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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.

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

Time of India

time3 days ago

  • Business
  • Time of India

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

ISB gets 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 had 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-storeyed 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, ISB Executive Board member Pramath Raj Sinha. Terming education as a transformational force, Motilal Oswal the foundation has 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, which was set up in 2011, saw both the founders of Motilal Oswal Group pledge 10% equity stake of their personal holdings in the group company for philanthropy. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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.

Centre for Innovation & Entrepreneurship to be set up at NIT Raipur with Rs 71 crore investment
Centre for Innovation & Entrepreneurship to be set up at NIT Raipur with Rs 71 crore investment

Time of India

time30-04-2025

  • Business
  • Time of India

Centre for Innovation & Entrepreneurship to be set up at NIT Raipur with Rs 71 crore investment

NIT Raipur has secured a substantial Rs 71 crore endowment from Raamdeo Agrawal of the Motilal Oswal Foundation to establish the Centre of Excellence for Innovation and Entrepreneurship in Engineering & Technology (CoE-IEET). RAIPUR: National Institute of Technology (NIT) Raipur has received an endowment of Rs 71 crore towards the establishment of the Centre of Excellence for Innovation and Entrepreneurship in Engineering & Technology ( CoE-IEET ). The ambitious project is envisioned to transform NIT Raipur into a national hub for innovation and entrepreneurship, with the potential to drive economic development and nurture future-ready talent across the country. Raamdeo Agrawal , chairman of the Motilal Oswal Foundation and a native of Chhattisgarh , has committed this generous contribution. The proposal for CoE-IEET was prepared under the leadership of Dr Suresh K Haware, Chairman of the Board of Governors, NIT Raipur; Prof. N. V. Ramana Rao, Director of NIT Raipur; Raipur Collector Dr. Gaurav Kumar Singh; and Abinash Mishra, IAS. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo It was presented on April 4, 2025, in Mumbai by Prof Samir Bajpai, Head of the Career Development Centre, and others from NIT Raipur. The proposal received an enthusiastic response from the foundation chairman, along with director Vedika Agrawal and CEO Maharshi Vaishnav. The initiative is a result of a tripartite collaboration between the Foundation, NIT Raipur, and the Government of Chhattisgarh. Raipur Collector and Dhamtari Collector Abinash Mishra both played a pivotal role in supporting the proposal since its early stages. The groundwork for the collaboration was laid during Agrawal's visit to NIT Raipur on November 3, 2024. Despite his global achievements, Agrawal has maintained a strong connection to his roots. His philanthropic gesture reflects not only a strategic vision for nation-building but also a deep sense of gratitude toward his home state. The upcoming CoE-IEET is designed to become a world-class hub for research, innovation, and entrepreneurship. It will focus on sectors crucial to Chhattisgarh's economy, including mining, iron and steel, power, and process industries, while fostering cutting-edge talent and enabling industrial transformation. Prof Ramana Rao said, 'We are proud that Agrawal, the son of Chhattisgarh, has chosen to invest in the future of his homeland. His extraordinary contribution will empower a new generation of innovators, entrepreneurs, and leaders who will shape the future of both Chhattisgarh and India'. Dhamtari Collector Abinash Mishra remarked, 'This initiative marks a significant step toward nurturing a self-reliant and innovation-driven Chhattisgarh. We are committed to facilitating such transformative collaborations in alignment with the state's vision of inclusive and sustainable development'.

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