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CSR COMMITTEE
NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green lightNSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. T...- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
- Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
- Cabinet clears Rs 26,069 crore Kamala hydro project to boost clean power in ArunachalA major hydropower project, the Kamala HEP, has received a significant investment of over Rs 26,000 crore. This 1720 MW project in Arunacha...
- Bill to amend laws governing companies and LLPs introduced in Lok SabhaAn innovative proposal is on the table aimed at transforming business operations in India. This bill introduces simplified guidelines for s...
- Government introduces bill to amend companies, LLP laws; proposes changes in CSR normsThe government has proposed significant amendments to company and LLP laws to boost ease of doing business. Key changes include decriminali...
- Govt amends rules governing corporate social responsibilityUnder the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profi...
- Government won’t go ahead with new CSR rulesDecision follows suggestions by a panel which wants breaches to be treated as civil offences, backs penalties
- Govt does not micro manage CSR activities under cos law: Piyush GoyalAs per the law, a company has to constitute a CSR committee of its board and that would decide on the activities to be taken up.
- CSR: 4,195 companies spend nothing; show cause notices to 496 firmsThe reasons for not spending included cos not finding suitable implementing agency, delay in formation of CSR committee and inability to fo...
- Penalise firms not spending 2% of profits on CSR: Parliamentary PanelA Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2 per cent of their n...
- Economic Times CSR Compendium: Ministers urge India Inc to help NGO effortsSuresh Prabhu said that if the management of India Inc and commitment of social activists were pooled, it could truly transform the social ...
- Promotion of certain sports activities is CSR: GovernmentSitharaman said that the companies "are at a preliminary stage of undertaking CSR activities like setting up of CSR Committees.
- Government notifies rules for CSR activitiesVarious activities aimed at reducing inequalities faced by socially and economically backward groups have been included.
- Parliamentary panel asks government to ensure mandatory CSR spend by private firmsThe Committee has also expressed unhappiness on Steel Ministry's reply to it that so far there is no provision of CSR activities by private...
- Parliamentary panel for action against CIL officials for CSR fundsDismayed that world's largest coal miner CIL could spend barely 15 % of the funds earmarked for CSR, a parliamentary panel has recommended ...
- CSR activities should bring smile to people; not profit for cos: Sachin PilotCorporate Affairs Minister Sachin Pilot asked the companies to desist from spending on profit-earning activities to meet norms.
- Under utilisation of CSR funds by Coal India: Parliamentary panelStating that Coal India spent just Rs 82 crore out of Rs 553 crore alloted to it in FY'12 under corporate social responsibility.
- CSR not mandatory for private sector companies: MoilyThe government on Wednesday clarified that the new Companies Bill is not going to make spending on CSR activities mandatory for companies.
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