Corporate social responsibility activities are guided less by what is deemed good for the society in the long run and more by the short-term compulsions and interests of a company. The Companies Act, 2013 has been mainly instrumental in focusing attention on corporate giving for social development in India, though that was not its main …
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Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Ltd, today launched mobile applications for corporate social responsibility (CSR) and bill tracking system (BTS). Developed in house by the department of Systems, both the applications were launched by A K Jha, Chairman & Managing Director of MCL on the occasion of 26th Foundations Day of …
Can corporates be enrolled to save our forests? Though this is the hope with which the Forest Department reaches out to companies and their Corporate Social Responsibility (CSR) funds, the expectations far outweigh the rewards so far.
A multinational boss fancies himself King of the World. The bottom line is that Paul Polman is not focused on the bottom line.
Under the Companies Act, 2013, a certain class of profitable companies is required to spend at least 2 per cent of their three-year annual average net profit towards CSR works in a fiscal. The norm came into effect on April 1, 2014. Companies spent about Rs 476 crore towards ‘Swachh Bharat Kosh’ as part of …
Companies spend Rs 476 cr under Swachh Bharat Kosh as CSR initiative Read More »
