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Corporate Social Responsibility funds worth over Rs 8,314 crore remained unspent over three financial years starting from 2014-15, according to the government. Under the Companies Act, a certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards CSR activities in a financial...

Bharat Dynamics Limited donated INR 9 crore to 746 government schools in Kamareddy district in Telangana for purchasing computers, projectors, LED screens, sound system and other equipment. Kamareddy Collector Dr. N Satyanarayan and BDL Additional General Manager Battu Srinivas inked a Memorandum of Understanding (MOU) at the Kamareddy Collectorate and issued a cheque worth INR...

The Northern Coalfields Limited (NCL), a Coal India subsidiary, has contributed Rs. 1 crore towards the government's 'Swachh Bharat Kosh'. 'Swachh Bharat Kosh, established under the Department of Expenditure, Ministry of Finance of the central government, was set up to attract Corporate Social Responsibility (CSR) funds to be used for PM Modi's 'Swachh Bharat' campaign. An...

Around 2.39 lakh girls aged less than five year die every year in India while almost 1.2 crore of Indian girls have been aborted since 1981, such is the sad state of the ‘Girl Child’ in our country. To address the criticality of the situation, Star Suvarna has come to the fore and contributed...

ISKCON Food Relief Foundation, branded as Annamrita, has received support in form of food delivery vehicles from L&T MHPS Boilers. Five delivery vehicles were handed over by the officials of the company to Annamrita, which works towards providing nutritious mid-day meals to students of Government, Government-funded and NCLP schools. The vehicles will strengthen Annamrita’s existing...

2018 was quite eventful with regard to corporate social responsibility. Here is a lookback at major events in this domain. January 2018 The corporate affairs ministry gives permission for penal action against 196 companies for violating corporate social responsibility norms in 2014-15 fiscal, according to union minister P P Chaudhary. Tata Sons’ flagship firms had started collaborating...

15 Indian miners went down in an illegal coal mine in the Jaintia Hills district in Meghalaya on 13 Dec. There is no news of their return even after two weeks since they left. Apparently, the men have stuck in the 370 feet deep mine since it got flooded. The incident has not happened for...

Mitsubishi Electric India has conceptualised its CSR plans for the financial year 2018-19 and announced the CSR Strategy which covers United Nations Sustainable Development Goals along with Government of India Initiatives. The initiatives have been categorised under Skill Development, Community Development & Climate Action. These activities support United Nations Sustainable Development Goals of Quality Education,...

Finance Minister Arun Jaitley has said, a new beginning has been made in the past four years in India regarding Corporate Social Responsibility. Addressing a function at AIIMS, New Delhi, Jaitley said, social sectors in India get funded more on a community basis except for this new beginning. Analyzing the means of funding for India's healthcare...

Union Home Minister Rajnath Singh laid the foundation stones of 576 projects worth Rs 161 crore at a function on the occasion of the 95th birth anniversary of former Prime Minister Atal Bihari Vajpayee in Lucknow on Tuesday. Rajnath Singh inaugurated projects worth INR 2 crore from CSR (corporate social responsibility) fund of GAIL, worth...

Blaming the Oil and Natural Gas Corporation (ONGC) for the dilapidated road condition of Bebejiya village under Golaghat District of Guwahati, local villagers staged a road blockade last Friday. According to the villagers of Bebejiya, the Oil and Natural Gas Corporation (ONGC) was carrying on its activities at Bebejiya village in Baroghariya for a long...

Tata Motors has launched the Season-6 of Tata Delight Star Scholars, a recognition initiative for the children of Tata Motors customers under the Tata Delight loyalty program with a prize money of INR 25,000. The company has also offered a special prize of 40 Tablets for female applicants based on their performance to encourage...