Reliance Industries Announces Rs. 500 Crore Contribution to PM CARES Fund

coronavirus - covid 19

On March 30, 2020, Reliance Industries Ltd. (RIL) today announced a donation of Rs. 500 crore to PM CARES Fund in response to the call by the Prime Minister to support the nation’s fight against the Coronavirus onslaught. Mukesh Ambani: Shri Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, said, “We are confident that India will conquer the coronavirus crisis sooner rather than later. The entire Reliance Industries Limited team is with the nation in this hour of crisis and will do everything to win this battle against…

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Infosys Foundation Commits INR 100 Crore Towards COVID-19 Relief Efforts

Infosys - Foundation

Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced that it is committing INR 100 crore to support efforts towards fighting COVID-19 in India. The Foundation contributed half of this commitment (INR 50 crore) to the PM CARES Fund. This sum will primarily be utilized across three broad areas of support that the Foundation has prioritized: To expand hospital capacity for treatment and enable hospital stays for COVID-19 patients across India, especially ones belonging to the economically weaker sections of the society. To provide ventilators, testing kits, and…

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Axis Bank allotted 3,600 equity shares

Axis Bank

the Axis Bank has allotted 3,600 equity shares of Rs. 2/- each of the Bank on 30th March 2020, pursuant to the exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 564,33,48,668 (282,16,74,334 equity shares of Rs. 2/- each) to Rs. 564,33,55,868 (282,16,77,934 equity shares of Rs. 2/- each). On 30 March, Today Share of Axis Bank Ltd closed in NSE at Rs.368.20 as compared to the previous close of Rs. 359.75. AXISBANK Share price is approx 2.35%…

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Hero Group has pledged Rs 100 Crore TOWARDS COVID-19 RELIEF EFFORTS

Hero Motocorp group pawan munjal

The Hero Group has pledged Rs 100 Crore as an aid for the ongoing COVID-19 relief-efforts in India. Half of this sum, Rs 50 Crore, will be contributed to the PM-Cares Fund and the remaining Rs 50 crore will be spent in other relief efforts. The Hero Group has pledged Rs 100 Crore as an aid for the ongoing COVID-19 relief-efforts in India. Half of this sum, Rs 50 Crore, will be contributed to the PM-Cares Fund and the remaining Rs 50 crore will be spent in other relief efforts.…

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The Federal Bank Limited to invest Rs. 148 crores in Fedbank Financial Services Ltd

Federal Bank

The Board of directors of The Federal Bank Limited has approved an investment of Rs.148 Crores in subsidiary – Fedbank Financial Services Limited (FFSL) through a rights issue. Objective of the Rights issue is to infuse regulatory capital in the firm. This is more than 5% of the Post issue Paid-up Capital of FFSL. Fedbank Financial Services Ltd is a subsidiary of The Federal Bank Limited (Bank holds 74% stake). Shares of FEDERAL BANK LTD. was last trading in BSE at Rs.40.7 as compared to the previous close of Rs.…

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Gujarat Gas Limited appointed Shri Sandeep Daveas Company Secretary

Gujrat Gas ltd

On 30th March, Gujarat Gas Limited has approved the appointment of Shri Sandeep Dave as Company Secretary Compliance Officer and Key Managerial Personnel of the Company w.e.f. 30 March 2020. Sandeep Dave Profile: Mr. Sandeep Dave (FCS7443), Group General Manager is a fellow member of ICSI and a law graduate. He has a corporate experience of approx 20 years. He has handled various assignments of GSPC group of companies including the public issue of GSPC Group Company as a compliance officer, implementation of the corporate governance framework, the scheme of merger…

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Max Ventures and Max Specialty Films Ltd are working to prevent COVID-19

Max_Ventures_Industries-ltd

Max Ventures and Industries Limited informed the stock exchanges that in view of the Government Directives to prevent and contain the spread of Corona Virus (COVID 19), the plant of our subsidiary company Max Speciality Films Ltd. is working partially. Being a supplier to the essential industry of FMCG, we continue to operate our plants and are following the highest standards of safety protocols. The Company will continue to assess the situation and will consider full resumption of regular business operations at an appropriate time or till further orders from…

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Asian Paints ltd commited Rs. 35 crores towards Coronavirus Relief (Covid-19)

Asian Paints ltd

Asian Paints has today committed Rs. 35 crores towards the Covid-19 Relief Fund. The contribution will be made to the Central as well as other Emergency Relief State funds to combat the Covid-19 pandemic. “As a socially responsible company, Asian Paints is committed to providing necessary support towards various relief measures announced by the government to combat Covid-19,” said K.B.S. Anand, Managing Director & CEO, Asian Paints Limited. Also Read: Alkem Laboratories LTD contributes 7 Crore Rupees to the PMCARES “We will continue to work with various Government bodies to aid…

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COVID -19 crisis: Alkem Laboratories LTD contributes 7 Crore Rupyees to the PMCARES

Alkem Laboratories

In light of the current COVID -19 crisis, the Alkem Laboratories LTD has contributed INR 7 Crores to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund in support to all on-going relief efforts. Alkem salutes the efforts of the entire medical fraternity and Central & State Governments to contain the spread of COVID-19. Alkem contributes INR 7 Crores towards Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund. Alkem ensuring an uninterrupted supply of medicines and critical drugs in the market to…

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