INDIACSR News Network NEW DELHI: From the years 2009-10 to 2013-14 (till date), 132 cases of fraud/ illegal transaction have been brought to the notice of the Ministry of Corporate Affairs. Giving this information in written reply to a question in the Rajya Sabha on 6 May Sachin Pilot, Minister of Corporate Affairs, gave details [...]
INDIACSR News Network NEW DELHI: Multi Level Marketing (MLM) Schemes involving enrollment of a vertical chain of investors/agents constitute “Money Circulation” and are banned under the Prize Chits & Money Circulation (Schemes)Banning Act, 1978 which is implemented by the States. Giving this information in written reply to a question in the Rajya Sabha, Sachin Pilot, [...]
INDIACSR News Network NEW DELHI: There is no provision for Corporate Social Responsibility (CSR) spending by companies in the existing Companies law i.e. Companies Act, 1956. However, the Companies Bill, 2012 incorporates a provision of CSR under Clause 135. Giving this information in written reply to a question in the Rajya Sabha, Sachin Pilot, Minister [...]
Corporate Affairs Minister Inaugurates ‘CSIA International Corporate Governance Conference’ INDIACSR News Network NEW DELHI: Shri Sachin Pilot, Minister of Corporate Affairs, inaugurated the two-day 2nd CSIA (Corporate Secretaries International Association) International Corporate Governance Conference on the theme ‘Corporate Governance for Sustaining Prosperity and Posterity.’ Addressing the delegates from across the world, Shri Pilot said that [...]
Please like https://www.facebook.com/indiacsrnetwork NEW DELHI: The government on Monday said at present it does not have data on money spent by companies voluntarily towards social welfare activities. The new Companies Bill, which is awaiting Rajya Sabha approval, requires certain class of firms to spend two per cent of their average profit over the last three [...]
NEW DELHI: A study on corporate social responsibility (CSR) initiatives of certain companies being done by National Foundation for Corporate Governance (NFCG) is likely to complete shortly, Corporate Affairs Minister Sachin Pilot has said. The Corporate Affairs Ministry has entrusted a study of CSR initiatives of certain companies to NFCG, which has been set up [...]
KOCHI: The profit-making private sector companies will be asked to spend a minimum of two per cent of their profits on CSR activities in the new Companies Bill, the Union Minister of State for Corporate Affairs, Sachin Pilot, has said. The Government will not be specific on what to be done, but post the activities, [...]
It doesn’t address people’s concerns about corporate activity but could drive companies to align philanthropy with their core objective Arun Maira Member, Planning Commission “This will create another set of accounts that corporations must give and the government must check, at a time when the former is pleading against excessive inspections” We should step back [...]
Mega Conference on Fly Ash Management Raipur, 17 Feb 2013 for Registration please contact rusenk@indiacsr.in Call: 9981099555 For detail information please visit: www.flyash.indiaflyash.com INIACSR News Network NEW DELHI: The Ministry of Corporate Affairs had initially identified 238 companies as vanishing companies. Out of these, names of 151 companies have since been deleted from the [...]
Sachin Pilot says the perception that India Inc is up in arms against mandatory spend on corporate social responsibility is highly misplaced. Corporate affairs minister Sachin Pilot says the perception that India Inc is up in arms against mandatory spend on corporate social responsibility is highly misplaced. Pilot, among the younger lot in the Union [...]
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