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Changing Landscape of Philanthropy In India

The recent Hurun India Philanthropy List 2015 reported Azim Premji as the most generous Indian, donating INR 27,514 crore (USD 4200 million) on education initiatives, through the Azim Premji Foundation. The same report also listed individuals like Nandan and Rohini Nilekani, NR Narayana Murthy, K Dinesh and family, Shiv Nadar, Sunny Varkey and family, Ronnie...

Is there a conflict between the profit motive and CSR?

CSR is, after all, yet another mandatory cost to the company which cannot be deducted as expense to avail a tax benefit. However, in a developing economy, your company may benefit tangibly from increased total CSR spend. Lack of adequate infrastructure, power, healthcare & education are the very factors that adversely affect profitability. Here the...
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