Corporate Social-responsibility

Showing of 1 - 20 from 57 results
Corporate Social-responsibility - Total results - 57
COVID-19 impact is massive, but other social causes need CSR funding too, say NGOs
India

COVID-19 impact is massive, but other social causes need CSR funding too, say NGOs

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
India

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.

Govt amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure
Business

Govt amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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

India Innovation Index 2019: Naming and shaming of states through ranking would lead to growth, says NITI Aayog CEO Amitabh Kant
India

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.

Make CSR violations civil offence, provide tax benefits for CSR spending: Govt-constituted panel
Business

Make CSR violations civil offence, provide tax benefits for CSR spending: Govt-constituted panel

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
Business

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
Business

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
Business

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

Govt. panel looking into pros, cons of introducing an official digital currency in India
News & Analysis

Govt. panel looking into pros, cons of introducing an official digital currency in India

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
Business

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.