Kiran Shaw, Nayar, Screwvala among Indians on Forbes givers’ list | business | Hindustan Times
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Kiran Shaw, Nayar, Screwvala among Indians on Forbes givers’ list

Four Indian business leaders — Kiran Mazumdar-Shaw, PNC Menon, Vineet Nayar and Ronnie Screwvala — have figured in this year Forbes’ list of Asia-Pacific’s most remarkable “givers”.

business Updated: May 30, 2013 21:33 IST

Four Indian business leaders — Kiran Mazumdar-Shaw, PNC Menon, Vineet Nayar and Ronnie Screwvala — have figured in this year Forbes’ list of Asia-Pacific’s most remarkable “givers”.

The annual list of Heroes of Philanthropy, compiled by Forbes Asia magazine, features 48 people from the the Asia-Pacific region, including China, Singapore, Hong Kong and Indonesia.

The magazine listed Indian biotechnology major Biocon’s founder and chief Kiran Mazumdar-Shaw as one of “the most notable givers”. Shaw has been working to improve cancer care and has pledged to give away 75% of her wealth to charity.

Other Indians on the list included realty major Sobha Developers’ chairman emeritus PNC Menon, who plans to give away half his estimated $435 million fortune through his family’s charitable arm — Sri Kurumba Trust.

HCL Technologies vice chairman Vineet Nayar sold shares in the outsourcing firm for $24 million last year and the proceeds went mostly to his charity Sampark.

Entertainment mogul Ronnie Screwvala, co-founder of the UTV Group and Walt Disney’s India managing director, also plans to spend $180 million to uplift 1 million villagers in Maharashtra.