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ISB bags its largest ever donation of Rs 100 crore from Motilal Oswal founders
ISB bags its largest ever donation of Rs 100 crore from Motilal Oswal founders

Time of India

time3 days ago

  • Business
  • Time of India

ISB bags its largest ever donation of Rs 100 crore from Motilal Oswal founders

Hyderabad: Premier B-school, the Indian School of Business, on Thursday said it received its largest ever philanthropic contribution of Rs 100 crore from the Motilal Oswal Foundation, which is the philanthropic arm of Motilal Oswal Financial Services Limited. The contribution will support the setting up of the Motilal Oswal Executive Centre at ISB's Hyderabad campus. The three-storey state-of-the-art executive centre, spread over 1,91,532 sq ft, will house lecture theatres, meeting rooms, office spaces, and a faculty lounge. A memorandum of understanding (MoU) on the donation was also formally exchanged in the presence of Motilal Oswal, the Chairman of the Motilal Oswal Foundation, Raamdeo Agrawal, Trustee of the Motilal Oswal Foundation, ISB Dean Prof Madan Pillutla, and ISB Executive Board member Pramath Raj Sinha. Terming education as a transformational force, Motilal Oswal said the foundation helped build Motilal Oswal knowledge centres at IIT Bombay, IIM Mumbai, and Plaksha University as the group's efforts to invest in India's future by providing a space for learning, growth, and nation-building. According to Raamdeo Agrawal, the contribution to ISB, which has become a centre of excellence in business education in India, will enable corporate executives to enhance their capabilities in the rapidly evolving business environment. Motilal Oswal Foundation was set up in 2011 with both the founders of the Motilal Oswal Group pledging 10% equity stake of their personal holdings in the group company for philanthropy.

Motilal Oswal Foundation pledges Rs 100 crore to Indian School of Business
Motilal Oswal Foundation pledges Rs 100 crore to Indian School of Business

Time of India

time3 days ago

  • Business
  • Time of India

Motilal Oswal Foundation pledges Rs 100 crore to Indian School of Business

Synopsis The Motilal Oswal Foundation has pledged Rs 100 crore to the Indian School of Business, the largest philanthropic gift in ISB's history. This contribution will facilitate the inauguration of the Motilal Oswal Executive Centre at ISB's Hyderabad campus. The state-of-the-art facility will enhance executive education and support ISB's role in developing future business leaders.

Motilal Oswal Foundation pledges ₹100 crore to Indian School of Business
Motilal Oswal Foundation pledges ₹100 crore to Indian School of Business

Business Standard

time3 days ago

  • Business
  • Business Standard

Motilal Oswal Foundation pledges ₹100 crore to Indian School of Business

The Motilal Oswal Foundation, the philanthropic arm of Motilal Oswal Financial Services, has committed ₹100 crore to the Indian School of Business (ISB). This contribution marks the single largest philanthropic donation to the Hyderabad-based business school. The memorandum of understanding regarding the donation was formally exchanged in the presence of Motilal Oswal, Chairman of the Motilal Oswal Foundation; Raamdeo Agrawal, Trustee of the Motilal Oswal Foundation; Professor Madan Pillutla, Dean of the Indian School of Business; Pramath Raj Sinha, Member of the ISB Executive Board; and D N V Kumara Guru, Senior Director – Advancement, ISB. The Executive Centre—a state-of-the-art, 1,91,523 sq ft, ground-plus-two-storey building—will house lecture theatres, meeting rooms, office spaces, and a faculty lounge. Motilal Oswal, Chairman of the Motilal Oswal Foundation, said, 'Education has always been a force for transformation—opening minds, creating opportunities, and shaping futures. Through the Motilal Oswal Foundation, we help build and support institutions that embody excellence and inclusion... This is our way of investing in India's future—a space for learning, growth, and nation-building.' Last year, the Motilal Oswal Foundation pledged ₹130 crore to the Indian Institute of Technology (IIT) Bombay to help upgrade its academic and research infrastructure.

