Goodera announces 'giving' initiative in October

Goodera, a global CSR and sustainability management technology platform, has announced the launch of its 'giving' initiative.

'The Goodera Giving' platform will be available to all corporates, starting Daan Utsav 2017 (the joy of giving week festival beginning October 2) till Diwali 2017, at no cost.

"Corporate giving and volunteerism have evolved over the last decade ... we have launched this initiative as an effort towards fostering employee giving within organisations and encourage volunteerism for vital social causes," Richa Bajpai, founder and co-CEO at Goodera said.

India ranks among the top six countries in the world that spend money for charity. Through the giving initiative, Goodera is helping corporates spread the spirit of giving.

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Ruchi Soya, Patanjali join hands for edible oil distribution *Ruchi Soya Industries today said it has joined hands with Patanjali Ayurved for sales and distribution of Patanjali edible oils in large packs.

As per the agreement, Ruchi Soya would use its own distribution network to sell complete range of Patanjali edible oils in large packs across all regions of India, the company said in a statement.

The companies already have processing and packaging agreements concluded earlier this year.

"The MoU for exclusive distribution of large packs with Patanjali Ayurved is testimony to the intrinsic strength of our distribution network and successs of the manufacturing and packaging arrangement between the organisations," Ruchi Soya Industries MD and CEO Dinesh Shahra said.

The companies will be signing a detailed service agreement for an initial period of three years.

Ruchi Soya brands are available in over 10 lakh outlets across 4,000 towns in general trade in addition to modern trade outlets and institutions.

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Lanco Infratech loss widens to Rs 1.6 cr in April-June *Lanco Infratech's losses widened to 1,691.5 crore in the quarter ended on June 30 compared to Rs 127.9 crore in the year-ago period, it said in a BSE filing today.

According to the statement, the gross income of the company declined to Rs 254.7 crore in the quarter down from Rs 360 crore in the year ago period.

One of India's leading business entities, Lanco Infratech has been driving growth in the domains of engineerin g,procurement and construction (EPC), power, solar, natural re sources and infrastructure.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)