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<ul><li>On June 5, Biocon’s Executive <keyword id="9348685" type="PERSON" weightage="20" keywordseo="chairperson-kiran-mazumdar-shaw">Chairperson Kiran Mazumdar Shaw</keyword> was named as <keyword id="9348456" type="UNKNOWN" weightage="20" keywordseo="ey-world-entrepreneur-of-the-year">EY World Entrepreneur of the Year</keyword> 2020. </li><li>With this, she joined Uday Kotak of Kotak Mahindra Bank and Narayana Murthy of Infosys, who were awarded with this honour in 2014 and 2005, respectively. </li><li>She founded the India-based pharma company Biocon with merely two employees and funds worth $500. </li><li>In 2014, Biocon became the first biopharma company to be a publicly-traded entity and the second company to touch the $1 billion mark on the very first day of the listing.</li></ul>In 1978, <keyword id="55796" type="PERSON" weightage="20" keywordseo="Kiran-Mazumdar-Shaw">Kiran Mazumdar Shaw</keyword> founded the India-based pharma company Biocon with merely two employees and funds worth $500. 42 years later, Shaw has been named as <keyword id="9348684" type="UNKNOWN" weightage="20" keywordseo="ey-world-entrepreneur">EY World Entrepreneur</keyword> of the Year 2020. <div type="twitter" handle="EY_EOY" handlename="EY EOY" image="http://pbs.twimg.com/profile_images/877518155282878464/HTnSrpib_normal.jpg" favoritecount="302" retweetcount="123" status="Congratulations to @kiranshaw, Executive Chairperson of India-based @Bioconlimited who is named EY World Entreprene… https://t.co/eYxchprTNh" createdat="1591297093000" id="1268618074879438853"></div> With this, she has joined the likes of Uday Kotak of Kotak Mahindra Bank and Narayana Murthy of Infosys, who were awarded with this honour in 2014 and 2005 respectively. The virtual award ceremony was held on June 5 — and she was chosen from over 46 entrepreneurs from 41 countries. “She has built India's largest biopharmaceutical company on a foundation of compassionate capitalism and putting patient needs before profits,” Chair of the EY World Entrepreneur Of The Year judging panel <a href="https://www.prnewswire.com/in/news-releases/dr-kiran-mazumdar-shaw-from-india-named-ey-world-entrepreneur-of-the-year-tm-2020-883966722.html">said</a>. An aspiring Brewmaster who opened a bio-enzymes company <div type="image" title="eea0f7895182bcc364abaeda35e570da" msid="76208305" hostid="261"></div> Kiran, who graduated from Australia in 1975 wanted to work as a Brewmaster — a person who looks after everything that goes in the process of making a beer. Little did she know, the brewing industry — which is highly male-dominated in India — will not accept a woman in the role. But, that did not stop her. Two years down the line, she started Biocon in a rented house in Bengaluru where they produced the bio enzymes in the garage. A year of struggle and Biocon became the first such company in India that exported enzymes to other countries like the US and Europe. Years later, in 2004, she came up with <keyword id="1829392" type="COMPANY" weightage="20" keywordseo="Biocon-Foundation">Biocon Foundation</keyword> — which aims to provide healthcare and sanitation facilities and diagnosis and treatment of cancer and other non-communicable diseases to weaker sections of the society. Bicon goes public <div type="image" title="06c05f1aefb71a5e6abe2fa9b1bd87fa" msid="76208327" hostid="261"></div> In 2014, Biocon became the first biopharma company to be a publicly-traded entity and the second company to touch the $1 billion mark on the very first day of the listing. Over the years, the bio-enzymes major — which is now one of the prominent biotech giants in Asia — grew multifold to become a <a href="https://www.businessinsider.in/stock-market/news/biocon-share-price-falls-after-earnings-and-mutual-funds-stake-in-the-stock/articleshow/75754048.cms">$5 billion company</a>. Today, Biocon provides healthcare requirements like insulin for diabetes, biosimilars for those fighting cancer, arthritis and other severe diseases. The company reported revenue worth $800 million, as of FY19 and employees more than 11,000 people. In fact, Biocon has created its mark where other pharma giants are struggling and has a presence in over 120 countries. That includes fermentation-based molecules, human insulin, contract research services and more. That may be because of the affordability of the products. In September 2019, Biocon announced the supply of a special kind of insulin to middle income companies on low prices — in fact, less than a third of the current prices. Meanwhile, Shaw has been an angel investor for a lot of startups in the healthcare domain including those in areas like breast cancer screening, chemotherapy and others. In times of the global pandemic While the world is waiting with bated breath for a vaccine to treat coronavirus, Shaw believes that it will take <a href="https://www.businessinsider.in/science/health/news/biocon-chairperson-kiran-mazumdar-shaw-says-indias-covid-19-vaccines-will-enter-clinical-trial-in-9-months/articleshow/75591805.cms">at least nine months for the COVID-19 vaccine to enter clinical trials</a> in India. She also said that there will be multiple waves before the coronavirus curve flattens as community spread remains a key challenge in India. See also: <a href="https://www.businessinsider.in/business/news/mubadala-to-buy-1-85-pc-stake-in-jio-platforms-for-rs-9093-6-cr/articleshow/76205654.cms?upcache=2">Abu Dhabi's Mubadala to buy 1.85% stake in Ambani's Jio Platforms for ₹9093.6 crore</a> <a href="https://www.businessinsider.in/policy/foreign-policy/news/a-former-diplomat-explains-why-four-agreements-will-take-india-and-australia-ties-to-the-next-level/articleshow/76206931.cms">Beyond ‘khichdi’ and ‘samosa’ ⁠— a former diplomat explains why four agreements will take India and Australia ties to the next level</a>

