GMR donates 1,540 crore for charity

The GMR Group Chairman, GM Rao has pledged his irrevocable commitment to create an endowment worth Rs 1,540 crore in favour of the GMR Varalakshmi Foundation, for charitable activities to serve the needs of the under-served sections of society.

The foundation has presence in 22 locations in India and abroad.

Announcing this Rao said, “From my initial years in business, I have always believed that we have a responsibility to give back to the society in which we thrive and we owe our success to.”

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