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CSR SPENDING RISE
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...- 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 spends up but aspirational districts fail to get bigger shareCorporate social responsibility spending by Indian companies has surged significantly over the last decade. However, a recent study reveals...
- 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...
- 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...
- Parliament panel seeks constituency-wise CSR spending by top 10 companiesThe committee expressed its concern about the monitoring mechanism of CSR spend and found that the "information regarding CSR spending by c...
- New CSR rules and rising spendingET’s Gaurav Noronha takes a look at the changes and trends in CSR expenditure.
- Industries should spend funds on CSR activities to help build a better India, says MoS ThakurThe minister also requested the industry to create more awareness to contain pollution of rivers and also help the government in its fight ...
- ETIG Analysis: Why is CSR set to turn from 'good to know' to 'need to know' for investors?A Sebi-constituted panel in its report last month has, among others things, proposed the allowing of CSR spends to be traded between compan...
- Will companies turn CSR into CIR?Mandatory CSR spending essentially provides a nudge to companies to spend up to 2% of their profits on supporting research and innovation.
- 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.
- Companies CSR expenditure rises 47 per cent in 4 years to FY18: SurveyThe cumulative expenditure by top 100 companies from 2014-15 to 2017-18 is about Rs 26,385 crore, the survey said.
- CSR expenditure increases 11% to Rs 10,030 crore in FY18The top spenders in terms of absolute CSR expenditure were Reliance Industries, ONGC, Tata Consultancy Services, HDFC Bank, Indian Oil Corp...
- 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 ...
- 'Substantial rise in CSR spending compared to previous year'The report 'India CSR Outlook Report (ICOR)' will be launched in the inaugural session of India CSR Summit and CSR partnerships Exhibition ...
- 'CSR spend to rise; greater sensitisation needed'Mishra believes it makes business and economic sense for the organisations to form partnership and achieve the joint agenda of social devel...
- Top 75 companies spent Rs 4,000 crore on CSR in 2015The government expects total spending in the first year to top Rs 9,000 crore and rise substantially in coming years, a government official...
- Companies need to improve disclosures on CSR expenditure: ReportCertain class of entities have to spend at least two per cent of their three-year average net profit towards Corporate Social Responsibilit...
- Govt may apply stick on cos which do not spend money on CSR: Naina Lal KidwaiKidwai, however, asserted that spending on CSR should not be made mandatory by law but guideline approach is best thing to begin with.
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