Biocon’s Kiran Mazumdar Shaw, who debuted in the pharma industry with two employees and $500 becomes EY World Entrepreneur of the Year 2020

<ul><li>Leena Gandhi Tewari, the chairperson of USV, is a philanthropist who supports a variety of causes, including education, healthcare, and social development. </li><li>Manju D. Gupta and her family are known for their philanthropic endeavours, with a strong emphasis on education and healthcare. </li><li>Kiran Mazumdar-Shaw, the founder and chairperson of Biocon, is a dedicated philanthropist with a focus on environmental sustainability. </li></ul>Women have not only reached the pinnacle of success in their respective business ventures, they have also done their bit to give back to society. We take a look at India’s most <keyword id="19362296" type="General" weightage="20" keywordseo="generous-women" source="Orion">generous women</keyword> according to the Edelgive Hurun India Philanthropy List 2023. <cmsannotation type="cmsannotation" annotationid="Rohini Nilekani" comment="Subhead" text="Rohini Nilekani"><keyword id="36737" type="General" weightage="20" keywordseo="Rohini-Nilekani" source="Orion">Rohini Nilekani</keyword></cmsannotation> <cmsannotation type="cmsannotation" annotationid="Donation: ₹170 crore" comment="Subhead" text="Donation: ₹170 crore">Donation: ₹170 crore</cmsannotation> Rohini Nilekani is an Indian philanthropist who supports initiatives in education, water, sanitation, and civic engagement. She is the co-founder of EkStep and the Chairperson of Rohini Nilekani Philanthropies. She believes that education is the key to solving many of India's problems. She is the tenth most generous person in India, in a list that also has her husband Nandan Nilekeni at the eighth place. <cmsannotation type="cmsannotation" annotationid="Anju Aga and family" comment="Subhead" text="Anju Aga and family">Anju Aga and family</cmsannotation> <cmsannotation type="cmsannotation" annotationid="Subhead" text="Donation: ₹23 crore">Donation: ₹23 crore</cmsannotation> Anu Aga, former Chairperson of Thermax, is a prominent philanthropist and Chair of the Akanksha Foundation, an NGO providing education to underprivileged children in Mumbai and Pune. Thermax is also committed to social responsibility and sustainable energy solutions, with initiatives in education, healthcare, and environmental protection. <cmsannotation type="cmsannotation" annotationid="Leena Gandhi Tiwari Donation: ₹23 crore" comment="Subhead" text="Leena Gandhi TiwariDonation: ₹23 crore"><keyword id="19362298" type="General" weightage="20" keywordseo="leena-gandhi-tiwari" source="Orion">Leena Gandhi Tiwari</keyword> Donation: ₹23 crore</cmsannotation> Leena Gandhi Tewari, the chairperson of USV, is a philanthropist who supports a variety of causes, including education, healthcare, and social development. She is the founder of the Dr Sushila Gandhi Centre for Social Development, which provides education and training to underprivileged women and girls in Vakola, Maharashtra. <cmsannotation type="cmsannotation" annotationid="Manju D Gupta and familyDonation: ₹14 crore" comment="Subhead" text="Manju D Gupta and familyDonation: ₹14 crore">Manju D Gupta and family Donation: ₹14 crore</cmsannotation> Manju D Gupta and her family are known for their philanthropic endeavours. Their contributions span various sectors, with a strong emphasis on education and healthcare. They have established educational institutions, scholarships, and medical facilities, making quality education and healthcare accessible to many. The family has also championed social causes, supporting initiatives that empower marginalised communities. <cmsannotation type="cmsannotation" annotationid="Vembu Radha Donation: ₹14 crore" comment="Subhead" text="Vembu RadhaDonation: ₹14 crore">Vembu Radha Donation: ₹14 crore</cmsannotation> Vembu Radha, a prominent figure in the technology world, is best known for her role at Zoho Corporation. As a key executive, she has played a pivotal role in the company's growth and success. Beyond her professional achievements, Radha is a dedicated philanthropist, actively involved in various charitable initiatives. <cmsannotation type="cmsannotation" annotationid="Renu Munjal and family Donation: ₹ 9crore" comment="Subhead" text="Renu Munjal and familyDonation: ₹ 9crore">Renu Munjal and family Donation: ₹ 9crore</cmsannotation> Renu Munjal, along with her family, is renowned for their association with Hero MotoCorp, a global leader in the two-wheeler industry. Beyond their corporate success, the Munjal family has a strong focus on philanthropy. They have established numerous educational institutions and healthcare facilities, actively promoting social welfare and empowerment. Their commitment to philanthropy, particularly in the fields of education and healthcare, has transformed lives, underlining their dedication to creating a more equitable and prosperous society. <cmsannotation type="cmsannotation" annotationid="Kiran Mazumdar-Shaw Donation:: ₹ 9crore" comment="Subhead" text="Kiran Mazumdar-ShawDonation:: ₹ 9crore">Kiran Mazumdar-Shaw Donation:: ₹ 9crore</cmsannotation> Kiran Mazumdar-Shaw, the founder and chairperson of Biocon Limited, is a dedicated philanthropist with a focus on environmental sustainability. She chairs the Biocon Foundation, established in 2014, which supports eco-friendly initiatives such as renewable energy, water conservation, waste management, and environmental education. Mazumdar-Shaw strongly advocates for corporate responsibility in protecting the environment.

