360° Coverage : Indian American couple gifts $12 mn to US varsity

1 Updates
Indian American couple gifts $12 mn to US varsity
Photo Credit: , Getty Images

Indian American couple gifts $12 mn to US varsity

Oct 31 2013, 9:42am CDT | by IANS

Washington, Oct 31 (IANS) An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction of a new academic building.

Washington, Oct 31 — An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction...

Filed under: news

YouTube Videos

 
 
 

47 weeks ago

Indian American couple gifts $12 mn to US varsity

Oct 31 2013, 9:42am CDT | by IANS

Washington, Oct 31 (IANS) An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction of a new academic building.

Washington, Oct 31 — An Indian-American entrepreneur couple has gifted $12 million to the University of Dallas, the single largest donation in the university's 57-year history, to fund construction of a new academic building.

The new building, slated to open in the autumn of 2015, will house the Satish & Yasmin Gupta College of Business named after the donors who are both graduates of the university's MBA programme.

"The University of Dallas inspired not only our careers, but our lives, and we hope this new College of Business will inspire business students who come to UD from all over the world," said Satish Gupta.

"Our dream is for the College of Business to become a global meeting ground for diversity and understanding among all cultures," said Yasmin Gupta.

"We hope it empowers students to become leaders who go forth into the world and build stronger communities."

"We are indebted to the University of Dallas," Gupta told Dallas News. "This was a new home for us. It was a tremendous moment in our life coming from India to a different country. But the university embraced us so well. My wife and I have wonderful memories attached to the university."

In 1981, while still a business graduate student at the university, Satish Gupta founded SB International, Inc., a privately-held global steel company headquartered in Dallas. Gupta serves as president and CEO of the company, and his wife is executive vice president.

"The Guptas set a tremendous example for our business students both in the drive and ingenuity they personify as entrepreneurs, and in their commitment to philanthropy and social responsibility," said university president Thomas W. Keefe.

The Guptas, who live in Dallas, are involved in various business and community efforts across North Texas, particularly among the Indian community. Satish Gupta started the area's popular Diwali event to celebrate the Indian festival of lights.

IANS

Source: IANS

 
 

blog comments powered by Disqus

Latest stories

Lesotho mediation efforts to continue
Cape Town, Sep 30 (IANS) South African Deputy President Cyril Ramaphosa will undertake a third visit to Lesotho Tuesday to mediate the political crisis in the country, it was announced Monday.
 
 
Algeria's tourism takes a hit after guide's beheading
Algiers, Sep 30 (IANS) Last week's beheading of a French mountain guide in Algeria has hit the tourism sector of the north African country, over a thousand tourists cancelling their bookings.
 
 
NASA app teaches kids about rocket launches
New York, Sep 30 (IANS) The US space agency NASA has launched a new app to make children aware of how rockets are launched.
 
 
Hong Kong chief executive urges protest stoppage
Hong Kong, Sep 30 (IANS) Hong Kong Chief Executive C.Y. Leung Tuesday urged the people to end the on-going protest over the issue of Hong Kong's constitutional development.
 
 
 

Latest from the Network

Lesotho mediation efforts to continue
Cape Town, Sep 30 (IANS) South African Deputy President Cyril Ramaphosa will undertake a third visit to Lesotho Tuesday to mediate the political crisis in the country, it was announced Monday. During the visit,...
Read more on Politics Balla
 
Algeria's tourism takes a hit after guide's beheading
Algiers, Sep 30 (IANS) Last week's beheading of a French mountain guide in Algeria has hit the tourism sector of the north African country, over a thousand tourists cancelling their bookings. Kidnapped Sep 21 in Tizi...
Read more on Politics Balla
 
New frontier for heart failure treatment
Toronto, Sep 30 (IANS) Opening new avenues for the treatment of heart failure, a research has found how the function of a key cardiac protein changes in the case of heart failure. Since 1976, researchers have known...
Read more on Business Balla
 
Alcohol can disrupt sleep even after quitting
New York, Sep 30 (IANS) Chronic alcohol exposure can lead to disruptions in the sleep cycle, not just when one actively drinks but even years after one stops drinking. Individuals with alcohol use disorder frequently...
Read more on Business Balla
 
NASA app teaches kids about rocket launches
New York, Sep 30 (IANS) The US space agency NASA has launched a new app to make children aware of how rockets are launched. The free app called "LSP Activity Book" lets kids learn about the mission planning process...
Read more on Politics Balla
 
Hong Kong chief executive urges protest stoppage
Hong Kong, Sep 30 (IANS) Hong Kong Chief Executive C.Y. Leung Tuesday urged the people to end the on-going protest over the issue of Hong Kong's constitutional development. Protests have been taking place in various...
Read more on Politics Balla
 
Elizabeth Banks joins 'Magic Mike XXL'
Elizabeth Banks has joined the cast of 'Magic Mike XXL'. 'The Hunger Games' star' has signed up to appear alongside newly announced cast mates Jada Pinkett Smith and Andie MacDowell in the stripper comedy sequel, though...
Read more on Movie Balla
 
Angelina Jolie buys £2million watch for Brad Pitt
Angelina Jolie has given Brad Pitt a rare £2 million watch as a wedding present. The 'Maleficent' actress has splashed out on the expensive gift - a 1952 Patek Philippe platinum chronometer - which has been inscribed...
Read more on Celebrity Balla
 
Phil Collins reveals extent of drink troubles
Phil Collins used to drink wine at 11am and struggled to get out of bed in the morning. The 63-year-old musician - who has a personal fortune estimated to be worth £120 million and has won seven Grammy awards - insists...
Read more on Celebrity Balla
 
George Clooney feels 'pretty great' after wedding
George Clooney feels ''pretty damn great'' after marrying Amal Alamuddin. The 53-year-old star gushed he is ''looking forward to everything'' in his life after tying the knot to the 36-year-old lawyer in Venice, Italy...
Read more on Celebrity Balla