CSR

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WorldView: What SME corporate social responsibility looks like

For a young and growing business it may not be high up on the agenda, but Office Space in Town explains why SME corporate social responsibility makes sense. This month, I have been thinking about Office Space in Town’s continued growth and expansion – the increasing numbers of employees we hire, the wide array of …

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CSR Violations: Govt serves show-cause notices to 1,018 cos

The government recently said show-cause notices have been issued to 1,018 firms for violating CSR norms under the companies law. Certain class of profitable companies have to shell out at least 2 per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities under the Companies Act, 2013.

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Bosch adopting Govt schools under its CSR activity

Once considered the worst in the district, with teachers fearing to go there for classes due to presence of venomous snakes and a haven for anti-socials, a government school in Coimbatore has now become one of the best with 100 per cent result in the 10th standard exams last year.     This was made …

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India’s business houses increasingly rely on NGOs for spending corporate social responsibility funds: Crisil

India’s top consultants, Crisil, in its latest “CSR Yearbook”, have said that Indian companies’ attitude towards corporate social responsibility (CSR) “seems to be changing ever so slowly” even though they are “realising that businesses can sustain and thrive only if the communities they serve also endure and flourish.” Noting that in fiscal 2016, India Inc …

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