CSR

PM CARES Fund: Damaging NGOs, witnessing stiff downfall in donations

Amid the coronavirus pandemic, Prime Minister announced the creation of the PM CARES Fund on 28 March but it turned out to be a challenge and damaging the many organizations that rely on CSR as half of the CSR fundings goes to PM-CARES fund and others COVID relief funds. Amid the coronavirus pandemic, Prime Minister …

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Mphasis is helping people with Magic!

Mphasis F1 Foundation – the CSR arm of Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced support of Magic Bus India Foundation to distribute 2,300 dry ration kits to 1,150 households (5,770 people) impacted by COVID-19 in India’s Bengaluru and Hyderabad regions. More than 346,200 meals, representing a months’ supply, will …

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CSR activities moving from an option to an opportunity

Three unrelated developments have the potential to make corporate social responsibility (CSR) initiatives necessary monitorable for the average investor: Companies under pressure to act responsibly: Social movements garner public support and sympathy – compelling companies to demonstrate their support. Socially responsible actions of companies are coming at a cost that investors need to be aware …

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Volkswagen India adds wheels to health care

ŠKODA AUTO Volkswagen India handed its Mobile Health Clinic Van to the Karanjvihire Primary Healthcare Centre (PHC) that will help the medical staff medical consultation to around 12 villages including the including ŠAVW plant area in Pune. The same was handed over by Gurpratap Boparai, Managing Director, ŠKODA AUTO Volkswagen India Pvt Ltd to Khed …

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COVID-19: New normal will witness more businesses supporting CSR

New Delhi [India], July 2 (ANI/NewsVoir): All the company stakeholders and public at large is seeking to know whether their beloved brands are investing in CSR or not, as the purpose of corporate social responsibility today stands beyond merely being a legal obligation. CSR is a necessary corporate strategy and a core business requirement in …

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