Lok Sabha passes Companies Bill

Last Updated: Tuesday, December 18, 2012, 23:07

Lok Sabha Tuesday passed the Companies Bill, with the government saying the aim is to protect interest of employees and small investors while encouraging firms to undertake social welfare voluntarily instead of imposing that through "inspector raj".

'Mandatory provision of CSR should be extended to Pvt cos too'

Last Updated: Tuesday, December 4, 2012, 21:59

It said all corporates, be it public or private, have equal rights and duties towards citizens of the country for social upliftment.

DLF ends innings as IPL sponsor; to promote other sports

Last Updated: Tuesday, August 28, 2012, 16:13

The country`s largest realty firm DLF has decided to end its five-year long association with cricket tournament Indian Premier League as the title sponsor and did not renew its contract that was due by last month.

China exports 120 trains to Sri Lanka

Last Updated: Thursday, July 19, 2012, 23:00

The trains were shipped from the port city of Qingdao in east China`s Shandong province, the China Daily reported.

Govt to modify CSR spending clause in Cos Bill: Moily

Last Updated: Wednesday, July 11, 2012, 19:11

Government Wednesday said it will modify the provision in Companies Bill regarding two percent CSR spending to ensure that corporates earmark funds for such activities, but will not make it mandatory.

`China develops more powerful locomotive`

Last Updated: Thursday, March 8, 2012, 12:41

A Chinese company has rolled out the first electric locomotive with a hauling capacity of 3,000 passengers, more powerful than ones currently in operation.

MCA unlikely to heed calls for mandatory CSR in Cos Bill

Last Updated: Sunday, February 5, 2012, 12:57

The Corporate Affairs Ministry is unlikely to yield to pressure from some political parties to make 2 percent CSR spending mandatory for corporates under the new Companies Bill, which is currently being scrutinized by a parliamentary committee.

CSR not mandatory for private sector companies: Moily

Last Updated: Wednesday, January 18, 2012, 21:11

The government Wednesday clarified that the new Companies Bill is not going to make spending on CSR activities mandatory for companies.

China tests high-speed train

Last Updated: Monday, December 26, 2011, 16:12

China has test-run its latest high-speed train that can reach a maximum speed of 500 kmph.

Google to fund fight against human trafficking in India

Last Updated: Wednesday, December 14, 2011, 19:39

Google employees have also contributed 40,000 paid-volunteer-hours, helping various organisations.

Maharatna cos allocated Rs 1,100 cr for CSR in first 6 months

Last Updated: Thursday, December 8, 2011, 19:59

Maharatna companies earmarked over Rs 1,100 crore for corporate social responsibility (CSR) activities during April-September 2011, while Navratna firms alloted about Rs 360 crore, Parliament was informed on Thursday.

CIL draws flak from CAG for inadequate CSR spending

Last Updated: Wednesday, September 7, 2011, 19:03

Maharatna company Coal India (CIL) has drawn flak from accounting watchdog CAG for inadequate fund allotment towards corporate social responsibility (CSR) -- less than 1 percent of Rs 31,062 crore net profit earned during 2004-10.