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CSR SPENDING GROWTH
Is India Inc's CSR truly driving systemic change or just shifting funds?Corporate India is entering a new phase of CSR. Spending is expected to cross ₹1.2 lakh crore by 2035. Companies are shifting towards syste...- India's R&D punches above its weight, but grant delays and red tape hold back researchersIndia is an innovation 'overperformer' but its research systems lag behind. Improving 'ease of doing R&D' is crucial. This requires faster ...
- ET Opinion | The STEM Multiplier: Preparing India’s youth to leadIndia is embracing STEM education to prepare for a future shaped by automation and digitalization. New roles combining technology and human...
- Groww Q4 Results: Profit soars 122% YoY to Rs 686 crore, cashing in on market crash and Iran warGroww Q4 Results: Groww's parent company, Billionbrains Garage Ventures, announced a significant 122% year-on-year profit increase to Rs 68...
- 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...
- India Inc's spending on CSR hit the fast lane in FY24NSE-listed companies witnessed a significant 15.7% surge in CSR spending in fiscal year 2024, fueled by robust profit growth. CSR expenditu...
- Private philanthropy grew 10% in FY23, CSR spending by 7%: Bain & Company and Dasra reportWhile there has been an increase in the number of companies complying with the CSR mandate in this period, spending by this segment grew mo...
- Here's how to make strategic CSR countIndia's corporate social responsibility (CSR) spend has grown to ₹26,210 crore in FY2021, up 80% from FY2016, according to the corporate af...
- Why India Inc should explore social impact bonds for CSR activitiesTraditionally, companies spend their CSR funds by donating or engaging an implementing agency to further causes relevant to their businesse...
- India Inc spent Rs 7,537 crore as CSR obligations in 2 months directed to address the Covid-19 pandemicThis included Rs 4,316 crore in donations to the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund. The remaining...
- CSR spend of NSE-listed cos rises 18% in FY19This analysis is based on 1,132 companies listed on NSE as on March 31, 2019 and obligated to spend on CSR.
- View: Unclutter the spendingIndia was first to mandate specific spends on CSR for all corporate entities based on income, or profit.
- CSR spend tops Rs 50K-cr during FY15-18: ReportThe Companies Act, 2013 makes it mandatory for businesses with Rs 500 crore in annual revenues to set aside 2 percent of their profit for s...
- 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.
- PSUs lead the way as India Inc steps up social spend, but still misses targetGovt-owned cos grossly outperformed their private sector peers, with their spending expanding 41% in the year ended March 31, according to ...
- India leads in CSR spending growthThe reporting of corporate social responsibility (CSR) spending is growing faster in India than anywhere else in the world.
- 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...
- Govt sees 10k crore flow/yr from CSR spendThe government is expecting flow of more than Rs 10,000 crore a year from private companies as part of their corporate social responsibilit...
- Lok Sabha passes Companies BillThe Companies Bill, 2011 was passed by a voice vote in Lok Sabha that will strengthen the SFIO to investigate wrongdoing of companies.
- Montek Singh Ahluwalia opposes CSR 'Tax' on companiesPlanning Commission Deputy Chairman backs India Inc’s opposition to any mandatory contribution towards CSR initiatives.
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