Meet India’s most generous women

New Delhi, Apr 20 () Non-profit body The Akshaya Patra Foundation on Monday said it has already served over 2 crore meals to vulnerable communities like migrant workers and homeless people affected due to the lockdown imposed to contain the COVID-19 outbreak. As on April 17, the Foundation has cumulatively served 2,19,44,385 meals which include 93,57,839 freshly cooked meals and 3,02,541 food relief kits (1,25,86,546 meal servings) to people in need in various locations across India, an official statement said. The relief feeding endeavour has been initiated in Andhra Pradesh, Assam, Chhattisgarh, Dadra and Nagar Haveli, Delhi and NCR, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Tripura, Uttar Pradesh and Uttarakhand. "We have been able to serve over 2 crore meals to people in need during these difficult times due to the collaborative efforts of everyone involved," The Akshaya Patra Foundation Chairman Madhu Pandi Dasa said and thanked everyone for the donation. "I sincerely hope that the situation will improve soon and people will be able to get back to their day-to-day life. Until then, we will continue our efforts to serve as many people as possible," he added. The Foundation said it is using its kitchen network to prepare the meals and deliver them to the centres assigned by the authorities. Simultaneously, packaging centres have been set up in various locations across the country where food relief kits are packed with essential groceries based on the local palate. The kits to be distributed in Bangalore, for instance, contain rice, tur dal, oil, spices, sambar and rasam powder, and vegetables which are known to have a long shelf-life, such as potatoes and pumpkins. Each kit has groceries sufficient for either 42 or 28 meals, it said. In this endeavour, the Foundation said it has been supported by proactive corporate partners and individual donors. For instance, Infosys founder N R Narayana Murthy and his family contributed Rs 10 crore from their personal funds toward Akshaya Patra's COVID-19 relief work. Their generous donation has enabled the Foundation to distribute 1.33 lakh food relief kits, which are equivalent to 55,86,000 meals, it said. Several corporate houses, such as the Biocon Foundation, Capgemini, CISCO, Coca–Cola, CLP, Deutsche Bank, DLF Foundation, Goldman Sachs, Gland Pharmaceuticals, HT Parekh Foundation, Hero Moto Corp, Infosys Foundation, LG Electronics, Morgan Stanley, Nestle India, PepsiCo Foundation, Sarojini Trust, Texas Instruments, Vedanta, Vivo, Walmart and many others, have come forward to contribute to the relief feeding endeavour. The Foundation further said it has also received in-kind support for the endeavour with General Mills (Mumbai) donating cookies and cakes for distribution in Bangalore, Hyderabad and Noida, Britannia donating around 20,000 packs of 'Good Day' biscuits to be distributed in Bangalore, and Epigamia donating 17,000 premium yoghurt cups for distribution in Bangalore and Ahmedabad. Similarly, Bollywood personalities, such as Hrithik Roshan and Raveena Tandon, have also donated to the Foundation's efforts. Also supporting the Foundation are motivated volunteers who have selflessly come forward at this hour of need. These include volunteering groups, such as Inspiring Indians and Corona Warriors, as well as corporate volunteers from organisations such as the Infosys Foundation and Biocon. LUX HRS

