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KPMG: 76% companies in India complying with CSR norms

More companies in India are complying with corporate social responsibility norms under the Companies Act, 2013, with 76% firms having spent 2% or more of their profits on such initiatives during 2019, according to a report. The findings of the 'India CSR Reporting Survey 2019', compiled by KPMG in India, that covered 100 companies also...

CSR News – Tamil Nadu plans to invest 100 crores to open subsidised canteens ‘Amma Unavagam’, seeks CSR funds

The Tamil Nadu government has set aside a whopping Rs 100 crore for Amma Unavagam, the subsidised canteens across the state, in its election year budget. Tamil Nadu Deputy Chief O Panneerselvam made the announcement in the state Assembly on Friday. A pet project of late Chief Minister J Jayalalithaa, the state-run budget canteens are...

Irfan Pathan spends time with NGO kids before announcing retirement from cricket

It's no secret that Irfan Pathan comes from humble beginnings. He decided to go back to his roots before announcing retirement from all forms of cricket, and he chose to do so with Yuva Unstoppable’s kids who come from underprivileged backgrounds. The philanthropist and former cricketer was in Mumbai last year to inaugurate the...

CSR News – Nabard seeks help of CSR arms to support farmer produce organisations in Gujarat

With a view to further extend support to farmer produce organisations (FPOs) in Gujarat, the Ahmedabad branch of National Bank for Agriculture and Rural Development (Nabard) is in talks with CSR arms of major industrial houses including Reliance, Tata and Ambuja. Nabard is already giving financial assistance of up to ₹16 lakh to FPOs that...

CSR News – Chhattisgarh to Set Up Ultramodern Sports Academies from CSR Funds

Chhattisgarh Chief Minister Bhupesh Baghel on Thursday chaired the first meeting of Chhattisgarh Sports Development Authority's governing body, at his residence office. As per the decisions taken in the meeting, sports academies with ultramodern amenities and advanced training facilities will be established in the state. They will be funded from CSR funds. All the important stadiums...

CSR News: UPES declares 2020 as Year of Women Empowerment

The University of Petroleum and Energy Studies (UPES) has announced the launch of Shakti, an initiative envisaged to empower women by implementing multiple initiatives in areas of training & development, financial aid through scholarships etc. Launched with the theme ‘Accelerating the gender equality journey: Empowering women from classroom to boardroom’, the event bought together...

CSR News: HCCB distributes 22,000 cotton bags

Hindustan Coca-Cola Beverages (HCCB) has distributed 22,000 cotton bags at a series of events around four of its factories located at Ameenpur near Hyderabad, Jalpaiguri near Siliguri, Srikalahasti near Chittoor and Goblej near Ahmedabad. The exercise aligns to the government’s efforts to encourage the use of sustainable materials. HCCB is among the first few...

CSR News: Giving wings to 50,000 underprivileged women through RSETI

India’s leading public sector bank, Indian Overseas Bank (IOB) felicitated the beneficiaries of its Rural Self Employment Training Institute (RSETI) program in Tanjore Tamil Nadu. The Bank celebrated its successful completion of training more than 77,000 young candidates out of which 50,180 were women and the rest were men. The Bank under the directives of Ministry of...

CSR News: Mobile Gaming With a Purpose

To bring a change in the world, there is a need for a collective transformation in attitude and behavior of the society. With this thought at its core, Dropledge, a Mumbai-based tech enterprise, recently launched ‘Ocean Heroes- Make Ocean Plastic Free’, a mobile game to promote clean oceans and raise awareness of the dangers...

CSR News: Nestlé is Investing Billions To Develop a Market for Recycled Plastic

Nestlé says it's getting serious about dealing with plastic packaging waste. The consumer goods giant has announced that it will invest up to $2.64 billion to create a market for food-grade recycled plastic. This news follows Nestlé's 2018 commitment to make 100 per cent of its packaging recyclable or reusable by 2025 and reduce its use of virgin...

CSR News: FUEL Meets With Honorable President of India

Fuel (Friends Union for Energising Lives), a non-profit organization based out of Pune, was invited by the Rashtrapati Bhavan in January first week to interact with the Honourable President of India, to share their work with him. Founded by Ketan Deshpande at the young age of 19, the organization is actively working since 12 years...

CSR News: Sharp and IIT Delhi Working On Tech Which Removes PAHs From Air

Sharp Corporation, working in collaboration with Associate Professor Dr Sagnik Dey and Associate Professor Dr Gazala Habib of Indian Institutes of Technology, Delhi has demonstrated that Plasmacluster Ion (PCI) has the efficacy to remove PAHs (Polycyclic Aromatic Hydrocarbons), which are contained as toxic air pollutants in Indian cities. This project started in 2018 by measuring...

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