Business Ethics & Philanthropy

Addressing the 15th National Convention of Global Compact Network India (GCNI), ONGC CMD Shashi Shanker – who is also the President of GCNI – called for deeper collaborative tie-ups of all stakeholders as the country navigates through the unprecedented and changing times. As the President of the Indian arm of the United Nations body, Mr....

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States. The company’s corporate purpose is to save people money and help them live better. It provides convenient access to high-quality, affordable food and other essential products and services to millions of people each week....

Vedanta Sesa Goa Iron Ore business commemorated the occasion of 72nd Republic Day and reaffirmed commitment towards nation-building. On the occasion, the National Flag was unfurled at all the operation units of the company while strictly adhering to Social Distancing guidelines wherein most of the employees participated in celebrations through a virtual platform ensuring...

Cryptocurrencies have been in the limelight lately with what was trading at $100 ten years on bitcoins to now hovering at a whopping $37,000 USD. While the interest for digital currencies remains high, it is important to realise that most people would still prefer the good old fiat currencies that are backed by the...

International trade and investment, and resilient supply chains are indispensable for recovery from the COVID-19 pandemic, high-level delegates stressed this week at the Seventh Session of the Committee on Trade and Investment convened by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). With the pandemic coming on top of trade...

We will agree that the year 2020 has been a roller-coaster ride for all businesses. While COVID - 19 created challenges for businesses, it also revealed the ‘human side’ of large and small enterprises alike. 2020 saw an unprecedented alignment in business and ESG agendas. Moving forward, 2021 will be recognized as the year...

Corporate ethics are front and centre after the year 2020. Last year brought us the COVID-19 pandemic, Black Lives Matter protests in the wake of George Floyd’s death, the shocking Capitol Riots, and anti-CAA and farmers protests on a massive scale in India. These happenings have forced brands to reconsider their purpose. In fact,...

Along with a growing coalition of business leaders across industries, Mahindra Group announced its commitment to implement the Stakeholder Capitalism Metrics. These are a set of environmental, social and governance (ESG) metrics and disclosures released by the World Economic Forum (WEF) and its International Business Council (IBC) that measure the long-term enterprise value creation...

Mahindra and Mahindra Limited, the flagship company of the Mahindra Group is a mobility products and farm solutions provider. The company has grown rapidly since its inception in 1947. It currently offers a wide range of products and solutions ranging from SUVs to electric vehicles, pickups, commercial vehicles, tractors, two-wheelers and construction equipment. Mahindra focuses...

The government of India has made significant amendments to the CSR law in order to provide greater transparency and flexibility to the corporate sector. Let us understand these amendments made to the CSR section of the Companies Act. Monetary Penalty One of the amendments relates to the non-compliance of the law. According to the government order,...

The annual Budget 2021 planning process is underway. Last year hit everyone like a tonne of bricks. Not only did the COVID-19 pandemic deal a crippling blow to the economy, it left millions jobless. A series of cyclones, locust outbreaks and floods led to further loss of life and property in 2020. Budget 2021 Corporate...

Logitech is a world leader in designing, manufacturing and marketing products that help connect people to digital and cloud experiences. As a company, Logitech is small and flexible enough for every person to take the initiative and make things happen but big enough in portfolio and reach for those actions to have a global...