Business Ethics & Philanthropy

‘Roti, Kapada, and Makaan’ are recognised as the basic needs for human survival. Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort. The housing organisation has become a leading global non-profit working in more than 70 countries. In India since 1983, Habitat...

India is the only country in the world with a legislature on mandatory CSR. The biggest corporations in the country are obligated to spend 2 per cent of their net profits under Corporate Social Responsibility, according to Company’s Act 2013. As part of our series of CSR rankings, here is a glimpse of the CSR...

MG Motor India has signed MOUs with 22 colleges as part of its MG Nurture program to upskill more than 25,000 students in four years. What is the MG Nurture Program? MG Nurture is an initiative that intends to impart future-ready skills to students by way of hands-on and experiential training on EVs and Autonomous and...

The city of Golden threads and palaces, Murshidabad plays a crucial role in the history of Bengal. Located near the Bhagirathi river, Murshidabad is known for being the residence of the Nawab Murshid Quli Khan (Murshidabad was named after him), Nawab Siraj-ud-Daula and other nawabs of Bengal. It was the capital of Subah Bengal...

National Youth Day is observed in India on the 12th Jan every year to commemorate the birth anniversary of Swami Vivekananda. The was established by the government of India in 1984 in order to honour and recognise the teachings of Swami Vivekananda. The theme of the National Youth Day 2023 is 'Viksit Yuva, Viksit Bharat.'...

Piramal Group Chairperson Ajay Piramal met Chief Minister of Assam Himanta Biswa Sarma last week and discussed Corporate Social Responsibility (CSR) initiatives by Piramal Foundation in the state. Sharing pictures from the meeting, the official Twitter handle of the Chief Minister Assam tweeted on Friday, “CM Dr @himantabiswa had a fruitful meeting with Shri @AjayPiramal,...

Pravasi Bharatiya Divas (PBD) is celebrated once every two years to solidify the engagement of the Indian diaspora with the government of India and to aid them in reconnecting with their roots. The day has been celebrated since 2003 to commemorate the return of Mahatma Gandhi from South Africa to India in 1915. A convention...

After inviting Indian business to the Uttar Pradesh Global Investors Summit in the financial hub of Mumbai, Chief Minister Yogi Adityanath returned to Uttar Pradesh with investment offers apparently totalling more than Rs 5 lakh crore. During the Chief Minister's two-day visit to Mumbai, industrialists from significant groups like Reliance, Tata Sons, Adani, Godrej, Birla,...

Steel Authority of India Limited, also known as SAIL, is a central public sector undertaking with headquarters in New Delhi, India. The company is under the ownership of the Ministry of Steel, Government of India, with an annual turnover of INR 1,03,480 Crore for the fiscal year 2021–22. 1. CSR of SAIL According to the Company’s...

The Reserve Bank of India (RBI) announced on Monday that State Bank of India (SBI), ICICI Bank, and HDFC Bank continue to remain India’s Domestic Systemically Important Banks (D-SIBs). This means, these banks are 'too-big-to-fail' i.e, their failure can negatively impact our entire financial system leading to a situation of instability. Playing a crucial role...

The nonprofit sector of our country serves as the infrastructure for corporate social responsibility. NGOs, or non-governmental organisations, are important players in this area, putting CSR strategies into practice and carrying out a variety of humanitarian programmes. The Ministry of Corporate Affairs' (MCA) CSR regulations give specific weight to an NGO's position as a...

According to data available from the Union ministry of corporate affairs, India Inc. used the largest portion of its compulsory Corporate Social Responsibility (CSR) fund in the education sector during FY16-17 and FY20-21, followed by the health and rural development sectors. The education sector received 29,918 crores in CSR grants throughout these five fiscal years....