With a major chunk of CSR funding having gone towards the PM-CARES Fund, there are few resources left with corporate organisations to fund new initiatives
As human rights crisis brews in Assam's tea plantations, businesses must step up to end cycle of deprivation
To make a significant impact on the human rights of Assam's tea plantation workers, businesses need to move away from the window dressing approach of corporate social responsibility (CSR) that allows them to cherry-pick issues that they wish to address. They must move to a more robust and systematic approach — one that places the protection of human rights at its core.
The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as CSR spending under the companies law
Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report
With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday
A section of India Inc on Tuesday appealed all corporate social responsibility initiatives to unite and focus efforts towards protecting the vulnerable sections of the society from the COVID-19 pandemic
Honda India Foundation, the Corporate Social Responsibility (CSR) arm of Honda group companies in India, on Wednesday pledged Rs 11 crore aid towards COVID-19 relief and prevention measures
Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation have together committed Rs 1,125 crore towards tackling the unprecedented health and humanitarian crisis arising from the COVID-19 outbreak in the country
Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC) and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister CARES Fund to help in the fight against COVID-19 pandemic
Seeking more funds for the fight against coronavirus pandemic, the government has appealed to top corporates to make contributions to the PM-CARES Fund
The country's biggest lender State Bank of India on Monday said it will provide 0.25 percent of its annual profit for 2019-20 to fight the coronavirus outbreak in India
Spending by corporates to deal with the coronavirus outbreak will be considered as CSR activity under the companies law, the government said on Monday
Under the companies law, certain classes of companies have to shell out at least two percent of the average net profits, made during the three immediately preceding financial years, towards Corporate Social Responsibility (CSR) activities.
Corporate Affairs Minister Nirmala Sitharaman on Tuesday exhorted India Inc to expand CSR reach to poor states like Jharkhand, Chattisgarh, Bihar and North East region
India Innovation Index 2019: Naming and shaming of states through ranking would lead to growth, says NITI Aayog CEO Amitabh Kant
Delhi has emerged as the best performer among the group of Union Territories and city states with a score of 42.98 – which is the best-performing state among all the Indian states taken as a whole.
A government-constituted high-level panel on Tuesday suggested making expenditure on CSR tax-deductible as well as treat non-compliance with CSR requirements a civil offence
CSR no more an act of magnanimity; no intention to criminalise any default: Corporate Affairs Secretary Injeti Srinivas
As per data available with the ministry from disclosures made by companies, more than Rs 52,000 crore has been spent from 2014-15 to 2017-18 period towards CSR activities
Penal action for violation of CSR norms: Modi govt going after asset creators as if profit-making is a crime
In contrast, Modi has strengthened the command-and-control bureaucratic structure and seems to be doubling down on Gandhian socialism as the backbone of economic policymaking
SEBI needs more funds, not less; govt move to suck out regulator funds comes amid a corporate governance crisis
The Finance Ministry's Budget proposal to suck out to the Centre's kitty a quarter of SEBI's surplus every year is against the grain because what India needs badly now is a culture of progressive corporate governance, on which SEBI has barely scratched the surface
An inter-ministerial committee has been set up to examine the issue of permitting trade in cryptocurrencies.
12-hour work day: Millions of Indians regard as normal what Alibaba chief Jack Ma asked of his employees
Today, the eight-hour work day remains elusive, particularly for Asians. An ILO study in 2018 showed that in South Asia and East Asia on an average, workers are putting in 46 hours a week.