The donation will be "used to fund the creation of a state-of-the-art Centre of Innovation," BITS Pilani said in a statement.
The company has now initiated a formal process to appoint Kapoor's successor, it said in a statement. RB product portfolio includes Dettol, Durex and Lysol.
The United Kingdom will need to find stability in terms of trade ties in case Brexit happens formally, feels Rakesh Kapoor, CEO, Reckitt Benckiser.
New launches are going to play a big role in Reckitt Benckiser's growth and the company is betting big on the government's Swachh Bharat programme.
Narendra Modi's initiatives to boost the state of cleanliness in the country as well to encourage manufacturing fits in with Reckitt Benckiser India's goals, its global CEO Rakesh Kapoor says.
With developed markets slowing down, British consumer giant Reckitt Benckiser is doing what many others are—concentrating on emerging markets instead.