Tisco to donate Rs 4.5 croreTata Steel will donate Rs 2 crore for soldiers fighting in Kargil with its employees deciding to contribute their one day's wage amounting to a total Rs 1.5 crore, Tisco sources said. The company as a corporate body will contribute Rs 50 lakh and the money as well as the contribution from the workers will be sent to national defence fund, a Tisco release said.
CII to generate Rs 3 crore
Members of the Confederation of Indian Industry have committed over Rs 1.25 crore to the CII Kargil fund. The fund would essentially help to rehabilitate the victims and their families affected by the `war' in Kargil. CII said it expected to build a corpus of Rs 3 crore and with the interest generated would support and finance projects and schemes to assistrehabilitate the sufferers. The fund would be administered by a high level advisory committee headed by CII president, Rahul Bajaj.
MPT workers' contribution
Employees of the Mumbai Port Trust (MPT) have decided tocontribute a day's salary towards the relief fund for soldiers fighting in Kargil. The approximate amount of money thus collected would be about Rs 60 lakh, a statement said.
Sahara unveils `Sahara Sankalp'
The Sahara group of companies under the aegis of `Sahara Sankalp' has decided to extend financial, social, emotional and cultural security to families of the martyrs killed in the Kargil-Drass-Batalik sectors. A press release said, "Our society tend to forget the invaluable contribution of the soldiers towards the nation after a gruesome war. The objective of `Sahara Sankalp' is to help and support them for all times to come."
Railwaymen donate a day's salary
The Western Railway Employees Union has asked the authorities to recover their one day's salary for contribution to the prime minister's relief fund.
Bank of Punjab to collect funds
The Bank of Punjab has endeavoured to collect funds for the welfare of families of Kargil soldiers through its network of 50 branchesacross the country. The bank will collect cheques, DDs and payorders without any service charge.
IIIT, Bangalore to kick off operations
Indian Institute of Information Technology, Bangalore (IIIT-B) has decided to kick off operations from September 15. The institute is also planning to set up its own campus in association with infotech firms. Currently IIIT-B uses Bangalore's ITPL premises as the campus. Over a period of time, the institute is expected to be managed and operated by the infotech industry itself and the Karnataka government will play only a facilitator's role.
Agrawal elected president of VIS
Vidarbha Industries Association at its 35th annual general meeting held at Nagpur on June 26, Mohan Agrawal as its president. The association also named three vice-presidents and three joint secretaries.
Kapil Dev is S Kumars ambassador
S Kumars appointed Kapil Dev as their brand ambassador and sports consultant in Mumai on Monday. His duties as the brand ambassador andsports consultant will include modelling for the company's advertising campaign, and he will participate in the trade and consumer promotions organised by the company.
PHDCCI condoles Parvinder death
The PHD Chamber of Commerce and Industry (PHDCCI) has condoled the demise of Parvinder Singh, chairman and managing director (CMD) of Ranbaxy Laboratories. In a statement, the chambers president Ashok Khanna said Dr Singh's vision was a source of inspiration not only for his company but for the Indian industry as a whole.
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