The heroes of Indian Philanthropy
By siliconindia   |   Friday, 24 June 2011, 00:09 IST   |    18 Comments
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Infrastructure-based GMR Group founder Grandhi Mallikarjuna Rao, 61, pledged $ 340 million in March, his 12.5 per cent personal stake in the business and one-eighth of his family's share, through an irrevocable endowment to the GMR Varalakshmi Foundation. It works primarily to educate and train poor youths in 20 locations in India and two in Nepal. Rao started his philanthropy early in career, when he ran a small business and built a school in his village.

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