CORPORATE SOCIAL RESPONSIBILITY
Yogi govt seeks corporates to provide medical help at doorstep for cows, set up call centre
The Yogi Adityanath government is seeking the help of a firm or company with experience of running livestock services to come on board for this project which will be run under the CSR obligations for corporates.
CSR spend of NSE-listed cos rises 18% in FY19
This analysis is based on 1,132 companies listed on NSE as on March 31, 2019 and obligated to s...
Proposal looks to decriminalise 2/3rd offences under Companies Act
Proposed changes have been drawn from the report of the Company Law Commit...
Consumption slump just a phase; neighbourhood shops hit hard: Mariwala
There is a need for the government to unleash both short-term and long-term reforms to reverse the slowdown, he said adding that there is no quick fix or set formula to fight the same.
Labour Ministry moots social security fund linked to CSR norms
The ministry has proposed constituting a social security fund or funds for provision of social security to unorganised workers, platform workers or gig workers or any class of such workers to be administered by the central government in the social security code.
Non-compliance of government directives by CPSEs led to shortfall of Rs 9,417 crore in dividend: CAG
As per the norms, all profit-making central public sector undertakings (CPSUs) are required to declare a minimum dividend on equity of 20 per cent or a minimum dividend payout of 20 per cent of after-tax profit, whichever is higher, subject to availability of disposable profi
Companies need to do a lot more: Rishad Premji
Indian firms need to do more to run their businesses fairly and ethically, Wipro chairman Rishad Premji said.
Education received major chunk of CSR spend by corporates: Government
The CSR activities taken up by the companies relate to various sectors including education, healthcare, sanitation, environmental sustainability, poverty alleviation and skill development.
Become thinkers and not just officers: Ravi Shankar Prasad
Ravi Shankar Prasad asked the young officers to become "thinkers" instead of just "officers" and help in the country's drive towards innovation and technology led growth. He also asked the government officers to create patents and think of ways in which BharatNet can be taken to the last mile or how corprorates can be part of the Digital Village programme.
President Kovind suggests more social welfare spending by companies for orphans, disabled people
Under the Act, certain class of profitable companies are required to shell out at least two per cent of their three-year average annual net profit towards CSR activities in a particular financial year.
View: Individual social responsibility, not corporate social responsibility, must be the mantra
The fear that capitalism might be failing forced 180 CEOs of the largest corporations in America to unveil last month a new statement of purpose.
53% of top Indian companies have a male to female employee ratio of 10:1 or worse, study claims
A total of 103 companies have actually reported a reduction in the number of women employees, the study added.
View: How mandated 'corporate social responsibility' can be wasteful
If a company just wants to create lots of jobs and pay taxes and dividends, don’t burden it with CSR duties.
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.
Govt-sponsored incubators eligible for CSR funds
Nirmala Sitharaman said that research funding in science, technology, engineering and medicine will be counted as part of mandatory CSR expenditure.
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