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

 
 
 

37 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

Mutilated bear gets new lower jaw in Mexico
Mexico City, July 24 (IANS/EFE) A team of surgeons and veterinarians in Mexico implanted a titanium lower jaw in a bear that was mutilated, an official said.
 
 
Brazilian president exonerated in probe of refinery deal
Brasilia, July 24 (IANS/EFE) Brazil's federal audit tribunal has said that President Dilma Rousseff bore no responsibility for state-controlled oil giant Petrobras's ultimately disastrous acquisition of a US refinery in 2006.
 
 
Fukushima steps up efforts to freeze radioactive water
Tokyo, July 24 (IANS/EFE) The operator of the tsunami-crippled Fukushima nuclear power plant has said it will accelerate the process of freezing irradiated water in underground tunnels.
 
 
Brazilian telecom giant fined for user privacy violation
Rio de Janeiro, July 24 (IANS/EFE) Brazilian telecommunications giant Oi has been fined 3.5 million reais ($1.59 million) for violating its users' privacy, authorities said.
 
 
 

Latest from the Network

Mutilated bear gets new lower jaw in Mexico
Mexico City, July 24 (IANS/EFE) A team of surgeons and veterinarians in Mexico implanted a titanium lower jaw in a bear that was mutilated, an official said. The bear, named Invictus, underwent surgery Sunday and...
Read more on Politics Balla
 
Brazilian president exonerated in probe of refinery deal
Brasilia, July 24 (IANS/EFE) Brazil's federal audit tribunal has said that President Dilma Rousseff bore no responsibility for state-controlled oil giant Petrobras's ultimately disastrous acquisition of a US refinery...
Read more on Politics Balla
 
Frenchman Mathieu beefs up Barca defence
Madrid, July 24 (IANS) French central defender Jeremy Mathieu was all set to fly out to Peru with Valencia when the La Liga club sealed a deal with Spanish giants Barcelona, invoking the buyout clause in the 30-year-...
Read more on Sport Balla
 
Contador rules out Vuelta return
Madrid, July 24 (IANS) Spanish cyclist Alberto Cotador has confirmed that he will be forced to pull out of this year's Vuelta de Espana (Tour of Spain) cycle race as a result of the injury he suffered recently in the...
Read more on Sport Balla
 
iPhone Sales Set New Records
The iPhone is the life-force behind Apple after they announced another stellar quarter in 2014. In the third quarter, Apple sold 35.2 million iPhones, which is up 13 percent from the previous year.While that number is...
Read more on Apple Balla
 
Blake to miss rest of the season after surgery
Kingston (Jamaica), July 24 (IANS/CMC) Former world 100m champion Yohan Blake will miss the remainder of the season after undergoing surgery in Germany to repair a damaged hamstring muscle. The Jamaican sprinter...
Read more on Sport Balla
 
Can't think of anything better than coaching Germany: Loew
Berlin, July 24 (IANS) Contrary to expectations that he would retire after the World Cup triumph, Joachim Loew will see out his contract and lead Germany into the Euro 2016. This was confirmed by the coach in an...
Read more on Sport Balla
 
Dunga names Brazil's assistant coaches
Rio de Janeiro, July 24 (IANS) Brazil's new coach Dunga has named former Internacional assistant manager Andrey Lopes as his deputy. Lopes had been his assistant at Internacional during Dunga's 10-month spell at the...
Read more on Sport Balla
 
Fukushima steps up efforts to freeze radioactive water
Tokyo, July 24 (IANS/EFE) The operator of the tsunami-crippled Fukushima nuclear power plant has said it will accelerate the process of freezing irradiated water in underground tunnels. Tokyo Electric Power Company (...
Read more on Politics Balla
 
Mainz sign Filip Djuricic from Benfica on loan
Berlin, July 24 (IANS) Mainz reinforced their squad with the signing of Serbia international Filip Djuricic, the German Bundesliga club has confirmed. The 22-year-old midfielder moves from Benfica to Mainz on loan for...
Read more on Sport Balla