Haryana CM Nayab Singh Saini flags off 312 ERVs provided to Haryana Police by Honda FoundationHaryana Police received 312 new Emergency Response Vehicles. The fleet includes 310 motorcycles and two Honda Elevate cars. Honda India Fou...
Natural diamonds, real change: Driving sustainable impact in IndiaThe diamond industry is prioritizing sustainability, with India leading the charge by integrating a fifth 'C' – conscience – alongside trad...
For more bang for the CSR buck, change the rulesAny activity with a longer-term perspective takes time to show desired results. However, the CSR mechanism requires companies to report on ...
Short on system backup, companies can't play CSR long gameThe 2013 law states that CSR spending should be a minimum of 2% of average net profit of the three preceding years. When the budget is base...
New CSR disclosure norm a positive step; brings in transparency, says HCL Foundation chief Nidhi PundhirA detailed disclosure framework for Corporate Social Responsibility (CSR) spending by companies notified by the government is a "positive s...
Analysis: With CSR kitty bulging this year, increasing number and variety of donees are appealing companies for fundsA surge in net profit has been attributed to cut in corporate tax rate this fiscal, consequently the ‘2% of profit’ kitty earmarked for spe...
When compelled to do good, how has India Inc fared?There has been a 70% jump in the expenditure towards CSR initiatives to Rs 8691 in FY19.
NSE-listed companies' CSR spend swells 28 per cent to Rs 8,345 crore in 2015-16Firms with net worth of Rs 500 cr and above or revenue of Rs 1,000 cr and above or a net profit of Rs 5 cr and above have to spend two per ...
Corporate Social Responsibility(CSR) current trends in India and the way ahead - Panel DiscussionThe Economic Times Corporate Social Responsibility Sustainable Future Panel Discussion “CSR in India: 2016-2017 Way Ahead”. Panelists: Vija...
Companies Act amendments likely for clarity on CSR normsA government-appointed high level panel recently submitted recommendations on CSR norms to the Corporate Affairs Ministry, which is impleme...
How Indian companies are misusing public trusts to launder their CSR spendingPublic trusts are a favoured route to launder money because they are not adequately governed or monitored.
Companies need to provide PAN in annual returns: MCACorporates are now required to furnish Permanent Account Number (PAN) while submitting their annual returns to the government.
CII-BSE-IICA create an online platform to pick NGOs for CSR activitiesThis platform has been created to identify and pick the right NGOs capable enough to work with corporates listed under the CSR category. Th...
Law provides well drafted structure for CSR: Nirmala SitharamanIn a first of its kind, certain class of companies are required to shell out at least 2 % of their three-year annual average net profit tow...
Government shoul not penalise companies that fail to spend on corporate social responsibilityThe law says a company should spend at least 2% of its average net profit in the preceding three years on CSR. However, the rules are irkso...
Corporates should take CSR law positively: Nita AmbaniCalling upon India Inc to take the new CSR law in a positive way, Reliance Foundation Chairperson Nita Ambani has said it should help in cr...
- CSR not mandatory for private sector companies: Moily
The government on Wednesday clarified that the new Companies Bill is not going to make spending on CSR activities mandatory for companies.