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CSR SPENT
Beyond the tragedy: Families of AI 171 crash victims grapple with flight fears, anxietyNearly a year after the AI 171 plane crash, families still grapple with loss and trauma. Some survivors fear flying, while others seek coun...- CSR norm tweak to boost social stock exchangesCompanies can now allocate up to 10% of their annual CSR spending via zero coupon zero principal instruments from not-for-profit organizati...
- Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
- Uncertainty scars J&K’s economy and impacts banking, but resilience here is remarkable: Amitava Chatterjee, J&K BankJammu and Kashmir Bank has recorded its highest profit to date, soaring to Rs 2363.47 crore in FY-26. This achievement marks a significant ...
- How Toyota's CSR initiative taught rural Karnataka hygiene habitsToyota Kirloskar Motor's ABCD program transformed rural Indian schools by tackling hygiene beliefs. Children became agents of change, promo...
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- 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...
- Going beyond charity: Philanthropy in India seeks to offer the right solutionsUltra-High-Net-Worth Individuals (UHNIs) are playing a critical role in the evolution of philanthropy in India, focusing chiefly on educati...
- New CSR disclosure rules let companies omit key detailsThe details omitted include the name, the location and duration of the company’s CSR project, the amount allocated for the project, the amo...
- Cos spent over 60 pc CSR funds on edu, healthcare, rural development in last 7 financial yrs: GovtUnder the Companies Act, 2013, a certain class of profitable companies are required to shell out at least two per cent of their three-year ...
- 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...
- New CSR disclosure framework to help in data analytical work, enhance transparencyCompanies having a net worth of at least Rs 500 crore or a minimum turnover of Rs 1,000 crore or net profit of Rs 5 crore or more during th...
- Ministry of Corporate Affairs introduces detailed CSR disclosure frameworkUnder the Companies Act, 2013, certain class of profitable entities are required to shell out at least 2 per cent of their three-year annua...
- Companies spent Rs 1.09 lakh cr towards CSR activities in 7 years: Corporate Affairs MinistryUnder the Companies Act, 2013, certain class of profitable entities are required to spend at least 2 per cent of their three-year annual av...
- Oil companies spent Rs 758 crore from CSR funds in last 5 years in OdishaIndian Oil Corp spent a total of Rs 431 crore in Odisha from its CSR budget in five years ending March 2021, the government said. ONGC was ...
- 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 non-compliance: Prosecution sanctioned in 366 casesIn 2014-15, as many as 16,785 companies shelled out Rs 10,065.93 crore towards CSR activities.
- CSR: 2,351 companies spend nil, 776 firms engage NGOsThe new Companies Act mandates every company with a networth of Rs 100 crore to set aside minimum 2 per cent of their 3-year average annual...
- Almost 76% of CSR amount spent by corporates: Finance Minister Arun JaitleyJaitley said CSR amounts cannot be spent for any political activity and if any amount is spent in that manner, it cannot be a legitimate CS...
- ICAI issues norms for CSR accounting by companiesCompanies meeting certain financial criteria such as a net worth, turnover or net profit of at least Rs 500 crore, Rs 1,000 crore and Rs 5 ...
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