Pune: Finolex Cables donated Rs 50 lakh to Sakal India Foundation (SIF) which is nearing its diamond jubilee this year. SIF helps promising students to pursue their higher studies or carry out research in foreign countries by giving them scholarships.
Every year, SIF gives scholarships worth Rs 60,000 on no interest loan policy to the students. The foundation aims to increase the scholarship amount to Rs 1 lakh from 2019-20. The foundation had appealed the philanthropists from the society to contribute towards the foundation.