INDIACSR News Network MUMBAI: “Learning by doing”, a workshop on CSR was organized first time in India at Mumbai recently. Organized by Institute of Corporate Affairs, Ministry of Corporate Affairs, Govt. of India in partnership with New Delhi based Greentech Foundation. The Hi Power Workshop was conducted by Dr. Bhaskar Chatterjee, IAS (Retd), Director General [...]
Shankar Jaganathan, a former corporate treasurer of Wipro Ltd argues that governments asking big firms to spend money on social causes is an idea that needs to be carefully debated India is probably the first country in the world to mandate corporate social responsibility (CSR) spending by large companies. Firms with revenue of Rs.1,000 crore, [...]
Times of India reported that, in a bid to check high rates of child mortality, the Centre has decided to rope in private sector and corporate houses. Using corporate social responsibility as a tool to save children, the government is looking forward to commitment from the private sector for use of technology and innovations to [...]
By Manish Sabharwal Creating jobs is the hardest thing anyone can do in India. And that is why it is patronising at best and ignorant at worst when civil society or policymakers berate entrepreneurs or companies for only creating jobs. This thought world underlies the mandatory 2 per cent corporate social responsibility (CSR) allocation proposed [...]
At a time when the government is trying to make a mandate on CSR (corporate social responsibility) spending by companies in the private sector, there is an obvious presumption that public sector undertakings (PSUs) are doing well on that count. Actually, they are not. But then PSUs cannot be faulted for want of motivation or [...]
INDIACSR Bureau NEW DELHI: Jubilant FoodWorks Limited (JFL) / Domino’s Pizza with an aim to support the United Nations Action for the Decade of Road Safety took a country-wide joint initiative with the Traffic Police authorities in the first week of January, 2013 (1-6 January,2013) in various cities like; Delhi, Kolkata, Chennai, Ahmedabad, Pune and [...]
CSR is called ‘Strategic CSR’ when it is treated as a part of an effective corporate strategy to meet the company’s financial and non-financial goals. By Vaishali Shah There is a lot of anticipation around the new Companies Bill which mandates 2% of the net profit of a company, to be spent towards Corporate Social [...]
By Ritesh Garg India, being a developing country, could certainly be traced as one of the fastest growing economies of the world. It has remained vaguely unaffected from the global incidents and economic drench that drew the countries of the world during 2008 slowdown/ global meltdown. Even in this period of economic deceleration, India has [...]
INDIACSR News Network The Companies Act 1956 is all set to be replaced by the Companies Bill 2012 which was passed by the Lok Sabha on 18th December 2012. Here are new provision added in the Company Bill 2012: 1. Inclusion of whole-time director in the definition of ‘key managerial personnel’. 2. The term ‘private [...]
NEW DELHI: New corporate social responsibility (CSR) guidelines for public sector companies emphasize on ethics and sustainability rather than on financing external projects, according to a draft paper posted on the department of public enterprises’ (DPE) website. The department will on Monday issue final revised guidelines that will be applicable from the next fiscal year, [...]
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