Business Ethics & Philanthropy

In today’s world where sustainability and responsible business practice is no longer an option, a dilemma has emerged in the pharma sector regarding the conflict between corporate social responsibility and IPR. Pharma companies have a huge responsibility on their shoulders, especially in current times with the outbreak of COVID-19 pandemic. The rapid spreading of the...

In the wake of coronavirus crisis, TATA Power-DDL has made necessary arrangements to ensure uninterrupted power supply to its 7 million consumers in North Delhi. It is providing uninterrupted power supply to several essential and critical services like Hospitals, Laboratories, Pharmacies, Grocery Stores, Cooking Gas Bottling Plants, Delhi Jal Board Plants and powering millions...

The world has been under siege since the outbreak of Coronavirus Disease (COVID-19), with most of the countries worldwide under partial lockdown forced into compulsory quarantine and social distancing, thereby resulting in the downfall of several industries globally. However, this lockdown has given much-needed respite to nature. Thus, the environment has become a beneficiary...

"I will not step outside the house at all. I have heard, that helicopters are going to spray some medicine in the air and it will cause me to catch the virus," said Dilip, a farmer in Kera village of Gujarat. "I have heard, even talking on the phone for a long time can get...

The outbreak of the COVID-19 pandemic has given rise to a range of problems across the world. A major hit was observed in the global economy, there was a rise in cases of domestic violence across the globe and another problem that has come under the spectrum is that of the rising number of...

Lockdown has been imposed in India for an extended period of time in order to fight against the rapid spread of COVID-19. People are locked in their homes with either no or very less work to do, considering that many of the businesses are not functioning at this point. This has left a lot...

It is no longer enough for businesses to simply buy and sell their products and services without considering the world in which they operate. The term “corporate social responsibility” came into common use in the late 1960s and early 1970s after many multinational corporations formed the term stakeholders, which meant those on whom organization...

The Ministry of Corporate Affairs (MCA) has released the Draft Companies (CSR Policy) Amendment Rules, 2020 proposing amendments to CSR policy rules of the Companies Act, for public comments. Among other things, the new CSR draft rules will clamp down on trusts and foundations to avoid misuse of CSR funds. In the past, charitable trusts...

75 per cent of the surface of the earth is covered with water. In fact, the life on earth for the first time originated in water rather than land. However, 97 per cent of this water is in the oceans making it unfit for everyday use. Of the remaining three per cent, a huge...

In a week, India has seen a huge rise in the number of people affected by Coronavirus. A developing country like India which is still building its health infrastructure is way behind the developed countries of the western world and autocratic nations like China. Billionaires and corporations all over the world are making huge donations...

Providing shared infrastructure and technology to the Indian government is one of the ways corporates are lending a hand in nation building. One such case is eGovernments (eGov) Foundation, which was established by Nandan Nilekani and Srikanth Nadhamuni to solve hard-to-crack urban challenges. Using technology and collaborative solutions, eGov Foundation empowers the urban ecosystem...

Holi is a very popular Indian festival celebrated in the Indian subcontinent since ages and signifies the victory of good over evil. The festival is celebrated in the spring, welcomes the summer and marks the beginning of the harvest season. The spread of the novel coronavirus has led to muted Holi celebrations in India....