Diabytes
Corporate Social Responsibility News
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Savjibhai Dholakia's Inspiring Success Story: The story of Savjibhai Dholakia stands as a testament to the power of determination and the spirit of benevolence. His journey from a humble background to the pinnacles of success exemplifies the transformative potential of hard work and empathy.
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Prabhgun was suffering from chronic liver disease since the age of four
The lockdown due to Covid-19 worsen her health condition
She underwent the liver transplant for Rs 5 lakh as against the actual cost of Rs 20 lakh
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Only half of the 1,708 companies listed on NSE have a CSR committee in place despite the CSR Act mandating the same.
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Compulsory CSR also flies in the face of Make in India programme.
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The bank has already empowered 750 deprived villages across the country in the last two-and-half years.
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The Mumbai Police will now be able to accept donations from corporates. As per a government resolution (GR) issued by the Maharashtra government on Tuesday, the Mumbai Police can accept donations from all private firms.
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Finance Minister Arun Jaitley also exhorted companies to take up challenging areas for spending their CSR fund.
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Corporate India's social responsibility graph is headed up with 47 percent jump in CSR spend since it became mandatory, with 300 BSE listed companies spending Rs 6,871 crore on this front in 2016-17, says a report.
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Overall CSR spends by corporates saw a significant 22 percent rise in 2015-16, with bulk of the money going into education, skills development, healthcare and sanitation initiatives, a research report said.
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India's IT major Tata Consultancy Services (TCS) has been awarded the Gold rating certificate by a world-leading independent corporate social responsibility (CSR) advisory firm for environmental sustainability, labor practices and business operations.
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India's pharmaceutical giant Cipla and consumer goods conglomerate Godrej have been recognised by Fortune magazine in a list of global firms changing the world for the good and having a positive social impact through their activities.
Government is amending the form for furnishing annual financial statements under the companies law as part of efforts to ensure that CSR spending figures are reported in a proper manner.
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A co-ordination committee has been formed as part of the measure aimed at filling the funding gap in the sector and improving quality of education.
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Stating that the meaning of the maximising of shareholders' value has gone through a change, Rajan gave example of "a bunch of employees contributing a huge value to a firm", but the benefits of the value actually going to the shareholders.
The nation's largest lender State Bank of India (SBI) has created a separate company, SBI Foundation, to carry out its massive CSR initiatives and hopes to get it "running" from July.
Reliance Life Insurance will add 20,000 agents during the next financial year, a company official said today.
Institute of Company Secretaries of India (ICSI) is for introduction of audit of Corporate Social Responsibility (CSR) activity.
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The CSR norms came into effect from April 1 last year through the Companies Act, 2013, which is being implemented by the Corporate Affairs Ministry.
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