CorporateCorner – February 2024

Listen to this article

Sunil Wadhwani donates Rs 110 crore to IITM

Sunil WadhwaniSunil Wadhwani, an IIT Madras alumnus and the Co-founder of IGATE and Mastech Digital, gifted Rs 110 crore, one of the largest gifts given by an alumnus to create a school at an educational institution in India. Wadhwani School of Data Science and AI aims to be among the top AI-focused schools worldwide and also share insights with the government on policy areas. This new school will integrate core and fundamental research with application research in the areas of healthcare, agriculture, smart cities and transportation, financial analytics, manufacturing, energy and environment, defence, education and systems biology.

Wadhwani said, “AI and social impact are close to my heart and it’s my honour to be contributing to my alma mater. With the advancements in science and technology, India holds immense potential and can be a world leader in AI and allied sciences.”

Admissions will commence in July 2024. The school will also run a Joint MSc in data science and AI with the University of Birmingham, UK, and an international interdisciplinary masters programme.

Highlighting the importance of a strong working relationship between premier institutions and their alumni and corporate partners, Kaviraj Nair, CEO, Office of Institutional Advancement said, “alumni giving to research endowments is like planting seeds of knowledge that bear fruit for the entire world. Through such support, our alumni not only honour our past but also invest in our future.”

Latest

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Newsletter

Don't miss

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...

Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity Shares aggregating up to Rs 3,750 crore, with no Offer for Sale (OFS) component. Sembcorp proposes...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and infrastructure experts, along with key stakeholders from across India’s construction sector. The conference will focus...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across the globe. However, how much stake  Bodhi Tree will take was not disclosed. A2B has a...