NEW DELHI: The country’s top 75 companies spent more than Rs 4,000 crore towards corporate social responsibility in the last fiscal, the first year after the government mandated bigger companies to give away a part of their profits for social work, early estimates of the government show.Big CSR spenders include Reliance Industries with Rs 760 …
Top 75 companies spent Rs 4,000 crore on CSR in 2015 Read More »
From sponsoring the local Little League to developing environmentally-responsible technologies, US companies have long invested in philanthropy and corporate social responsibility. Today, they spend an estimated $2 billion in cause marketing and another $14 billion in corporate philanthropy (IEG, Giving USA). And for many leading companies, from Wal-Mart to JPMorgan Chase, that means investing literally …
Here’s how ethical business can be good business, too Read More »
Jammu – On 22nd August, 2015 JK Bank held 77th Annual General Meeting (AGM) of the shareholders. Besides transacting statutory business the annual accounts of the Bank (2014-15) were discussed by the shareholders preferably those having expertise in financial analysis. The chairman of the Bank responded very comfortably and convincingly to all the queries.The annual …
With companies that fall under the ambit of the new guidelines of Corporate Social Responsibility (CSR) likely to report about their activities from this month, the trust deficit between them and NGOs is likely to reduce, a senior functionary in this field said. “Over the years, a fairly large trust deficit has developed between NGOs …
‘CSR law will reduce trust deficit between corporates, NGOs’ Read More »
In a disappointing start to the much-touted CSR regime, a vast majority of the country’s top blue-chip companies have failed to spend the minimum 2 per cent of profits on social responsibility activities in the first year by missing the target by one-third on an average. Collectively, the 30 Sensex companies are estimated to have …
Sensex firms miss Corporate Social Responsibility threshold by 30%; only 7 firms comply Read More »