Meeting held on bettering synergy between data producers, users at ISB
Meeting held on bettering synergy between data producers, users at ISB

Hans India

time4 days ago

  • Business
  • Hans India

Meeting held on bettering synergy between data producers, users at ISB

Hyderabad: The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with the Indian School of Business (ISB), organised a Data Users Conference on Tuesday. The conference aimed to deepen the interaction between data producers and users by discussing two newly released surveys—the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023–24 and the Forward-Looking Survey on Private Sector Capital Expenditure (CAPEX) Investment Intentions. The event attracted over 200 delegates, including researchers, academicians, economists, representatives from industrial associations and trade bodies, policymakers, international organisation representatives, enterprise representatives, and esteemed institutions from academia and the media. Domain experts and members of the National Statistical Commission (NSC) were also present. The conference was chaired by Dr Saurabh Garg, Secretary of MoSPI, who emphasised the Ministry's core vision of 'Data for Development.' He highlighted MoSPI's role as the largest primary data collector in India, and potentially the world, with survey sample sizes ranging from one to five lakh units. He pointed out several innovations, including the monthly release of the Periodic Labour Force Survey (PLFS) for both rural and urban areas and the forward-looking CAPEX Investment Intentions Survey, which provides insights into future private sector investment trends. Delivering the keynote address, Dr V Anantha Nageswaran, Chief Economic Advisor (CEA), Government of India, commended MoSPI for its commitment to enhancing data granularity. He asserted that a strong conviction for policy reform will be sustained by detailed data insights. He emphasised the importance of macroeconomic indicators based on the recently released reports on the ASUSE and CAPEX investment surveys. Prof. Madan M Pillutla, Dean of the Indian School of Business (ISB), expressed gratitude to MoSPI for their collaboration and emphasized the importance of such data user conferences. He discussed the significance of data collection and the tradition of regularity and reliability that has been upheld. His address also stressed the importance of research, data, capacity building, and cross-validation. Geeta Singh Rathore, Director General (NSS), MoSPI, elaborated on the significance of the data user conference for bridging the gap between data users and data. She briefly highlighted the importance and application of ASUSE and CAPEX data.

CEA bats for advancing land, labour reforms
CEA bats for advancing land, labour reforms

The Hindu

time5 days ago

  • Business
  • The Hindu

CEA bats for advancing land, labour reforms

Chief Economic Adviser V. Anantha Nageswaran on Tuesday underscored the need for India to view the crisis in global economy as an opportunity to introduce more reforms, especially land and labour. India's macroeconomic picture may be one of smooth sailing despite turbulent global waters. Yet the 'ongoing or brewing crisis' in global economy presents an opportunity to advance the cause of reforms in factor markets like land, labour and even intangible factor of production like knowledge, he told a Data User's Conference the NSO, Union Ministry of Statistics and Programme Implementation organised at the Indian School of Business here on Tuesday. Countries use crises as opportunities to surge ahead in prosperity and standards of living, said, seeking to highlight the growth opportunities emerging amid the China +1 production strategy of global firms. 'Right now, India's macro numbers paint a very promising picture. As per the Second Advanced estimates published by the National Statistics Office, the GDP real and nominal growth rates have been pegged at 6.5% and 9.9% respectively in 2024-25. This is the highest amount the major economies of the world,' he said. The conference was on the results of Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24 and the Forward-Looking Survey on Private Sector Capital Expenditure (CAPEX) Investment Intentions. Noting granular data is crucial for building conviction for policy reform, Mr. Nageswaran said the findings of the two surveys provide insights into the state of the health of the private sector. Much remains to be done from that perspective, he said, adding how 'firms don't seem to be keen on opportunistic effects, which this survey defines as investment on new business activities expected to have more profitability or scope in the future.' An indication of this is meagre share of research and development in the provisional capex per enterprise. Large enterprises ought to pursue a medium to long term thinking beyond short term profitability, he said. Secretary to MoSPI Saurabh Garg highlighted enhancements in data dissemination through an upgraded portal featuring API access, interactive visualisations and strategic collaborations with academic and global partners. The conference was aimed to foster constructive dialogue between data producers and data users, facilitating knowledge exchange and showcasing India's rigorous data collection as a foundation for transformative policy reforms, the organisers said in a release. ISB Dean Madan Pillutla said in an era of advanced analytics, integrity of data is critical for building robust predictive models and deriving actionable insights.

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