CSR

Kerala Startup Mission invites CSR funds from corporates

Focus areas include entrepreneurship development, start-up incubators, education and skill development, women and child safety, Covid-19 solutions among others Kerala Startup Mission (KSUM) has invited corporate houses to plan their CSR projects with the nodal agency so as to support the government’s vision on supporting innovative ideas through nascent firms. The focus areas for 2021 …

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Extreme weather like floods, droughts, cyclones puts $84 billion of Indian banks debt at risk

An increase in extreme weather events such as floods, droughts and cyclones risk souring debt worth more than Rs 6.19 lakh crore ($84 billion) at India’s biggest financial institutions. That’s according to leading nonprofit environmental disclosure platform CDP. State Bank of India NSE, the country’s largest lender, HDFC Bank, IndusInd Bank and Axis Bank NSE are among the institutions that …

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CSR: SBI giving Rs. 11 cr to PM Cares Fund for COVID-19 vaccination drive

In order to support next phase of government’s COVID-19 vaccination drive, State Bank of India (SBI) has decided to contribute Rs. 11 crore to the PM CARES Fund. Dinesh Khara, Chairman, SBI said, “It is at times of adversity that the true form of unity is tested, and we all can take pride in the efforts …

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UK says it will sell world’s first sovereign green savings bonds

The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale this year, the Treasury said. LONDON: Britain’s government plans to launch the world’s first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050. The savings bonds will fund projects …

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‘Ignorance of rules, the major root cause for road accidents’

Despite penal laws and awareness programmes, people have not changed: HC In a significant order passed recently, the Madurai Bench of the Madras High Court observed that it was high time the stakeholders had a rethink on fixing the blame on drivers of big vehicles in road accidents involving big and small vehicles. The court …

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