CSR

  • Hyderabad: Cyient to make 3,500 engineering students job-ready September 9, 2014

    Hyderabad: The CSR arm of Hyderabad-based engineering services company Cyient Ltd on Tuesday announced the launch of two programmes related to skill development and digital literacy. Through the programmes, Cyient Foundation aims at skill development to make engineering graduates employable, and empower neighbourhood communities to participate actively in Digital India. It...
  • Swachh Bharat Abhiyan: L&T to build 5,000 toilets across India August 31, 2014

    New Delhi: In a corporate social responsibility initiative, infrastructure conglomerate L&T will build 5,000 toilets, the company announced on Sunday. "AM Naik, group executive chairman, announced a major CSR initiative that would add traction to the 'Swachh Bharat Abhiyan' programme recently launched by Prime Minister Narendra Modi on Independence Day," L&T...
  • Slum area development' to be considered CSR activity: Government August 10, 2014

    New Delhi: Expanding the ambit, works carried out by corporates for slum area development will be now considered as social welfare spending activity under the new companies law. Under the Companies Act, 2013, certain class of profitable companies are required to shell out at least 2 per cent of three-year annual...
  • Bihar-born Sulabh International founder gets NGO leadership award February 19, 2014

    Social activist and Sulabh International founder Bindeshwar Pathak has been awarded for his work in the field of public sanitation. The 'NGO Leadership and Excellence Award', instituted by the World CSR Congress, was given to Pathak on the occasion of the World CSR Day on Tuesday and comprises a trophy and...
  • Raman Singh promises to resolve investors' grievances January 22, 2014

    Chhattisgarh Chief Minister Raman Singh has assured investors and entrepreneurs to address their grievances, including problems in approval for electricity, water, land and environment clearance. Singh also advised the industrialists to maintain a good communication with villagers of the areas where they are investing as part of Corporate Social Responsibility (CSR),...
  • Rohini and Nandan Nilekani: The conscious givers December 23, 2013

    Award: Outstanding Philanthropist Rohini and Nandan Nilekani Age: Rohini-54, Nandan-58 Why They Won: For having given nearly Rs 350 crore, especially to ideas which CSR doesn't fund. Rohini has committed to giving Rs 20 crore every year; Nandan has spent five years at UIDAI as part of the 'giving back to society'...
  • Religious contributions by corporates not CSR activity: Sachin Pilot October 4, 2013

    New Delhi: Corporate Affairs Minister Sachin Pilot Friday said religious contributions by corporates should not be considered as corporate social responsibility (CSR) activity. "Religious contributions by corporates should not be considered as CSR. For a corporate entity to do religious donations, I don't think it constitutes a part of CSR," he...
  • Ministry of Corporate Affairs writes to state govt over CSR September 27, 2013

    Ministry of Corporate Affairs has written to the Chattisgarh government on the state's proposed CSR policy which reportedly asks certain companies to contribute funds to a Chief Minister Community Development Fund as part of Corporate Social Responsibility norms. The proposed move comes at a time when the Centre has notified the...
  • Govt to use CSR budgets to build student hostels in Naxal-hit areas August 8, 2013

    Chhattisgarh government has planned to construct hostels for students in Naxal-affected areas through public-private-partnership (PPP) mode, using the Corporate Social Responsibility budgets of corporates. The hostels will be built using the Corporate Social Responsibility (CSR) funds of industries operating in Chhattisgarh, Scheduled Tribe/Scheduled Caste Development Minister Kedar Kashyap said in Raipur...
  • CBI probing irregularities in SAIL's CSR program March 18, 2013

    New Delhi: The Central Bureau of Investigation has initiated investigations in two cases relating to alleged irregularities in steel major SAIL's (Steel Authority of India) corporate social responsibility (CSR) activities, Parliament was informed on Monday. "The CBI has since initiated investigation in two cases relating to irregularities in CSR activities...
  • Is government's moves to force CSR diktat out of line? March 13, 2013

    These days, any conversation on Corporate Social Responsibility (CSR) tends to evoke a very strong response. That's because there is a large section of business leaders who believe that the government's move to force companies of a certain size to spend at least 2 per cent of their profits on...
  • Time for great self reflection: CSR director on Delhi gangrape January 5, 2013

    Ranjana Kumari, Director of Centre for Social Research, has slammed the police and the people, who did nothing to help the 23-year-old braveheart and her male friend after they were thrown out of a moving bus by the six accused. "I think it is time for tremendous self reflection and...
  • Bharatpur: Pharma firm's initiative to end poverty September 7, 2012

    Bharatpur: Corporate social responsibility is becoming more than a buzz word. A pharma company's CSR initiative is aiming to make Bharatpur in Rajasthan, India's first poverty free district in the next few years. Lupin Foundation, the pharma company, is helping employ thousands of villagers. Shyam Kishore, 30, is a poultry farmer. In...
  • Samsung buys chipmaker CSR's handset technology July 17, 2012

    London: British chip firm CSR has sold its mobile phone connectivity and location technology to Samsung for $310 million in cash in a deal that boosts the South Korean company's patent portfolio. Samsung will also invest $34.4 million in buying a 4.9 per cent stake in CSR at a price of...
  • Azim Premji slams Govt's proposed CSR law March 25, 2011

    New Delhi: The Centre's proposed law making spending on Corporate Social Responsibility (CSR) mandatory is drawing heavy criticism from India Inc. Slamming the government's proposed move saying legislation will bring in abuse, India's biggest philanthropist Azim Premji says there is no need for a law on mandatory CSR spending. Speaking at a...
  • Satyam wins Corporate Social Responsibility award October 3, 2007

    Hyderabad: Satyam Computer Services has won the Asian Corporate Social Responsibility award under poverty alleviation category. Satyam was honoured for its GramIT (Rural BPO) programme, an initiative of the Byrraju Foundation, a NGO founded by Satyam Ch airman and Founder B Ramalinga Raju. The Byrraju Foundation is dedicated to rural...