Financial Daily from THE HINDU group of publications
Tuesday, Mar 02, 2004

Cross Currency

Group Sites

Corporate - Society & Development

AP corporates pledge help to RDF

Our Bureau

HYDERABAD: Leading corporate houses, which include Dr Reddy's Laboratories and HSBC (India), have promised to support the Rural Development Foundation (RDF) in implementing its developmental plans.

At a fund-raising dinner hosted by the foundation at Shilparamam, Dr K Anji Reddy, Chairman of Dr Reddy's, said the foundation could always approach his company whenever it fell short of money to support their plans. "Securing donations is not as much a difficult task as getting sincere and dedicated people to work for voluntary and social organisations," a statement quoting him said.

Mr Malcom Wagget, Managing Director of HSBC (India), said that his company believed in corporate responsibility. Assuring all help, he said his bank provided scholarships to 3,500 students.

The RDF could raise Rs 24 lakh on Sunday. "We are hoping to get Rs 20-30 lakh more in the next 20 days," a foundation executive said. The foundation planned to utilise the proceeds to develop infrastructure for two rural schools.

More Stories on : Society & Development | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Reliance Energy plans to raise foreign investment limit

Ramky group to build waste management complex in Bangalore
Varun Shipping buys LPG carrier
LG India to get rid of `excess' shareholders
Reliance hikes polyester prices
Hindustan Latex bags industrial safety award
RBI to postpone implementing revised norms for audit firms
United Phosphorus buys 20% in Cropserve
Rourkela biz men acquire 59 pc in Raasi Refractories
Elegant sets up shop in Nagpur
German major Rethmann, Seaways team up for projects in India
AQUAS to sign joint venture pact with Icrisat
AP corporates pledge help to RDF
Biocon issue won't drown in IPO deluge: Mazumdar-Shaw
Satnam Overseas to diversify product range
ONGC Videsh looking to tap Latin America
L&T bullish on UAE projects
Increasing competition — GM pegs Vectra, Forester sales at 2003 level
TVS Motor sales up 4%
Honda Siel car sales rise
Ambition drives Hero Honda sales up
Bajaj Auto records higher sales
R.P. Singh new MD of Bhilai Steel Plant
Borrowing spree in the offshore turf

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line