Akshaya Patra serves over 2 cr meals to lockdown-hit vulnerable people

New Delhi, Apr 14 () Donation platform GiveIndia on Tuesday said it has launched the 'India COVID Response Fund' (ICRF) with initial donations worth Rs 75 crore to support the on-ground COVID relief efforts being carried out by its network of verified non-profits.Some of the early donors to the fund include the Bill &amp; Melinda Gates Foundation, Google.org, HSBC India, Omidyar Network India, UBS Optimus Foundation, Marico, Uber India (through Uber Care driver fund), Binny Bansal and A.T.E. Chandra Foundation.The fund will use a data-backed approach to identify the most critical areas of intervention and scale the relief efforts pan India, a statement said.The donation platform is aiming at creation of a larger corpus that can support up to 10 million people nationally, it added."Since we started fundraising for COVID relief work on March 22, we have received donations from more than 2 lakh people globally, raised Rs 75 crores, partnered with over 40 organisations, onboarded more than 100 non-profits, and these initial efforts will impact one million people," GiveIndia Director and ICRF Advisor Govind Iyer said.However, the on-ground requirement is much larger and the fund is an open platform for all to come together and support the most critical need of the hour, he added.Other partners in the collective are CSIP (Centre for Social Impact and Philanthropy) from Ashoka University, Bridgespan, Indiaspora, Sattva, Dasra and IIFL Wealth, the statement said.An expert advisory group has been set up to guide fundraise and allocations, including Dr Devi Shetty, (Chairman, Narayana Health), Kiran Mazumdar-Shaw (Chairman, Biocon), Sanjiv Mehta (Chairman, HUL), Surendra Rosha (CEO, HSBC India), Binny Bansal (Co-founder, Flipkart), Manoj Kohli (Country Head, Softbank) and Amitabh Chaudhry (CEO, Axis Bank).Shilpa Kumar (Investment Partner, Omidyar Network India), Ingrid Srinath (Director, CSIP, Ashoka University), Arun Seth (former Chairman-BT), Amita Chauhan (Chairperson, SVP Mumbai), Shailesh Haribhakti (CA), Haigreve Khaitan (Managing Partner, Khaitan &amp; Co), V Vaidyanathan (MD &amp; CEO, IDFC First Bank), Neeraj Aggarwal (Head APAC, BCG) and Karan Bhagat (MD &amp; CEO, IIFL Wealth) are also part of the effort."ICRF will focus on preventing the spread of the coronavirus, providing humanitarian aid, supporting our health workers and enabling the COVID-hit families to rebuild their livelihoods. GiveIndia will be working with and supporting non-profits across health, disaster relief, rural livelihoods, etc including Akshaya Patra, Goonj, HelpAge India, ActionAid, Oxfam, CRY, Srijan and many others through this fund," the statement said. SR RSN RUJ

