Corporate Social Responsibility

  • 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),...
  • 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...
  • Companies Bill: Corporate Social Responsibility mandatory December 20, 2012

    The Companies Bill has been approved by the Lok Sabha. The Bill covers everything and replaces the earlier Companies Act of 1956. In an interview to CNBC-TV18, Hitesh Jain, partner at ALMT Legal speaks about the Companies Bill and gives his outlook going forward. Below is the edited transcript of his...
  • 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...
  • Growing market for speech, hearing-impaired staff September 4, 2012

    New Delhi: The Costa outlet in South Delhi's Green Park is quieter than other cafes. There's comparatively less noise as the people behind the counter can neither speak nor hear. Five years ago, the RJ group began employing such hearing-impaired people at KFC and Costa outlets. Today 145 such employees...
  • Cos Bill may come up in Monsoon Session: Moily June 17, 2012

    New Delhi: The new Companies Bill that rewrites the 56-year-old law incorporating social responsibility obligations on corporates and recasts the Serious Fraud Investigation Office (SFIO) with powers of prosecution and arrest may see the light of the day in the coming Monsoon Session of Parliament. However, the government is not in...
  • Less faith in concept of free market: Arun Maira November 18, 2011

    "There comes a tide in the affairs of men," Shakespeare cautioned. Tsunami warnings are now ringing about the global economy. The global financial system is under stress. Economic growth is stumbling. Confidence in governments is decreasing everywhere. Multilateral institutions like the WTO (World Trade Organization) and IMF (International Monetary Fund),...
  • Tata Steel has an unbeaten track record November 2, 2011

    Name: Tata Steel Why they won: For operating with a higher organisational purpose beyond just maximising profits. For aligning the interests of multiple stakeholders - customers, employees, partners, investors, the community and the environment. For successfully balancing doing well with doing good. It was the early 1990s and Prime Minister PV Narasimha...
  • Tycoons who go beyond riches, enrich people November 23, 2009

    Mehmood Khan grew up in Mewat, Haryana, one of the most backward districts in the country. Hard work and native intelligence took him to London, headquarters to consumer products giant Unilever, where he was head of global innovation. While there, he decided to use his network and business skills to...
  • ICICI goes green, makes offices eco-friendly November 2, 2010

    New Delhi: ICICI Bank has launched a ‘Go Green' initiative across the group to move processes and customers to cost–efficient, automated channels and build awareness about the environment. The initiative is part of the bank’s corporate social responsibility (CSR). Apart from encouraging paperless transactions, the bank’s ‘Instabanking’ facility, gives customers the...
  • Don’t drink and drive, warns SRK February 2, 2008

    New Delhi: There is a good enough reason for Bollywood King Khan, Shah Rukh to keep coming back to Delhi. “When ever I come to Delhi, people praise me. They call me smart, handsome and articulate,” says Shah Rukh. This time, the actor was in Delhi, to support a whiskey brand's...