Consumer goods companies’ share to CSR rose by 57% in 2014-15, in its first year of implementation as under Companies Act 2013 As more and more companies publish their annual reports, the gradual swelling of the Corporate Social Responsibility (CSR) kitty is evident from the numbers. Consumer goods companies’ share to CSR rose by 57% …
The two firms will use their CSR funds to support innovations that will help in imparting skill training for employment, primary and secondary education and other relevant areas IT services companies Mphasis Ltd and Genpact Ltd along with Nasscom Foundation, the not-for-profit arm of software lobby Nasscom, will give Rs.60 lakh to social innovators who …
Mphasis, Genpact to give Rs.60 lakhs to social innovators as CSR Read More »
In order to promote social development initiatives and create more jobs, the government is planning a policy of creating a domestic venture capital industry.Speaking at an event, Jayant Sinha, Minister of State for Finance said, “One thing that we are trying to do is to create domestic venture capital industry that will also be able …
Venture Capital Industry to Fund CSR Projects Planned Read More »
Gujarat-based companies choose health and education when it comes to corporate social responsibility (CSR) programmes. These two sectors account for around 90% of the amount spent on CSR.In fiscal 2014-15, health and education topped the list of several Gujarati companies such as Adani Port and SEZ Ltd (APSEZ), Cadila Healthcare, Torrent Power, Cera Sanitaryware Ltd …
Health, education get Gujarat companies’ 90% CSR spend Read More »
Lack of trust in NGOs that come knocking for money one of the main reasons for ‘distrust’ Why are corporates so tight-fisted when it comes to charity? The reason is not the non-availability of funds but the lack of trust in the many NGOs that come knocking on their doors for money.Experts in the field …
Why are Indian Corporates lagging behind in CSR? Read More »
