Lodha Philanthropy Foundation to be significant shareholder of Macrotech Developers

Quick Summary:

This move will support national and social upliftment, including female workforce participation, mathematical research, and scholarships for Indian students.

Lodha Group is transferring a substantial shareholding in Macrotech Developers to Lodha Philanthropy Foundation with an initial Rs 20,000 crore.

Abhishek Lodha cites Tata Trusts' legacy as inspiration for this initiative.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: Social upliftment Lodha Group Philanthropy Business news Lodha Philanthropy Foundation Tata Trusts Macrotech Developers Real estate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 19:11:39 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23329988

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 13 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions