Category : CSR

In the last couple of weeks, with Warren Buffet and Bill Gates visiting the country, Philanthropy has become a buzz word and millions of rupees have already been pledged towards social causes. The most recent announcement has come from drugmaker Piramal Healthcare. The

Thanks to two of the world’s richest men, corporate India is quite seriously talking about social responsibility, causes, development, philanthropy and sustainability. Indian businesses that are opposing the proposed mandatory spend towards corporate social responsibility are, quite interestingly, appreciating the ideas of Warren

“It is unlikely that the corporate affairs ministry will make corporate social responsibility (CSR) spends compulsory. The ministry is using “mandatory CSR spend” as a tool that gives the corporate affairs minister a power to negotiate with corporate groups,” a senior official close

Considering 2-5 per cent of net profits – several hundred crore of public money – is being spent on corporate social responsibility (CSR) by public sector undertakings (PSUs), there should be compulsory accountability of this money, opines Standing Conference of Public Enterprises (SCOPE).

‘As we are working for the transformation of India, many welfare schemes and infrastructure projects are being implemented under the public-private partnership model. This has meant that the administrator and the manager are working in partnership. Hence, businesses must incorporate social responsibility in

EdelGive Foundation, the philanthropic arm of Edelweiss Capital Ltd, recently announced the winners of the Third EdelGive Social Innovation Honours (ESIH). Following a four-stage evaluation process, five NGOs were chosen for their innovative work in the areas of health and well-being, education, livelihoods,

Steel Authority of India (SAIL) and MARG Limited received India Shining Star CSR Award for exemplary contributions towards corporate social responsibility (CSR) in the iron and steel and infrastructure sectors, respectively, on February 21 in Mumbai. SAIL is a Navratna PSU and contributes

‘We should have partnership between environment ministry and ONGC. If we get partnership with five PSUs like ONGC, we will get a part of their corporate social responsibility (CSR) budget for spending on good afforestation activities, particularly in wetland and mangrove areas,’ said

On February 11, 2011, Nestl̩ made a call for global nominations for the 2012 Nestl̩ prize in Creating Shared Value (CSV). Launched in 2009, the prize Рfinancial support of more than US$480,000 Рis awarded in alternate years to an innovation or

Leading dailies of the country on February 10 reported that the new Companies Bill would probably make it mandatory for companies to spend two per cent of their profits towards CSR. For corporate India, this is a surprise development from the office of