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03-05-2011, 09:05 AM
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#1 (permalink)
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Right Off the Assembly Line
Join Date: Apr 2011
Posts: 24
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Bose donates his company to MIT
Dr. Amar Bose, founder of the company that bears his name, has given the majority of the stock of Bose Corporation to the Massachusetts Institute of Technology (MIT). The donation is in the form of non-voting shares. MIT will receive annual cash dividends on those shares when dividends are paid by Bose Corporation; MIT says it will use the money to sustain and advance its education and research mission. READ MORE HERE
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03-05-2011, 10:12 AM
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#2 (permalink)
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Super Moderator
Join Date: May 2008
Location: New Delhi
Posts: 5,550
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Re: Bose donates his company to MIT
^^
Nice find. Interesting to read. Philanthropy effort.
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03-05-2011, 10:49 AM
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#3 (permalink)
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Wise Old Owl
Join Date: Dec 2005
Location: ( 22.2° N, 88.2° E )
Posts: 1,507
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Re: Bose donates his company to MIT
Whey never thinks about of any indian university....  although he is an indian, but we know why he cant think about it.....
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03-05-2011, 10:53 AM
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#4 (permalink)
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Human Spambot
Join Date: Nov 2008
Location: Guwahati
Posts: 5,796
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Re: Bose donates his company to MIT
Nice find. Its in good hands now.
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03-05-2011, 11:53 AM
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#5 (permalink)
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Manc
Join Date: Dec 2009
Location: Bhopal / Bangalore
Posts: 834
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Re: Bose donates his company to MIT
Quote:
Originally Posted by Tech.Masti
Whey never thinks about of any indian university....  although he is an indian, but we know why he cant think about it.....
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Because in India that money will be eaten up by a new Scammer .
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03-05-2011, 12:34 PM
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#6 (permalink)
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Super Moderator
Join Date: May 2008
Location: New Delhi
Posts: 5,550
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Re: Bose donates his company to MIT
Bose is not Indian. Why would he give the money here..? Good choice for his alma mater.
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12-05-2011, 06:35 AM
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#7 (permalink)
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Wise Old Owl
Join Date: Dec 2005
Location: ( 22.2° N, 88.2° E )
Posts: 1,507
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Re: Bose donates his company to MIT
Bose is American-Bangali, Noni Gopal Bose(father) is from west bengal, read.....
Amar Bose - Wikipedia, the free encyclopedia
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12-05-2011, 09:41 AM
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#8 (permalink)
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Super Moderator
Join Date: May 2008
Location: New Delhi
Posts: 5,550
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Re: Bose donates his company to MIT
^^
By genetics he is India, but not by nationality. He has no affiliation to India, nor can we even request it.
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12-05-2011, 09:50 AM
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#9 (permalink)
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Wise Old Owl
Join Date: Dec 2005
Location: ( 22.2° N, 88.2° E )
Posts: 1,507
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Re: Bose donates his company to MIT
Quote:
Originally Posted by asingh
^^
By genetics he is India, but not by nationality. He has no affiliation to India, nor can we even request it.
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ya, thats true
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12-05-2011, 10:50 AM
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#10 (permalink)
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Make Way the LORD is Here
Join Date: Dec 2005
Location: Old Trafford - The Theatre of Dreams
Posts: 1,765
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Re: Bose donates his company to MIT
Quote:
Originally Posted by Tech.Masti
Whey never thinks about of any indian university....  although he is an indian, but we know why he cant think about it.....
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he himself has said it in an interview that he's not an indian.... and the truth is he's not... so why bother
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12-05-2011, 07:35 PM
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#11 (permalink)
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iDota
Join Date: Apr 2011
Location: Bangalore, Visakhapatnam, Abu Dhabi
Posts: 2,667
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Re: Bose donates his company to MIT
Hes an Indian American so its only natural he donated his share to MIT. I'm glad he did as the developments there help lots of people around the world both rich and poor.
Giving all that to Indian universities would have been a joke as we know how much of research is done here.
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12-05-2011, 09:26 PM
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#12 (permalink)
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Stuck in Time...
Join Date: May 2009
Location: Land of Logic
Posts: 2,278
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Re: Bose donates his company to MIT
Good article. Thanks For Sharing.
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