Donates Financial News

By Steven Scheer

Vedanta Ltd approved a Rs 200-crore contribution to political parties, even as the parent company is working round the clock to arrange a $1-billion payment on dollar-denominated bonds that are due in January. The board also approved reinstating the unutilised limit of Rs 57 crore — agreed in June 2022 — for making contributions to political parties. ET has reviewed the copy of the resolution passed by the board. Emails sent to Vedanta Ltd for its comments remained unanswered until the publication of this report. The limits of Rs 200 crore and Rs 57 crore contributions are valid until March 2025, the resolution copy shows. The board has approved «the contribution either directly or through electoral trust and in any form including subscription to electoral bonds». Vedanta's board resolution stated that the «chairman and the vice chairman be, and are hereby, severally authorised to decide the quantum of political contribution to be paid to individual political parties». Anil Agarwal is the non-executive chairman of Vedanta and his brother Navin Agarwal is executive vice chairman, according to the company's website. Vedanta passed the resolution on November 4, just two days before the 29th tranche of electoral bond sales was launched.

Nvidia and its employees have donated $15 million to Israeli non-profit organisations that are supporting civilians affected by Israel's war with Palestinian militant group Hamas. Thousands of employees from more than 30 countries donated a total of $5 million, which the company matched and doubled to $10 million under a special programme introduced to help those affected by the war, Nvidia said on Sunday.

₹57 crore to its alma mater as part of the silver jubilee reunion celebration. The donation is the highest by a single class.

Mastodon blog pointed out that the intention of Threads to become a part of the decentralized social web by using the same standard protocol as Mastodon, ActivityPub, was “noteworthy". A Meta blog confirmed the same, highlighting that “... we are working toward making Threads compatible with the open, interoperable social networks that we believe can shape the future of the internet".

Soboroff, who bought the New York Yankees Hall of Famer's typewriter in 2011, found the little pieces underneath the keys while cleaning it. Soboroff also unearthed childhood photos of Ernest Hemingway in the writer's 1926 Underwood Standard Portable. But greatest discovery with these machines — and others, including typewriters belonging to Maya Angelou, Tennessee Williams, John Lennon and Shirley Temple — was a historical connection to great people. «These are really hard for me to give up,» Soboroff said on a video call last week. After 20 years of assembling what may be the greatest typewriter collection in the world, Soboroff is putting all 33 of his beloved machines up for auction.

quoted the source as saying. “There have been talks held with high profile brands that didn’t lead to anything but should have done. Those brands then actively courted other members of the family." “Both Harry and Meghan often wore Dior and were at one point huge fans of the brand," the source added.

Karnataka CM Siddaramaiah and state minister Ahmed Khan saying that at a time when their party is asking for donations, the two leaders are travelling in a 'private jet'. Responding to a question on the video of himself and Karnataka minister B Z Zameer Ahmed Khan travelling on a chartered flight, Karnataka CM Siddaramaiah says, "Ask BJP people in what Prime Minister Narendra Modi travels in." The video was first posted by the Karnataka Minister Zameer Ahmad Khan himself.

Like most key financial goals such as buying a house, marriage and children’s education, one occurrence that is more than certain is the end of life. It is undoubtedly a grim reality but nothing short of a gospel truth. Some investors tend to defer their plan to write a will to a later stage. 

What better time to get a head start on a year’s worth of tax savings than with 2024 just around the corner. This is particularly true if you’re an employee, like me, who has taxes withheld from your paycheque each pay period by your employer, yet you end up with a significant tax refund the following spring.

AICC's 'Donate for Desh' crowdfunding campaign in the national capital, it said in a statement. Former Union minister and All India Congress Committee (AICC) Treasurer Ajay Maken donated Rs 1.38 lakh to officially launch the campaign in Delhi.

ANI. Meanwhile, Congress chief Mallikarjun Kharge will be holding a meeting with top party leaders today to discuss the party's strategy for the upcoming Lok Sabha polls. The meeting will be attended by Sonia Gandhi, and Rahul Gandhi and this will be the first meeting of the top Congress leadership after the party's debacle in recently held assembly elections in five states.

ANI, Sunil Kumar Pintu said, "In the meeting yesterday, big leaders of several parties had come for sharing in the alliance. But no discussion on the same could be done. Yesterday's meeting was restricted to tea and biscuits." Pointing out Congress statements that they are short on funds, JD(U) MP said, "They are seeking donations of ₹138, ₹1380 or ₹13,800.

INDIA bloc, the alliance leader and JD(U) MP Sunil Kumar Pintu on Wednesday said that the meeting was just restricted to tea and biscuits and concluded without any discussion on any serious issue. Speaking to ANI, JD(U) MP Sunil Kumar Pintu said, «In the meeting yesterday, big leaders of several parties had come for sharing in the alliance. But no discussion on the same could be done.

seat-sharing calculations continue apace in the INDIA bloc, Congress leader Bhupinder Singh Hooda on Wednesday said it remains to be seen which party claims what and on what basis in Haryana. «Let us see first who claims what, what is the basis of that claim, what are the parameters, for this we will sit and decide...otherwise we will claim all 10 (Lok Sabha) seats,» Hooda said on the pre-Lok Sabha seat-sharing scramble.

Legalized sports betting continued its expansion this year

An Italian fashion blogger-turned-businesswoman has apologized after being fined 1 million euros by Italy’s anti-trust authority for improperly communicating a charitable contribution tied to sales of a traditional Christmas cake sold with her logo

Arvind Kejriwal have proposed Mallikarjun Kharghe's name for the PM's face of the INDIA bloc. "I have proposed Congress President Mallikarjun Kharge's name. Arvind Kejriwal supported my proposal," the West Bengal CM said in a statement.

₹1.45 crores in a single day with Maharashtra leading the top five donor states list. In a post on X (formerly Twitter), Kapil Sibal said that Maharashtra donated ₹30.605 lakh, followed by Rajasthan with ₹12.981 lakh, Uttar Pradesh with ₹10.898 lakh, Delhi ₹10.589 lakh, and Karnataka ₹10.513 lakh. The Rajya Sabha MP wrote, "9 AM today Morning! Total raised: ₹1.45 Crores! A heartfelt thanks to all the donors.

A pair of rare Nike sneakers donated to an Oregon homeless shelter in Portland sold for nearly $51,000 at auction on Monday

Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections.