Other News

Two of the three independent directors who resigned from the board of Zee last week have cited corporate governance concerns for their departure from the company. Subodh Kumar and Neharika Vohra, who tendered their resignations on November 22, listed out seven reasons for their resignations. One objection raised by the duo was regarding laxity...

CSR mandate in India has given space for new businesses to exist – the CSR consulting and implementing agencies. These agencies are responsible for coordinating with the corporates and non-profits. They also assist the corporates in selecting the best projects suitable for their brand and even implementing them. According to a report, CSR spending by...

All women and their children should be free to breastfeed in public, anytime, anywhere. Breastfeeding has amazing health benefits for both mother and child. For toddlers, having breast milk for the initial six months is mandatory because of the nutrition quotient present in the milk. This helps the toddler to build a healthy immune...

Bharat Petroleum Corporation Limited (BPCL)’s Kochi Refinery employees are revolting against speculation about the company giving into privatisation. After FInance Minister Nirmala Sitharaman stated that BPCL will be sold to a private entity by March 2020, employees and workers across the nation have joined hands to take a nationwide strike on November 28. BPCL, the...

Almost all the North East states and particularly Mizoram and Nagaland are least favoured destinations for corporate philanthropic activities in India in the form of their Corporate Social Responsibility (CSR). According to data by provided by the Minister of Finance and Corporate Affairs, Nirmala Sitharaman on November 18 in reply to a Starred Question in...

India is the first country in the World to have mandated Corporate Social Responsibility through Companies Act 2013. As per the law, companies need to adopt a business-like approach and to create a strategic CSR framework, that leads to socio-economic development and curb environmental issues by promoting sustainable and scientific solutions. CSR was a norm...

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...

The latest figures of destitute cows across the state have become a big concern for the government which is focusing on the construction of Gaushalas. There are 10 lakh destitute cows across the state and there is no one to take care of them. It would take 5 years to the government to construct...

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...

India has jumped 14 places to rank 63 on the World Bank’s ease of doing business ranking 2020. The country also figured among the top 10 performers on the list for the third time in a row. This comes at a time when the economists, various national and international agencies are raising questions regarding the...

The General Circular no. 21/2014 dated 18 June 2014 by the Ministry of Corporate Affairs (MCA) in its annexure listed that donations made to the Indian Institute of Management Ahmedabad (IIM-A) shall be eligible as contributions for corporate social responsibility (CSR) activities. The Circular allows only donations for the specific purposes of building conservation...

Earlier this month, Indore hosted a first of its kind event that showcased Androgynous Fashion, which focuses on breaking archaic gender stereotypes. Feronia Fashion Night is the only event in India that puts models from the LGBT community at the forefront. The event is an initiative taken by the team of Redo Times Pvt....