Entries posted on “October, 2011”
Ma Foi Foundation call for nominations for the Disha Young Achiever Award 2011

Ma Foi Foundation call for nominations for the Disha Young Achiever Award 2011

CHENNAI: The Ma Foi Foundation, the CSR arm of Ma Foi Randstad, is inviting nominations for the ‘DISHA Young Achievers Award, 2011′. The DISHA Award for Young Achievers aims at encouraging and recognising the youngsters from the disadvantaged backgrounds, who have achieved excellence in academic, sports, arts, or community services, against all odds. The presentation […]

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Wockhardt Foundation & Welspun join hands to launch Mobile Medical Unit in Mumbai

Wockhardt Foundation & Welspun join hands to launch Mobile Medical Unit in Mumbai

MUMBAI: Wockhardt Foundation has entered into a strategic alliance with Welspun to jointly launch Mobile Health Reach, a healthcare programme in Mumbai. Flagging off the mobile healthcare unit launched the initiative in Lower Parel, Mumbai. Dipali Goenka, Director, Welspun India Limited announced the official launch of Mobile Medical Unit during the flag-off ceremony; she was […]

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CSR of Vedanta: Rural women prove their mettle !

CSR of Vedanta: Rural women prove their mettle !

JHARSUGUDA: There was a time when women in remote rural areas considered themselves dependent and incapable of becoming an entrepreneur to supplement the family income. Sabita Karali, a resident of Katikela village near Jharsuguda in Orissa, began to live her dream with a readiness to experiment and learn from life’s practices. Through sheer will power […]

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Legal heat on profitable firms likely over CSR gap

Legal heat on profitable firms likely over CSR gap

NEW DELHI: Profitable companies that do not spend 2% or more of their profits on corporate social responsibility (CSR) activities would be required to explain the reasons for not being able to do so, even though the government has not decided to make it mandatory for them to spend on philanthropic programmes. “We have not […]

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India Govt favour of corporate governance index

India Govt favour of corporate governance index

KOLKATA: The Ministry of Corporate Affairs (MCA) today said it was in favour of introducing a corporate governance index that would offer rankings to companies adopting governance standards. “I would like to introduce a corporate governance index and am working on an award scheme for corporates,” Corporate Affairs Minister Veerappa Moily said. The index would […]

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Maruti’s market share dips to 41%, lowest in a decade

Maruti’s market share dips to 41%, lowest in a decade

NEW DELHI: Thanks to the ongoing impasse at its Manesar plant, Maruti’s marketshare in the Indian car market has fallen to 41% in the last three months, the lowest for a quarter in a decade, and a 7 percentage point drop over the last year. With the unrest directly impacting the fortunes of the Swift, […]

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Legal Heat on Profitable Firms Likely Over CSR Gap

NEW DELHI  : Profitable companies that do not spend 2% or more of their profits on corporate social responsibility (CSR) activities would be required to explain the reasons for not being able to do so, even though the government has not decided to make it mandatory for them to spend on philanthropic  programmes. “We have […]

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Naveen Jindal, JSPL gift Rs 12.25 crore to University of Texas

Naveen Jindal, JSPL gift Rs 12.25 crore to University of Texas

NEW DELHI: Industrialist and parliamentarian Naveen Jindal and his flagship company JSPL have gifted USD 2.5 million (about Rs 12.25 crore) to his alma mater, the University of Texas at Dallas, following which the US university has renamed its school of management after him. Mr. Jindal, a 1992 batch MBA alumnus of the University of […]

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India has the 12th largest HNI club

India has the 12th largest HNI club

NEW YORK & PARIS: India’s high net worth individuals’ wealth grew by 22% in 2009-10 to $582 billion compared to $477 billion in 2008-09, a 2011 Asia-Pacific Wealth report by Merrill Lynch Global Wealth Management and Capgemini said. According to the report, India’s population of high net worth individuals increased their exposure to equities, real […]

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Corporate Governance in India – Past, Present & Future by Sonali Soni: Top Prize winning article

Corporate Governance in India – Past, Present & Future by Sonali Soni: Top Prize winning article

By Sonali Soni (Sonali Soni, 3rd year Student of Chanakya National Law University, Patna, is top prize winner of  “INDIACSR Essay Writing Competition on Corporate Governance in India”. (EWC-2010). Here is the article: CHAPTER I: INTRODUCTION Corporate governance is concerned with set of principles, ethics, values, morals, rules regulations, & procedures etc. Corporate governance establishes […]

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