REC Commits Rs 29.2 million Under CSR

02 Jan 2025 CW Team

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the Indo-Tibetan Border Police (ITBP) as part of its Corporate Social Responsibility (CSR) initiative. Under this partnership, REC has committed Rs 29.2 million to procure medical equipment for ITBP field hospitals across Leh (2), Narayanpur in Chhattisgarh (1), Itanagar in Arunachal Pradesh (1), Dehradun in Uttarakhand (1), and Lucknow in Uttar Pradesh (1). This initiative, implemented by REC Foundation, aims to benefit ITBP personnel, their families, dependents, Ex-CAPF members, and civilians in these regions.

The agreement was signed on December 30, 2024, by Shri Pradeep Fellows, Executive Director (CSR), REC, and Shri S.C. Mamgain, Inspector General (Admin), ITBP. Speaking at the event, Shri Pradeep Fellows emphasised the initiative’s impact: “By addressing the unique healthcare needs of these regions, we are supporting the brave ITBP personnel while fostering healthier, more resilient communities. This initiative reflects our commitment to enhancing lives in remote and underserved areas, ensuring meaningful differences in healthcare access and well-being.”

The advanced medical equipment will strengthen healthcare delivery at these field hospitals, enabling quicker diagnostics, improved patient care, and timely medical interventions. It is especially crucial in high-altitude regions and Naxalite-affected areas.

Over 1.5 lakh ITBP personnel and civilians are expected to benefit from these upgrades, which will reduce patient wait times, enhance critical care, and ensure uninterrupted medical services. By providing quality healthcare, the initiative aims to bring peace of mind and better health outcomes to those living in challenging environments.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..