SLSV

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Will India Inc get relief on CSR spending?

 If the Corporate Affairs Ministry has its way, Corporate Social Responsibility (CSR) spending will not be mandated and companies will be allowed to spend as they wish. At present, under the Companies Act, 2013, the Rules on CSR state that every company having a net worth of ₹500 crore, or having a turnover of ₹1,000 …

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Companies use CSR to promote research

Apart from funding scholarships, the idea of promoting centres of excellence is fast gaining traction Philanthropic capital from business houses has been used to build some of India’s finest institutes. Be it Jamsetji Tata, who set up the Indian Institute of Science in 1909, or G.D. Birla, who founded the Birla Institute of Technology and …

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Insight: 3 Ps of Corporate Social Responsibility

Corporate social responsibility (CSR) and sustainability have been at the forefront of most companies’ agendas for quite some time – it’s no longer a “nice to have” but a “need to have.”   The reality of business today is that clients have customers who want to work with companies that share their values regarding sustainability. …

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BSE Sammaan lists NGO projects worth Rs 1,508 cr for CSR

Sammaan, a BSE-enabled platform to help companies find agencies for carrying out social welfare activities, has registered 837 programs needing nearly Rs 1,508 crore from 817 non-profit organisations. The CSR (Corporate Social Responsibility) platform, launched by BSE along with industry body CII and think tank IICA, went live on the stock exchange in December last …

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