Government recently said show cause notices have been issued to 536 firms for non-compliance with CSR norms under the companies law. Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities …
Govt seeks explanation from 536 cos for CSR non-compliance Read More »
The decision to give to charity or develop a more sustainable product should not depend solely on a corporation’s bottom line, but it is certainly a factor. That can complicate the situation for managers who must balance between doing good and keeping shareholders happy, said Sachin Modi, an associate professor in Iowa State University’s …
Marketing Key to Return on Corporate Social Responsibility Investment Read More »
In line with the Year of the Giving, the Mohammed bin Rashid Al Maktoum Foundation (MBRF) has launched a “bundle of training programmes” on Wednesday to help public and private organisations in the UAE identify and implement the international best practices in corporate social responsibility (CSR). Called Qindeel (Arabic word for light) Educational Programmes, the …
Majority of the African states are celebrating golden jubilee of gaining independence. There has been a lot of progress and a lot of the African governments have done great at improving the livelihoods of citizens.
Under the Companies Act, 2013, a certain class of profitable companies are required to spend at least 2 per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) works in a fiscal. As many as 12,431 companies together shelled out more than Rs 18,625 crore towards social welfare activities in the …
Companies spend over Rs 18,600 cr towards CSR in 2 years Read More »
