India CSR Law - SLSV - A global media & CSR consultancy network

Jan 4 2016January 4, 2016

BSE-listed companies spent Rs 6,400 crore on CSR in fiscal year 2015: Report

Over 1,000 BSE-listed companies together shelled out Rs 6,400 crore towards CSR activities last fiscal, with funds going to education, health and other areas, says a report.The findings are based on an analysis of disclosures made by 1,181 BSE-listed companies, done by CII-ITC Centre of Excellence for Sustainable Development. These firms were required to comply …

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Dec 22 2015December 20, 2015

32 Nifty companies fail to meet CSR limits

Leave a Comment / Brand, Brand CSR, CSR, India CSR Law, Information / By SLSV / December 22, 2015 December 20, 2015

CimplyFive, that offers research and technology based solutions for compliance with the Companies Act, further said that as many as 32 Nifty companies (64 percent) did not spend their prescribed amount for CSR.A majority of top blue-chip listed companies, forming part of benchmark index Nifty, have failed to spend the prescribed amounts for Corporate Social …

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Dec 17 2015December 13, 2015

CSR is starting to play a major role in areas like education and health

Leave a Comment / Brand CSR, CSR, India CSR Law, Information / By SLSV / December 17, 2015 December 13, 2015

Jasbir Grewal, Head, Fortis Charitable Foundation and Executive VP, Fortis Healthcare, discusses the challenges involved in implementing CSR at hospitals in India Is CSR a priority for corporate hospitals in India or is it mere tokenism? Corporate Social Responsibility (CSR) is a priority for Fortis Hospitals. For Fortis, as an organisation, CSR has always been …

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Dec 15 2015December 13, 2015

Public Sector Fails to Utilise 50 Percent of Their Funds Under CSR

Leave a Comment / Brand, Brand CSR, CSR, India CSR Law, Information / By SLSV / December 15, 2015 December 13, 2015

Though the companies act which mandates two percent compulsory corporate social responsibility spending by the companies has been in force for over a year, yet the central public sector companies have not utilised over 50 percent of their funds.The Act may have notable feature in carrying out community welfare activities, but suffers from several lacunae …

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Dec 9 2015December 9, 2015

Penalise firms if they fail to spend 2% of Profits on CSR

Leave a Comment / Brand CSR, CSR, India CSR Law, Information / By SLSV / December 9, 2015 December 9, 2015

A Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2 per cent of their net profit on CSR activities. Currently, the penalty can be imposed for non-disclosure of CSR as per the Companies Act 2013, reports PTI.“There is penalty for non-disclosure, there should be penalty for …

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