India's rich slow to give to charity

A huge charity gift by a high-tech tycoon has shone a harsh light on the philanthropic track record of India's established and emerging billionaires. Mr. Azim Premji announced earlier this month that he was giving US$2 billion (S$2.5 billion) to fund rural education.

In India, individuals and companies account for just 10 percent of charity funding, compared with 75 percent in the U.S.