Category Archives: Financial News

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Bill Gates’ Foundation Donates $500,000 to Tuition-Free University

University of the People (UoPeople), the world’s first tuition-free, non-profit online university currently seeking accreditation, announced that they received a $500,000 donation from the Bill & Melinda Gates Foundation. Announcement of this grant follows other donations from the Ewing Marion Kauffman Foundation, Intel Foundation and William & Flora Hewlett Foundation.

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Coca-Cola Upgrades Investment Plans for India

Atlanta, Georgia based multinational soft drink giant Coca-Cola and its local bottlers said Tuesday that they plan to invest $ 5 billion in India by 2020, approximately 3 billion more than the company had originally planned.  This expansion strategy and investment is targeted as a result of consistent growth the company has seen in India over the past five years.