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Govt panel formed to monitor CSR works

Last Updated: Wednesday, February 4, 2015, 12:10

The government has set up a high level panel to suggest a framework to assess CSR activities done by corporates under the companies law.

India Inc must make 'growth with equity' as CSR goal: Ansari

Last Updated: Monday, February 2, 2015, 23:22

Asking India Inc to embrace the concept of 'growth with equity' as part of their Corporate Social Responsibility (CSR) motto, Vice-President Mohammad Hamid Ansari Monday said industries should voluntarily take up community projects instead of being pushed by laws to to do.

'Eight Indian companies in Fortune 500 spend $81 mn/year on CSR'

Last Updated: Sunday, January 18, 2015, 12:28

As many as eight Indian companies in Fortune Global 500 list including Reliance Industries and ONGC spend as much as USD 81 million a year on Corporate Social Responsibility (CSR) activities, a report says.

Infosys to expand CSR activities in Americas, spend $5 mn a year

Last Updated: Tuesday, December 30, 2014, 18:41

Country's second largest software services firm Infosys will expand its Corporate Social Responsibility (CSR) activities in the Americas to focus on making quality computer science education widely available.

IL&FS signs MoU with NOCCI for excellence centre

Last Updated: Friday, December 12, 2014, 15:41

NOCCI, which has a membership of over 100, can work as a conduit to pick up school drop outs and unemployed youth to provide required training to make them employable, he added.

No specific tax exemption for companies' CSR expenses: Govt

Last Updated: Friday, December 5, 2014, 17:17

The new companies law, which came into force from April 1, requires certain class of profitable corporates to shell out at least 2 percent of their three-year annual average net profit towards CSR works.

Par panel for action against CIL officials for CSR funds

Last Updated: Wednesday, December 25, 2013, 19:51

The Committee has said that although the Coal Ministry has replied that they have intentions to spend the money for CSR activities but in reality it seems that they do not have serious intention to spend it.

Govt can't tell companies on how to spend CSR money: Pilot

Last Updated: Friday, December 20, 2013, 18:40

The new Companies Act, 2013, requires certain class of profitable entities to shell out at least three percent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities.

India Inc must embrace mandatory CSR: HBS Dean Nohria

Last Updated: Tuesday, December 17, 2013, 22:31

The India-born Dean of the prestigious US-based Harvard Business School (HBS) said the government's new policy on CSR allows corporates to do good for the society.

UK set to invest millions in CSR in India

Last Updated: Wednesday, November 13, 2013, 19:44

British companies are expected to contribute as much as 100 million pounds per year for Corporate Social Responsibility (CSR) work in India under the country's new Companies Act.

Corporates should take CSR law positively: Nita Ambani

Last Updated: Sunday, September 29, 2013, 13:03

"CSR (Corporate Social Responsibility) is a process that creates sustainable and self reliant communities by lending a hand to realise their aspirational goals," Nita Ambani said here.

Govt working on CSR reporting mechanism for public sector cos

Last Updated: Monday, August 19, 2013, 18:18

The move comes at a time when the new legislation on companies require private firms to spend at least 2 percent of three-year average annual profit towards CSR work.