Entries posted on “December, 2011”
New Companies Bill in India

New Companies Bill in India

INDIACSR News Network NEW DELHI: The Companies Bill ,2011 was prepared by the Ministry of Corporate affairs after getting inputs from various industry chambers among others. This has been approved by the Cabinet on 24-11-2011 and the Bill has been introduced in the Parliament and tabled in the Lok Sabha on 14.12.2011 Union Corporate Affairs […]

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Enforcement mechanism against Corporate Frauds in India

Enforcement mechanism against Corporate Frauds in India

INDIACSR News Network NEW DELHI: Strengthening of enforce mechanism to deal with corporate frauds is an evolving process as aspects of fraud touch upon many jurisdictions. Based on the experience gained over the experience gained over the years, the existing provisions regarding inspection, enquiry and investigation are proposed to be strengthened in the Companies Bill […]

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Govt mulls new corporate governance guidelines

Govt mulls new corporate governance guidelines

NEW DELHI: The government is considering issuing new corporate governance guidelines by including good practices like tax compliance, to companies for voluntary adoption, Corporate Affairs Minister M Veerappa Moily said today. He said during Question Hour in Rajya Sabha that the Voluntary Guidelines for good corporate governance were old as they were issued in 2009 […]

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JSPL Raigarh organizes workshop on ‘Nasha Mukti’ under CSR

JSPL Raigarh organizes workshop on ‘Nasha Mukti’ under CSR

INDIACSR News Network RAIGARH: Jindal Steel & Power Ltd organised a training workshop on “Nasha Mukti” at Raigarh under its Corporate Social Responsibility (CSR). Training workshop conducted during From 15 -16 Dec 2011 at Multipurpose hall, Guest House, JSPL. “63 Participants from different departments of Jindal Steel & Power Ltd and Jindal Power Ltd attended […]

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New provisions mandating Corporate Social Responsibility

New provisions mandating Corporate Social Responsibility

The Companies Bill of 2009 and the latest Companies Bill of 2011 mandate that companies falling in a certain category allocate at least 2 per cent of their average profits over the previous three years to corporate social responsibility initiatives. These initiatives include eradicating extreme hunger and poverty; promotion of education; promoting gender equality and […]

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Balmer Lawrie to give travel and tourism training to 100 girls under CSR

Balmer Lawrie to give travel and tourism training to 100 girls under CSR

INDIACSR News Network PUNE: Balmer Lawrie and Co Ltd, a PSU under the Ministry of Petroleum and Natural Gas, Govt of India,  launched a Corporate Social Responsibility (CSR) initiative in collaboration with IATA Training and Development  institute and Trade-Wings Institute of Management in Pune. The programme was inaugurated by P P Sahoo, Executive Director, HR, […]

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Companies Bill, 2011: CSR

Companies Bill, 2011: CSR

By V. Umakanth It is believed that the treatment of corporate social responsibility (CSR) was one of the key sticking points that delayed the Companies Bill, 2011. Now that there is some clarity, it would be useful to examine the relevant provisions. Clause 135 read with Schedule VII of the Bill deal with the concept […]

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Hindalco Organizes Mega Health Camp at Hirakud under CSR

Hindalco Organizes Mega Health Camp at Hirakud under CSR

INDIACSR News Network HIARKUD: As a part of its Corporate Social Responsibility (CSR) programme, a day long Mega Health Camp was organized by Hindalco Industries Ltd – FRP today at Jamda UP school, Hirakud. The camp was aimed at treating and providing medical attention to inhabitants of Plant peripheral area besides an open invitation to […]

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Emerging service of CSR Consultants

Emerging service of CSR Consultants

By Harsha Mukherjee The most talked about topic in Indian Industry with string of names coined on it: Coporate Social Responsibility(CSR), Responsible Business, Corporate Social Value (CSV) creation. It has been said that we are practising CSR since an age, but really do we interpret the term at an international level or are confined to […]

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A major snag in ‘Tribal Communities’ growth and development

A major snag in ‘Tribal Communities’ growth and development

By Sushant Kumar Pandey Although drawing attention to socio -economic dimensions of left-wing extremism affected regions in the country a copiousness of reasons could be cited without any scrutiny as Poverty, lack of access to forest resource, Education, Unemployment and other deprivations, but as far as my concern Tribal land alienation has been exploited by […]

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