To upgrade infrastructure and attract international faculty, the Presidency University here has successfully raised Rs 2 crore from corporate houses and its many well-placed alumni spread all over the world.
CPI(M) on Wednesday said BJP led by Narendra Modi was getting unprecedented support from big corporates and business houses as it had given clear signals that it would serve their interests better than the Congress-led UPA if voted to power.
Corporates have changed the economics of moviemaking, says veteran filmmaker Subhash Ghai who has been making films for 35 years. He believes star fees as well as the cost of production has gone up, making most filmmakers run into losses.
Making a pitch for "transparent" corporate financing to political parties during elections, a top Tata official said any outfit needed to have a minimum of 3% seats in the Lok Sabha in order to get funds from the company.