Future Publishing Date : May 30, 2013
Interview of Aravind Sitaraman, President – Inclusive Growth, Cisco Systems…
Livemint reported that, fewer than one-third of India’s top firms file reports on their corporate responsibilities and only 16% actually have a strategy on this, KPMG found in a recent survey. The consultancy firm took a sample of India’s top 100 publicly listed companies by revenue for the survey, conducted along the same lines as [...]
NEW DELHI: The ministry of corporate affairs (MCA) has blacklisted 155,392 companies, one- fifth of the total, for violating norms. As a direct fallout, these companies, mostly based in New Delhi and Mumbai, will not be allowed to borrow from banks and financial institutions. Neither will they be able to enter new contractual agreements with [...]
The Indian economy has expanded at a rapid rate during the current decade and the corporate sector has been the biggest contributor in this growth story. A significant feature of this growth is the increasing integration of the Indian corporate economy into the global business environment. While the Ministry of Corporate Affairs is working towards [...]
NEW DELHI: The government today said it would be mandatory for corporates to disclose to shareholders whether they have made a contribution of 2 per cent of net profit toward corporate social responsibility activities. “We have made it mandatory for all corporates to disclose (CSR spend of 2 per cent to shareholders),” Minister of State [...]
NEW DELHI: It has reported that human rights violations by companies may form part of their annual reports as the ministry of corporate affairs is set to introduce norms that will require India Inc to formally recognise and comply with such rights towards all its stakeholders. A new set of guidelines being worked by [...]
Stephen FROST is one of the co-founders and an Executive Director of CSR Asia. He is also an assistant professor at the Department of Asian and International Studies at the City University of Hong Kong. He is in high demand as a speaker internationally, has consulted for numerous companies, governments and multilateral organisations, and is [...]
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