India CSR Law

Guidelines needed to monitor corporates’ CSR spending: Tata

Tata Sons Chairman Emeritus said corporate social responsibility (CSR) must come form one’s heart. “I don’t think you can make it (CSR) into a tax which is 2 per cent of your net profit.Eminent business leader Ratan Tata said there should be some guidelines to monitor spending of CSR funds by corporates as there might …

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This isn’t the first time Nestle’s ducked corporate responsibility

A day after Nestle withdrew Maggi noodles from sale in India due to “an environment of confusion for consumers”, following a food scare sparked by reports of excess lead in some packets of the popular instant snack, the FMGC major has rushed into a series of knee jerk responses that hardly amount to damage control. …

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From solar energy to gender-equity, CSR spends chart different paths

  Maneesh Garg and Urmila Joshi, principals of two government schools in Rajasthan, no longer complain about poor attendance even if temperature rises to 40 degree Celsius or above in the desert State.   Till recent years, attendance used to plunge in proportion to the rise in temperature. With erratic electricity supply, the situation became …

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MBA Careers Pack Social Impact As Schools Hone Corporate Responsibility

  Future business leaders are demanding an education that prepares them for grappling with the intersection of business, government and society. The role of business in society has never been greater. The case for corporate responsibility strategies like product innovation, resource efficiency and diverse workforces grows ever stronger. But where demands on businesses to take …

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Creating enabling environment for CSR spending in India

With completion of a year for enactment of new Companies Act and notification of rules for Corporate Social Responsibility (CSR) spending, a lot of action is expected on the grounds in the current fiscal. In an interview, Dr Bhaskar Chatterjee, director general and CEO of Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, explains …

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