Sensex firms miss CSR threshold by 30%, only 7 firms comply

Last Updated: Sunday, August 30, 2015, 13:10

Collectively, the 30 Sensex companies are estimated to have spent about Rs 3,500 crore on CSR initiatives during the 2014-15 fiscal, when they were required to spend nearly Rs 5,000 crore on such activities under the new Companies Act.

Govt-appointed panel on CSR to finalise report next month

Last Updated: Sunday, July 19, 2015, 12:07

Interestingly, nearly two-third of the top listed firms have failed to make the minimum 2 per cent CSR spend in the first year (2014-15 fiscal).

Vedanta unveils Young Achievers' Scholarship Programme

Last Updated: Friday, June 5, 2015, 13:42

Students opting for Graduate courses in Medical or Engineering will be awarded an amount of Rs 30,000/- per year for 5 and 4 years respectively. Similarly, students opting for Bachelor's Degree in Science will be awarded Rs 20,000/- per year for three years.

Bajaj Group contributes Rs 10 cr to Nepal quake relief fund

Last Updated: Monday, June 1, 2015, 13:35

Terming Nepal as "a very important country for Bajaj Auto", he said "we have been there for more than 20 years. We have over 3.5 lakh Bajaj motorcycles on the country's roads. We are working with our consumers, dealers and technicians towards the quick repair of damaged vehicles so that people can be mobile once again."

Companies' P&L accounts to have separate CSR Expenditure head

Last Updated: Sunday, May 17, 2015, 15:55

If a company spends more than the mandatory two percent of profit for Corporate Social Responsibility (CSR), the excess amount can not be carried forward for any set off against future CSR expenses.

SBI creates foundation for group CSR activities

Last Updated: Sunday, May 17, 2015, 12:51

The nation's largest lender State Bank of India (SBI) has created a separate company, SBI Foundation, to carry out its massive CSR initiatives and hopes to get it "running" from July.

Companies not serious about CSR reporting: TCS study

Last Updated: Friday, May 1, 2015, 18:08

Reporting of CSR activities on environment and governance issues is not being taken as seriously as it should be, a study backed by the country's largest software exporter TCS said on Friday.

ICSI seeks mandatory audit for CSR activity

Last Updated: Sunday, March 22, 2015, 10:50

Institute of Company Secretaries of India (ICSI) is for introduction of audit of Corporate Social Responsibility (CSR) activity.

CSR monitoring panel to meet second time next week

Last Updated: Thursday, March 19, 2015, 20:34

IICA had been entrusted to provide secretarial and technical support to the committee headed by former union home secretary Anil Baijal.

"Corporate be responsible, before being socially responsible"

Last Updated: Saturday, March 14, 2015, 17:39

The Corporates must act responsibly, so that their actions benefied not only the stakeholders, but society as whole, N Sessasayee, Principal District Judge, Coimbatore, said today.

CSR spend may grow over 4 times to $2.5 bn: Study

Last Updated: Sunday, February 15, 2015, 10:54

The CSR norms came into effect from April 1 last year through the Companies Act, 2013, which is being implemented by the Corporate Affairs Ministry.

MSME Minister pitches for development of resource-based sectors

Last Updated: Sunday, February 8, 2015, 18:06

Inaugurating the new Corporate Social Responsibility Centre 'The CSR Hub' at Indian Institute of Entrepreneurship (IIE) here, the Minister said it would play a catalytic role in channelising products in domestic and international market.