CORPORATE SOCIAL RESPONSIBILITY

Independent directors must be pro-active to ensure cos function in socially responsible manner: CAG

"In the current times, it may be worthwhile that the independent directors should be more pro-active and guide the companies on path which ...

India Inc seeks to use CSR funds for staff vaccination

The recommendation came from the industry association FICCI and consultancy firm EY, who have estimated that 30 crore (22% of population) p...

Vedanta chairman Anil Agarwal to set up 500 Nand Ghars in Uttar Pradesh

“We would be jointly developing 500 Nand Ghars in UP with focus on improving health and nutritional outcomes for women and children,” said ...

Covid vaccine distribution by companies may be covered under CSR

Widening the scope of activities under the ambit of CSR to include vaccine distribution related spending is one of the options being examin...

Hyundai Motor to set up Rs 150 crore Academy for Technical Skills

Hyundai Motor has undertaken many initiatives to help enhance the key skill sets of youth to ensure that they stay contemporary and industr...

The Old Story of Business: Towards a better capitalism

The traditional view of a business’s purpose is that profits are all that matter. For at least the last 10 years that view, that we will ca...

Corporate offenders will not face imprisonment for procedural, technical or minor offences

So far, 48 sections of the Act have been decriminalised and 23 of the remaining 66 compoundable offences can be dealt with by an in-house a...

Companies Act amendments notified; various offences decriminalised

The latest amendments coming to effect from Monday also allowed a certain class of public companies to list overseas directly, increasing t...

Coal India, its subsidiaries spend Rs 1,978 crore on CSR from FY'17 to FY'20

"National Miner CIL spent a total amount of Rs 1,977.76 crore on CSR during FY16-17 and FY19-20," Coal Minister Pralhad Joshi said in a wri...

View: Corporations should be asked to buy SIGs with CSR funds and give them to GoI

Investors who value social goods are, of course, limited with small funds they are willing to contribute towards social causes. GoI recogni...

Why are this year's Annual Reports special but not very useful?

Thanks to Covid, the annual reports are not as awaited this time around as in earlier years. This is because the data disclosed by companie...

Industries should spend funds on CSR activities to help build a better India, says MoS Thakur

The 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...

Ministry of Corporate Affairs widens ambit of CSR activities

The notification, on Wednesday, widened the scope of CSR, which was earlier restricted activities benefiting the army, navy and air force v...

155 Indian companies create nearly 125000 jobs in US: CII report

The report, "Indian Roots, American Soil 2020," is a state-by-state breakdown of tangible investments made and jobs created by 155 surveyed...

Firms may get input tax credit for masks, PPEs

One of the officials said the government had received several representations seeking relaxation in Sec 17(5)(h) of CGST Act 2017, which do...

India Inc’s traditional CSR may end up in containment

With donations to the PM-Cares Fund and Covid-19-related relief work eligible to be considered CSR expenditure, most companies are likely t...