GiveIndia starts India COVID Response Fund with Rs 75 cr in initial donations

New Delhi, Feb 16 () India Inc expects tangible outcomes from US President Donald Trump's maiden visit to the world's fifth largest economy later this month, including a bilateral "mini" trade deal and higher investment commitments from American companies, industry groups said on Sunday. The two countries are negotiating a trade package to iron out certain issues and promote two-way commerce. India is demanding exemption from high duties imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic products under the Generalised System of Preferences, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and cut on import duties on some information and communication technology (ICT) products. The US has also raised concerns over high trade deficit with India. "Expectations remain high on achieving a bilateral 'mini' trade deal, which hopefully lays the foundation for a more comprehensive economic partnership. "As Indian industry enhances its investment and job creation in the US, we expect an interaction of President Trump with leading Indian companies operating in the US," Confederation of Indian Industry (CII) Director General Chandrajit Banerjee said. "Trade negotiators from India and the US have been working hard to add value to the bilateral economic engagement, leveraging on their mutual advantages. As Prime Minister Narendra Modi hosts Trump to a national reception, the two leaders would give a decisive lift to bilateral ties," Assocham Secretary General Deepak Sood said. At the invitation of Prime Minister Modi, Trump is slated to travel to India on February 24 and 25. According to sources, Trump will meet the country's top business leaders here on February 25 in a bid to push for deeper trade and business ties. A CEO's round-table will be organised to facilitate a meeting between the US President and corporate honchos in the national capital. Senior bureaucrats are also expected to attend the meeting, besides top executives from American corporations. Leaders including Reliance Industries CMD Mukesh Ambani, Bharti Airtel Chairman Sunil Bharti Mittal, Tata Sons Chairman N Chandrasekaran, Mahindra Group Chairman Anand Mahindra, Larsen and Toubro Chairman A M Naik and Biocon CMD Kiran Mazumdar Shaw are expected to attend the round-table meeting with Trump, one of the sources said, adding that the US Embassy in New Delhi is coordinating the event while the list of attendees has been shared with the White House for clearance. Research by CII shows that at least 100 Indian companies have invested nearly USD 18 billion and created over 1,13,000 jobs in the US. "There have been several recent announcements by Indian companies, that have shown the growing impact Indian investment can have on US economy and society, and we fully expect that to increase. Likewise we expect even higher investment commitments from US companies into India," Banerjee observed. "Most of the Fortune 500 US companies have an overwhelming presence in India, while leading Indian corporates in manufacturing and services have expanded their foothold across the US market. When it comes to goods, the US is finding greater market access in India, as is reflected in the trade data," Sood said. In 2018-19, India's exports to the US stood at USD 52.4 billion, while imports were USD 35.5 billion. Trade deficit dipped from USD 21.3 billion in 2017-18 to USD 16.9 billion in 2018-19. India received FDI worth USD 3.13 billion from the US in 2018-19, higher than USD 2 billion in 2017-18. RSN ABM

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Biocon’s Kiran Mazumdar Shaw, who debuted in the pharma industry with two employees and $500 becomes EY World Entrepreneur of the Year 2020

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Meet India’s most generous women

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Akshaya Patra serves over 2 cr meals to lockdown-hit vulnerable people

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GiveIndia starts India COVID Response Fund with Rs 75 cr in initial donations

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Expectations high on 'mini' trade deal during Trump's visit: India Inc

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