Jaypee Group donates Rs 4.22 cr to COVID-19 relief funds

Image
Press Trust of India New Delhi
Last Updated : Apr 08 2020 | 5:20 PM IST

Jaypee Group has donated Rs 3 crore to PM-CARES fund to support the fight against COVID-19.

Jaypee Group, which is into construction, real estate, power, hospital and hotel businesses, has also contributed Rs 51 lakh to Madhya Pradesh Chief Minister Relief Fund, Rs 50 lakh to Uttar Pradesh CM Relief Fund and Rs 21 lakh to Uttarakhand CM Relief Fund.

Jaypee Group firm Jaypee Infratech is undergoing insolvency proceedings.

"In the wake of the COVID-19 pandemic, Jaypee Group has collectively donated Rs 4.22 crore," Jaypee Group said in a statement.

The group is also providing essential items to labourers working on its various projects and also to people around the sites.

Last week, Aparna Constructions and Estates donated Rs 5 crore, of which Rs 2 crore was earmarked for PM-CARES Fund. Another Rs 2 crore for the Telangana CM Relief Fund and Rs 1 crore for the Andhra Pradesh CM Relief Fund.

Moreover, realtors' body CREDAI-Gujarat has donated Rs 5 crore to the Chief Minister's Relief Fund. Naredco Uttar Pradesh President R K Arora has given Rs 10 lakh to district magistrate of Gautam Buddha Nagar.

DLF Group's CSR arm DLF Foundation has donated Rs 5 crore to the Haryana CM Relief Fund and pledged to provide 27 lakh meals.

Mumbai-based Hiranandani group has donated Rs 5 crore to Maharashtra CM Relief Fund.

FDI-funded realty firm Experion Developers has donated Rs 1.85 crore to PM-CARES Fund and Rs 20 lakh to the Haryana corona relief fund.

Signature Global has contributed Rs 2 lakh to PM-CARES. Many developers including Lodha, Embassy, Prestige, Shriram Properties, Puravankara, ATS, Ace group, Arvind SmartSpaces, Salarpuria Sattva, Central Park, M3M, ABA Corp and Bhumika group are providing meals, dry rations, masks, gloves and hand sanitisers to their workers on construction sites.

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 08 2020 | 5:20 PM IST

Next Story