Corporate Social Responsibility

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

Corporates appeal to unite CSR efforts to protect vulnerable from coronavirus outbreak

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

Coronavirus Outbreak: Honda India Foundation commits Rs 11 cr for fight against COVID-19

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

Coronavirus Outbreak: Wipro, Azim Premji Foundation commit Rs 1,125 cr to tackle COVID-19 crisis

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

Coronavirus Outbreak: ONGC, IOC, other oil companies contribute over Rs 1,031 cr to PM CARES fund

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

Coronavirus Outbreak: Govt appeals to top companies for contributions to PM-CARES fund

Seeking more funds for the fight against coronavirus pandemic, the government has appealed to top corporates to make contributions to the PM-CARES Fund

State Bank of India commits 0.25% of FY20 annual profit to help fight coronavirus outbreak

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

Companies' expenditure to tackle coronavirus to be considered as CSR activity, says govt

Spending by corporates to deal with the coronavirus outbreak will be considered as CSR activity under the companies law, the government said on Monday

Govt receives 121 applications for compounding CSR-related offences

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.

Nirmala Sitharaman exhorts Corporate India to expand CSR reach to poor, North East states

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