formation. The University has been established with the social purpose of developing outstanding

professionals in the domains of education and development for the entire country. The University
does this through offering various kinds of degree programmes, continuing education programmes and
creation of knowledge in education and allied development areas. Currently, the university offers
MA Education and MA Development programmes. It offers specializations in school leadership &
management and curriculum & pedagogy under MA in education, and livelihood, public policy,

health & nutrition and law & governance under MA in Development. As part of scaling up of the
institutional strategy, over the next 4 to 5 years, the number of district level institutions will

expand to 50-60, state level institutions to 6-8 and the university will expand to have 3,500
students with 350 faculty members across multiple programs. The foundation will also have
50-100 demonstration schools associated with district level institutions. During this period,

the team size is expected to grow from the current 800 people to about 4,000 people.

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