CSR

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Education and skill development may attract more CSR funds

To promote higher education, Arun Jaitley said the government will set up a Higher Education Financing Agency with an initial capital base of Rs1,000 crore  Taking a cue from the Union budget 2016-17, companies are likely to spend their corporate social responsibility (CSR) funds on higher education, skill development and job creation in the next …

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Marketing key to return on corporate social responsibility investment

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 College …

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Video – The social responsibility of business

Alex Edmans talks about the long-term impacts of social responsibility and challenges the idea that caring for society is at the expense of profit. Alex is a Professor of Finance at London Business School. Alex graduated top of his class from Oxford University and then worked for Morgan Stanley in investment banking (London) and fixed …

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Reliance Industries tops CSR spending chart

Reliance Industries has emerged as the top company in terms of corporate social responsibility (CSR), having spent over Rs. 760 crore, followed by state-owned ONGC and IT giant Infosys, Parliament was informed today. In a written reply to Lok Sabha, Finance Minister Arun Jaitley said a total of 460 listed firms have so far disclosed …

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