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CSR AS BUSINESS VENTURE
Sustainability anchors growth: ITC CMD urges corporates to balance economic progress with societal valueITC chairman Sanjiv Puri advocates for sustainability and inclusive growth in business. He stated economic progress must align with societa...- Godrej Industries group signs pact to invest Rs 20,000 crore in HaryanaGodrej Industries Group plans a substantial Rs 20,000 crore investment in Haryana. This initiative is expected to generate approximately 40...
- Coal India's Q1 capex rises by 16.64% to Rs 3,399 croreCoal India's capital expenditure rose sixteen point six four percent to three thousand three hundred ninety-nine crore rupees. Land acquisi...
- ETtech Deals Digest: winter continues despite slight uptick in fundingHere is a look at all the startups that raised money in funding this week.
- CSR-tech platform Goodera raises $10 million in funding from Zoom Ventures, Binny Bansal, othersFounded in 2014, Goodera initially built a platform for Indian corporates to manage corporate social responsibility (CSR) investments and a...
- View: Corporates and high net worth individuals should join govt efforts to rescue economyThe last decade has witnessed an evolution of Indian corporates becoming cognisant of their corporate social responsibility (CSR). As a con...
- Startups demand liquidity lifeline to stay afloat amidst Covid-19 crisisStartup industry writes to FM seeking loans free of interest or linked to tax, GST refunds
- Mahindra Finance and Marico dip into CSR budget to finance startupsMahindra Finance and Marico have partnered with social venture fund Villgro to finance startups by using their corporate social responsibil...
- With unclear rules and wary investors, Charioteer Fund fades away just two years after rolloutThe root cause of Charioteer's demise happens to be unclear rules on investments in social projects.
- Mphasis partners with IIIT-B for CSR activitiesMphasis has partnered with IIIT-B to support social enterprises under the IT firm’s corporate social responsibility initiatives.
- Government plans to form Venture Capital industry to fund social sector projectsThe government is planning to create a VC industry that will help fund social sector initiatives of sustainable development, Jayant Sinha s...
- Companies Act amendment allows use of CSR funds in startupsAn amendment made in the Companies Act allowing CSR contributions to incubators, is providing legs to for-profit ventures working with soci...
- Kerala to launch first technology business incubator centreCompanies like Datafactors Software (P) Ltd, Tutti Frutti Interactive, 3Q mentors, Grabmy Grocery and other individual promoters are settin...
- Kerala based startup sets sight on business potential in CSRMost firms with sizeable business are required to shell out at least two per cent of their three year annual average net profit towards CSR...
- Start ups & online portals advising companies on how to invest strategically in CSRAny company with net worth of net profit of Rs 5 crore must set aside, at least 2% of its average net profit in the previous three years fo...
- Utilise CSR for social change and brand-buildingStarting tomorrow, an estimated 16,000 companies will finally have to start discharging their CSR as per the new Companies Act, 2013.
- Spending on profit earning ventures cannot be CSR, says Sachin PilotCorporate Affairs minister Sachin Pilot said money spent on activities that earn profits will be a grey area while considering it as a CSR ...
- Budget 2013: Corporate funds to assist technology incubatorsExperts say allowing direct transfer of money from cos to incubator, rather than pulling it up centrally and then disbursing may improve th...
- CEOs now more conscious about corporate social responsibilityThe upcoming government directive to companies to spend 2% of their net profit on CSR activities is making them think, strategise, plan and...
- India Inc may have to account for CSR workGovernment now wants India Inc to show in their financial statements finer details of their money spent towards social activities.Highest p...
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