Cochin Shipyard's P&M remains safe
Cochin Shipyard announced that as the flood situation remains alarming in Kerala much of downtown Kochi including Cochin Shipyard have been unaffected. The company's plant and machinery remained safe and did not suffer adverse impact of the inclement weather.Cochin Shipyard also contributed its might for the extensive relief work which is proceeding on war-footing to save those who are caught up in the present situation. As an immediate measure, the company will be contributing Rs. 1 crore towards the Chief Minister's relief fund under the company's CSR fund. Apart from this, all employees have contributed their one day's salary and all executives have contributed two day's salary for the rehabilitation of the flood victims. The company is also rendering full support to relief camps by way of supplying essentials like prepared food, provisions, personal effects etc.
The company will be considering further support towards rehabilitation in the due course.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
