Arcil pledges Rs 1.5 crore to PM-Cares Fund

Image
Press Trust of India Mumbai
Last Updated : Apr 01 2020 | 12:36 PM IST

The country's oldest asset reconstruction firm Arcil on Wednesday said it has committed Rs 1.5 crore to support the fight against novel coronavirus pandemic.

It has donated Rs one crore to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-Cares Fund), and has given Rs 25 lakh to the CM relief fund-Covid 19 for Maharashtra, the company said in a statement.

It further said Rs 25 lakh will be parked for future preventive measures to contain the virus spread.

The company's employees will also donate voluntarily to PM Cares Fund.

The PM Cares Fund was set up on March 28 to raise money for combating coronavirus outbreak and to provide relief to the affected.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 01 2020 | 12:36 PM IST

Next Story