REC contributes Rs 200 million to Armed Forces Flag Day Fund for welfare of martyrs’ families and ex-servicemen’s children

14 Jul 2025 CW Team

REC , a Maharatna CPSE under the Ministry of Power and a leading non-banking financial company, has extended a CSR grant of Rs 200 million to the Armed Forces Flag Day Fund (AFFDF). The contribution, made through REC Foundation—its CSR arm—will support the education of 16,667 children of ex-servicemen, martyrs, and war widows from the Indian Army, Navy, and Air Force.

The support was formalised through a Memorandum of Agreement signed between Shri Pradeep Fellows, Executive Director (CSR), REC Limited, and Brigadier D.S. Basera, Secretary, Kendriya Sainik Board, during a ceremony held in New Delhi.

In the last two financial years, REC Foundation has contributed a total of Rs 30 crore to the AFFDF. This latest initiative underlines REC’s enduring commitment to nation-building and social equity, particularly towards those who have made the ultimate sacrifice for the country.

Through its ongoing CSR interventions, REC continues to channel support into impactful programmes that align with national priorities, including education, welfare of armed forces personnel, and empowerment of marginalised communities.

Technology

02 Apr 2026

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 ..

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) par..

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..