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CSR SPENDING
Disability, elderly care likely to qualify for CSR spendingCompanies need to comply with CSR obligations if they have a net worth of ₹500 crore or more, turnover of ₹1,000 crore or more, or a net pr...- GCCs allocate just 4% of CSR spend to innovation: ReportIn FY25, global capability centres in India ramped up their CSR investments to an impressive Rs 3,661 crore. Yet, only a mere 4% of this fu...
- Nithin Kamath reveals Zerodha's leadership secret: Why the broker rarely hires outsiders for top jobsZerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many joining early in their careers. H...
- How you CSR, not what, matters: India's CSR mandate and the hidden cost for companiesIndia's statutory corporate social responsibility (CSR) mandate could impede authentic social engagement. By enforcing mandatory spending, ...
- Piyush Goyal urges innovators to build social solutionsPiyush Goyal encouraged innovators to create affordable, sustainable social impact solutions. He highlighted lake cleaning initiatives in h...
- Economic growth & quality of life must go hand in hand: Piyush Goyal"A society cannot develop just if the focus is on the economic aspects of society or economic growth. It has to be juxtaposed with the qual...
- 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...
- Domestic donations to PM CARES down by 30 pc to Rs 479 crore in FY25Domestic donations to the PM CARES Fund dropped by thirty percent to Rs 479 crore. Foreign donations also saw an eighteen percent decline, ...
- CSR spend trebles in a decade, education & health get lion's shareIndia Inc's CSR spending surged threefold to ₹34,909 crore by 2023-24, but remained concentrated in education and healthcare, accounting fo...
- Global recognition race drives CSR spend on sports, artIndia Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 202...
- India Inc's CSR spends on sports likely to surge in next few yearsThe foundations of several companies, such as the Reliance, Tata Steel, JSW, Hindustan Zinc and SKF India, have been supporting sports as p...
- CSR spending goes greener; health gets highest dose as companies rejig focusIn FY22, India's corporate social responsibility (CSR) spending on the environment more than doubled to ₹2,837 crore, which made the sector...
- Corporates CSR spends up 3% in FY21, PM-CARES Fund not favourite in 2nd wave: ReportThe report by rating agency Crisil said that while the first wave saw greater spending in cash largely through the PM-CARES Fund, the prefe...
- Companies to see frauds in their CSR programs during Covid-19 pandemic: EY report75% companies lack a structure or policy to address frauds in CSR programs, the report said. Many companies that are now looking to allocat...
- Which's the most philanthropic of 'em all? RIL tops list with Rs 640 cr CSR spend; PSUs NTPC, ONGC follow nextA KPMG survey found that companies spent most on education.
- Govt may tighten disclosure norms for CSR spendingA high-level panel on CSR is likely to propose increased disclosures to bring transparency in spending on these activities.
- CSR spending of Indian companies rises by 14% in 2 fiscals: SurveyThe survey said more number of corporates are using non-government organisations (NGOs) as implementing agencies for CSR spending.
- RIL, ONGC on top-100 global list for education CSR spendingReliance Industries and ONGC -- have managed to made to a list of the world's top-100 companies in terms of CSR spending on education, a ne...
- CSR spend may grow over 4 times to $2.5 billion: StudyThese funds were spent by the companies on various social initiatives of the government and NGOs.
- Government to modify CSR spending clause in Companies Bill: Corporate Affairs Minister Veerappa MoilytiGovt said it will modify the provision in Cos Bill regarding two per cent CSR spending to ensure that corporates earmark funds for such a...
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