Business Ethics & Philanthropy

The Registrar of Companies (RoC), Mumbai region has reportedly imposed a whopping amount of Rs 1 crore as penalty on RHI Magnesita India Ltd, a leading supplier of high-grade refractory products for allegedly failing to utilise its Corporate Social Responsibility or CSR funds. According to a news report, the RoC has penalised the company for...

Corporate social responsibility (CSR) spending in India for the financial year 2021-22 remained stagnant at Rs. 14.6k crore, which is the same as the previous year. The country has significant social and environmental issues that require attention, making the lack of increase in spending surprising. According to a recent study, companies have also failed...

Of the 17 Sustainable Development Goals established by the United Nations in September 2015, Sustainable Development Goal 4 or SDG 4 is about quality education. Sustainable Development Goal 4 aims at ensuring inclusive and equitable quality education and promoting lifelong learning opportunities for all. Lotus Petal Foundation is an NGO that works in the area...

In recent years, the fashion industry has seen a significant rise in the popularity of fast fashion. Temu, an e-commerce platform, is also joining the ranks of fast fashion retailers. With the rise of e-commerce and online shopping, Temu has quickly become a dominant force in the industry, catering to consumers who prefer the...

Visakhapatnam, also known as Vizag is a port city in the state of Andhra Pradesh. The city is blessed for its natural harbour, attracting a flourishing shipping industry within its borders. In order to further promote the industries, the government has set up special economic zones in the port city, which attracts a lot...

World Red Cross Day and Red Crescent Day is celebrated on 8th May every year by the Red Cross society across all the countries. This day marks the birth anniversary of founder of the International Committee of the Red Cross, Henry Dunant, who was born on 8 May 1828. The first 'International Red Cross...

Kochi, the city formerly known as Cochin, is one of the fastest growing second-tier metros in India. Kochi was known as the Queen of the Arabian Sea, because ships from Asian and European countries were visiting her port since the 14th century. With its interesting monuments and forts, geographic peculiarities and emerging cosmopolitan nature,...

Sustainable Development Goal 17 (SDG 17) aims to strengthen the means of implementation and revitalize global partnerships for sustainable development. It emphasizes the importance of collaborative partnerships between governments, the private sector, civil society, and other stakeholders to achieve the sustainable development goals (SDGs) set by the United Nations. Corporates have been contributing to...

Sustainable Development Goal 16 is one of the 17 goals set by the United Nations as part of the 2030 Agenda for Sustainable Development. It focuses on promoting peaceful and inclusive societies for sustainable development, providing access to justice for all, and building effective, accountable, and inclusive institutions at all levels. SDG 16 is particularly...

Sustainable Development Goal 15 (SDG 15) focuses on preserving and restoring terrestrial ecosystems and ensuring their sustainable use. The goal aims to halt biodiversity loss, protect endangered species, and promote sustainable forest management, among other things. In India, SDG 15 is particularly relevant, given the country's rich biodiversity and the dependence of millions of...

Here is good news for commuters of Mumbai Metro! Senior citizens, specially abled ‘Divyang’ and students can now enjoy traveling in Mumbai Metro at discounted rates. This announcement has been made by the honourable Chief Minister of Maharashtra Eknath Shinde as a special gift to the residents of Mumbai for the occasion of Maharashtra...

Sustainable Development Goal 13 (SDG 13) is one of the 17 goals established by the United Nations General Assembly in 2015 as part of the 2030 Agenda for Sustainable Development. The goal aims to take urgent action to combat climate change and its impacts. Climate change is a global problem that threatens the very...