17, Sep, 2019
Azim Premji’s charitable trusts grow richer on dividends, share sales

dividends

NEW DELHI: Billionaire Azim Premji’s two philanthropic trustsearned ₹11,357 crore ($1.65 billion) over the past nine years by way of dividends, share sales and buybacks, becoming one of the richest and largest charitable trusts in India. The earnings of the two trusts—Azim Premji Philanthropic Initiatives Pvt. Ltd or APPI (earlier called Azim Premji Foundation) […]