Business Ethics & Philanthropy

India today has a cumulative trucking fleet capacity of over 3.3 million vehicles but over 20 percent of vehicles are lying idle because there aren’t enough skilled drivers to ensure their commercial utilisation. 10 companies came together & took up a wp initiative improve the situation

Long before the spotlight turned on Banaras after Prime Minister Narendra Modi chose the temple town as his constituency, handloom weavers of Banaras found support, patronage, and deliverance from near extinction from the Taj Group of Hotels

IDEALLY, a good deed shouldn’t expect anything in return. But with 2 percent of their profits being diverted to Corporate Social Responsibility initiatives under mandatory legislation, even the most generous of qualifying companies are looking to minimize the effect of the blow to their coffers. Sources in the Corporate Affairs Ministry confirm heavy lobbying is...

In a communication to the Finance Minister, the international roads advocacy group has demanded 100 percent tax exemption for corporate houses, NGOs, industry, individuals in its road safety programmes

They still call him Raj the Cycle Chalao guy in some parts. But today, Raj Jaganam has covered 200 km of villages, to find and fund the best of early-stage social entrepreneurs till they find their footing

At the surface level, it seems to be an initiative which only has brownie points to showcase. And in formal conversations, no stakeholder is holding back any praising term to underline the good intentions it quintessentially carries. Corporate Social Responsibility (wp) laws which came into the effect this April and provisions for a mandatory...

The Comptroller & Audit General of India (CAG) has revealed a ‘serious lack of initiative, implementation and desire to implement Corporate Social Responsibility’ scheme in at least 41 out of 110 central public sector enterprises (CPSE’s)

UNFPA has partnered with sustainability management company NextGen to provide a cloud and mobile enabled platform for corporates to channel Corporate Social Responsibility funding for the benefit of adolescent girls. The NextGen-developed cloud and mobile solution, called ‘p3’, provides a monitoring, evaluation, reporting and impact assessment for the projects by participating companies using the...

NEW DELHI: Samsung India has contributed Rs 2.92 crore to the Prime Minister’s National Relief Fund. The cheque was recently handed over to the Prime Minister’s Office by Mr. Hyun Woo Bang, Senior VP and Chief Relations Officer of Samsung India and Mr. Dipesh Shah, Senior VP and Deputy MD of Samsung Research India-Bangalore....

THE notion of luxury harkens comfort, excess, decadence. ‘Eco-friendly’ and ‘sustainable’ it rarely is. Indeed, one often feel sustainability and luxury cannot go hand in hand. But in an attempt to turn this conventional notion on its head is the Taj group of hotels. Recently, nine Taj properties were awarded with Gold Certification by...

MINING major Indian Metals and Ferro Alloys Ltd. (IMFA) has reported a Rs. 4.1 crore wp spend for 2013-14, in its Annual Report 2013-14 published recently. IMFA’s wp arm, the Bansidhar & Ila Panda Foundation (BIPF), has been creating economic and social opportunities for people at the bottom of the social pyramid, and aims...

NOVARTIS has published a Corporate Responsibility (CR) Performance Report for 2013. The report reflects the best-in-class reporting standard, the Global Reporting Initiative’s (GRI) G4 guidelines, one year in advance of required implementation. “Our corporate responsibility work is embedded in our business strategy, which is to use science-based innovation to improve patient health around the world....