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Corporate Social Responsibility News

Savjibhai Dholakia

20 Aug 2023

Cars, Cash, Jewellery: The Diamond Merchant Who Rewards Employees With Luxury

Savjibhai Dholakia's Inspiring Success Story: The story of Savjibhai Dholakia stands as a testament to the power of determination and the spirit of benevolence. His journey from a humble background to the pinnacles of success exemplifies the transformative potential of hard work and empathy.

organ transplant

19 Apr 2022

CSR and crowdfunding give a new life to Eight-year-old girl

Prabhgun was suffering from chronic liver disease since the age of four The lockdown due to Covid-19 worsen her health condition She underwent the liver transplant for Rs 5 lakh as against the actual cost of Rs 20 lakh

28 Nov 2018

No takers for Rs 1,717 crore of CSR funds in FY18: Report

Only half of the 1,708 companies listed on NSE have a CSR committee in place despite the CSR Act mandating the same.

Getting It Right

29 Jun 2018

Mandatory CSR: Morally reprehensible, logically repugnant, and wasteful

Compulsory CSR also flies in the face of Make in India programme.

23 Nov 2017

HDFC Bank to develop 1,000 villages under CSR by FY'19

The bank has already empowered 750 deprived villages across the country in the last two-and-half years.

24 Oct 2017

Mumbai Police can now accept donations from corporates. Conditions applied

The Mumbai Police will now be able to accept donations from corporates. As per a government resolution (GR) issued by the Maharashtra government on Tuesday, the Mumbai Police can accept donations from all private firms.

18 Oct 2017

IIT Kharagpur partnering NGOs, corporates to shape their CSR initiatives

26 Sep 2017

FM Jaitley sees CSR spending potential of Rs 14,000 crore

Finance Minister Arun Jaitley also exhorted companies to take up challenging areas for spending their CSR fund.

Corporate Social Responsibility

31 Aug 2017

Companies get socially more responsible, CSR spend up 47%: Report

Corporate India's social responsibility graph is headed up with 47 percent jump in CSR spend since it became mandatory, with 300 BSE listed companies spending Rs 6,871 crore on this front in 2016-17, says a report.

17 Apr 2017

Dr Subhash Chandra speaks on release of Corporate Social Responsibility report in Delhi

30 Jan 2017

CSR spends by corporates jump 22% to Rs 8,300 cr in FY16

Overall CSR spends by corporates saw a significant 22 percent rise in 2015-16, with bulk of the money going into education, skills development, healthcare and sanitation initiatives, a research report said.

Tata Consultancy Services

21 Sep 2016

TCS awarded for leading CSR practices

India's IT major Tata Consultancy Services (TCS) has been awarded the Gold rating certificate by a world-leading independent corporate social responsibility (CSR) advisory firm for environmental sustainability, labor practices and business operations.

19 Aug 2016

Cipla, Godrej recognised in Fortune 'Change the World' list

India's pharmaceutical giant Cipla and consumer goods conglomerate Godrej have been recognised by Fortune magazine in a list of global firms changing the world for the good and having a positive social impact through their activities.

15 Aug 2016

CSR data: Govt tweaking annual filing form for companies

Government is amending the form for furnishing annual financial statements under the companies law as part of efforts to ensure that CSR spending figures are reported in a proper manner.

31 Jul 2016

Haryana to encourage corporates to fund govt school projects

A co-ordination committee has been formed as part of the measure aimed at filling the funding gap in the sector and improving quality of education.

22 Jan 2016

Don't forget society in name of shareholder value: Rajan to companies

Stating that the meaning of the maximising of shareholders' value has gone through a change, Rajan gave example of "a bunch of employees contributing a huge value to a firm", but the benefits of the value actually going to the shareholders.

17 May 2015

SBI creates foundation for group CSR activities

The nation's largest lender State Bank of India (SBI) has created a separate company, SBI Foundation, to carry out its massive CSR initiatives and hopes to get it "running" from July.

24 Mar 2015

Reliance Life to add 20,000 agents in next fiscal

Reliance Life Insurance will add 20,000 agents during the next financial year, a company official said today.

22 Mar 2015

ICSI seeks mandatory audit for CSR activity

Institute of Company Secretaries of India (ICSI) is for introduction of audit of Corporate Social Responsibility (CSR) activity.

15 Feb 2015

CSR spend may grow over 4 times to $2.5 bn: Study

The CSR norms came into effect from April 1 last year through the Companies Act, 2013, which is being implemented by the Corporate Affairs Ministry.

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