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Spending on Profit Earning Ventures Cannot be CSR

Spending on Profit Earning Ventures Cannot be CSR

  NEW DELHI: As India Inc readies itself for mandatory social welfare spending, Corporate Affairs Minister Sachin Pilot today said money spent on activities that earn profits will be a grey area while considering it as a CSR initiative. The rules on what activities should qualify as such a CSR (Corporate Social Responsibility) initiative would […]

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SBI to Spend Rs. 141 crore on CSR

SBI to Spend Rs. 141 crore on CSR

INDIACSR News Network Mysore: The State Bank of India donated an ambulance to Sneha Kiran of Mysore Spastic Society and funds for the purchase of a Braille printer to Divya Jyothi Charitable Trust here on Monday. The keys of the ambulance were handed over by A. Krishna Kumar, Managing Director (National Banking), to society trustees […]

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Success Story on Vedanta Vidyarthi Vikash Yojna

Success Story on Vedanta Vidyarthi Vikash Yojna

The program was initiated as a part of Vedanta’s CSR program in the year 2009 to improve the quality of education and Moral standards of the Secondary school students in vernacular schools from class 8th to 10th .Vedanta introduced Vedanta Vidyarthi Vikas Yojana (VVVY) (Vedanta Student Development Scheme) in its core peripheral villages namely Bhurkamunda, […]

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Gujarat High Court Asks to Central Vigilance Commission to Probe MNC Aid to ONGC Mahila Samiti

Gujarat High Court Asks to Central Vigilance Commission to Probe MNC Aid to ONGC Mahila Samiti

Also Read : Corruption in ONGC, CSR Funds Paid to Wife INDIACSR News Network AHMEDABAD: A bench of Gujarat High Court on Monday, 22 April 2013 ordered the Central Vigilance Commission (CVC) to probe into the allegations that officials of Oil and Natural Gas commission (ONGC) had received funds from 49 contractor companies in the name […]

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Lanco Tanjore Power Bags Good Green Governance Award

Lanco Tanjore Power Bags Good Green Governance Award

INDIACSR News Network NEW DELHI:   Lanco Infratech Limited (LITL), the leading integrated infrastructure conglomerate with global footprints having business verticals viz. EPC, Power, Solar, Natural Resources and Infrastructure announced that its Lanco Tanjore Power Company Limited (LTPCL) has bagged the GOOD GREEN GOVERNANCE (G Cube) Winner prize for the year 2012. LTPCL has won this […]

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Challenges of CSR Professionals in India

Challenges of CSR Professionals in India

By Harsha Mukherjee In the recent developments of CSR, India has mandated CSR in Lok Sabha and is waiting for the Bill to be passed by the Rajya Sabha. In this process, a new economy of CSR professionals, consultants, and social ventures has cropped up. The consultants are either independent or companies or even NPOs […]

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Smile Foundation Empowers 500 Grassroots NGOs

Smile Foundation Empowers 500 Grassroots NGOs

By Rusen Kumar NEW DELHI: This year Smile Foundation is actively working to cover 500 more grassroots NGOs under the Empowering Grassroots programme, Santanu Mishra, Co Founder & Executive Trustee, Smile Foundation, said. Smile Foundation has so far built the capacities of 500 grassroots NGOs under Empowering Grassroots programme in last two years. By 2015, […]

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It is Time We Start Caring for Deprived Children: Pavan Kaushik

It is Time We Start Caring for Deprived Children: Pavan Kaushik

By Rusen Kumar UDAIPUR: “VEDANTA KHUSHI” is probably first of its kind campaign launched to sensitize people with similar minds towards care for the deprived and underprivileged children. The campaign’s focus is to inform people about the need for Nutrition – Education – Health and overall development of the deprived children who are about 50% […]

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CSR or Corporate Solar Responsibility

CSR or Corporate Solar Responsibility

By M Ramesh Corporates could fund the capital costs of rural solar schemes to make them viable. Its expansive but expensive and hogs the headlines; it could even make the nation proud. We are talking about the real ‘solar story’. It is not about the clean power it produces, but its transformative role in society. […]

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No Guidelines Issued Yet on Reporting of CSR Spending: Govt

No Guidelines Issued Yet on Reporting of CSR Spending: Govt

NEW DELHI: The government today said it has not issued any guidelines regarding reporting of spending by firms towards social welfare activities and that suitable norms would be in place after the new Companies Bill comes into force. “The Ministry has not issued any guidelines for reporting of Corporate Social Responsibility(CSR) spending by companies,” Corporate […]

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