Business Ethics & Philanthropy

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....

IT has been a little over a year since a natural calamity of catastrophic proportions hit Uttarakhand in which almost 5000 people died and more than 2500 houses were completely destroyed. But the state and its citizens people have barely recovered from the effects of the flash floods, especially those living farther inland.   Now to...

GAIL (India) Limited initiated implementation of a slew of relief measures for the affected families and villagers of Nagaram. This is following the tragic gas pipeline incident in which nineteen people lost their lives and several were injured. The compensation of Rs. 20 lakhs per deceased and Rs. 50,000/- to each of the 19 injured, totaling...

Indian Social Responsibility Network (ISRN), a forum for Corporate Social Responsibility is organising a national seminar on wp for ‘Shreshth Bharat’ on 8th of October, 2014 at Hotel Ashoka, New Delhi to facilitate relationship building between Corporate, NGOs and community towards positive development. The event will be inaugurated by Nirmala Sitharaman, Minister of State Commerce and Industry, Corporate Affairs and Finance as the chief guest and Shreepad Yesso Naik, Minister...

Rising up to Prime Minister, Narendra Modi’s game-changing programme for ensuring a clean India, apex industry body ASSOCHAM has asked its four lakh strong membership to join the Swachch Bharat initiative and will hold a series of programmes to involve profit making companies to spend on building and maintenance of toilets under their mandatory...

MUMBAI: Tata Consultancy Services (BSE: 532540, NSE: TCS), recently announced the restoration of the iconic Rajabai Clock Tower and Library building in coordination with Indian Heritage Society, Mumbai. The Rajabai Clock Tower is located in Fort campus of the University of Mumbai. Modeled on the lines of London’s “Big Ben”, the tower stands at a height...

Vodafone India, has entered into a strategic tie-up with Rajasthan Grameen Aajeevika Vikas Parishad (RGAVP), to empower women in Village Organisation (VO)/ Self Help Group (SHG). The partnership facilitates instant deposits to their saving account using the mobile wallet - M-Pesa. Currently, RGAVP gives small loans to women in poor families in the form of cash. Loans are given to the Village Organisation...

NEW DELHI: Samsung India and the Ministry of Micro, Small & Medium Enterprises, Government of India, recently signed an agreement to open MSME-Samsung Digital Academy, to offer young students a skill development course based on the Tizen OS platform. The MSME-Samsung Digital Academy is being set up with an objective to create a pool of trained...

BENGALURU: United Technologies Corporation (NYSE: UTX) recently announced the launch of its sustainable urbanization project, Citizens for the City(www.citizensforthecity.in) by introducing India’s first ever Neighbourhood Improvement Partnership Challenge. UTC’s Citizens for the City project will aid planned urban growth by bringing stakeholders in sustainable urban planning together through research, reports, competitions and other initiatives. The Neighbourhood Improvement...

NEW DELHI : Omax Autos Limited, organized a unique Value Deployment Program, ‘Saksham’ under its wp Initiative, for kids located in Manesar region. A colorful & spell bounding performance by kids titled ‘Ram Saga 2015′ enthralled the gathering on the occasion. The wp initiative is aimed to impart values and moral education to kids in the society to ensure...