Business Ethics & Philanthropy

According to data furnished by the Ministry of Heavy Industries and Public Enterprises, a total of 152 central public sector units (PSUs) spent only INR 3,442.38 crore out of the allocated funds of INR 6,024.81 for CSR in FY 2017-18, leaving rest of INR 2,582.43 crore untouched. On a year-on-year basis, the CSR funding by...

Corporate Social Responsibility (CSR) has become a buzzword in the corporate world. Every year, businesses of all sizes belonging to every industry spend billions of dollars across the globe on CSR. It represents a tremendous opportunity for businesses to build trust, bolster their reputation, and give back to the community. A lot is at stake...

Over the last few decades, India has witnessed a fast-paced urban growth of its cities accompanied by population and economic growth. This rapid urbanization has led to multiple social and environmental issues that are currently being faced by several metro cities in the country, including those related to satisfying the mobility needs of its...

AI and Machine learning have slowly started to make a place for itself in every aspect of a corporate organisation. One of the main purposes of employing this technology is to improve the efficiency of processes by reducing human biases. This was especially true for its employment in recruitment practices. In fact, it was argued...

"Today companies in India are realising the importance of technologies that offer a win-win solution in terms of moving beyond business compliance to achieving leadership in demonstrating care for safety, environment and well-being of all stakeholders," says Praveer Sinha who has over three decades of experience in the power sector and has been credited...

“Access to water was always an issue for us. Treading miles and for hours in a day to meet our water requirement was a daily routine. It would lead to my seven-year-old daughter missing school often to help me out,” laments Vasanti Belsare, a 32-year-old resident from Bhandri village in Maharashtra. Millions of rural...

Children are the hope of a bright and shining future of our country. It is only if we nourish them today, will they turn out to be the responsible citizens who will make us proud tomorrow. India recognizes this and being a welfare state, it launches various initiatives for the benefit of children. 14th November...

Going green has become a profitable business strategy considering the contemporary environmental scenario. With rising awareness about climate change, more and more people are demanding the corporates to adopt green business practices and provide the customers with environment-friendly products and services. Green business practices not only open a new market of environment lovers, but...

The idea of Corporate Social Responsibility (CSR) has been a topic of discussion since the 1950s. However, it wasn’t until much later that people started understanding its meaning, significance and impact. CSR, in the form that we see today, became popular after it was defined by Archie Carroll’s “Pyramid of Corporate Social Responsibility” in...

Apart from Rajasthan, the latest news is that Punjab will have a CSR advisory board with the CM at the helm. In a bid to streamline various CSR activities and to create a neutral platform involving all the stakeholders, the Punjab Cabinet last week approved the constitution of Punjab Corporate Social Responsibility (CSR) Advisory...

APL Apollo launched its Steel for Green initiative at the ITC Grand Bharat in Gururgam. The Steel for Green initiative signals a major move towards environmental consciousness and sustainability. Which is why the event saw participation from APL Apollo’s dealers across the country along with company employees across the organizational hierarchy. The Chief Guests at...

Rajasthan government has constituted Rajasthan Corporate Social Responsibility Authority for effective implementation of Corporate Social Responsibility (CSR) activities, proper utilisation of CSR funds and high level monitoring. Chief Secretary at the helm An 18-member authority, constituted under the chairmanship of the Chief Secretary, will guide about CSR provisions and activities under the Indian Companies Act by...