Moneycontrol PRO

business

GM Rao pledges endowment for charity worth $340m

GMR's group chairman GM Rao has pledged to create an endowment worth USD 340 million in favour of the GMR Varalakshmi Foundation for charitable activities to serve the needs of the under-privileged sections of society.

first published: Mar 22, 2011 10:11 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347