Centre may broaden the range of activities eligible for CSR expenditure
The government is contemplating adjustments to corporate social responsibility (CSR) norms, aiming to broaden their reach and enhance compliance by revising penalty structures, according to sources familiar with the matter.
The Centre has the authority to nominate directors, PSUs inform stock exchanges
Public sector undertakings (PSUs) that have been fined by the stock exchanges have informed them that they have no influence over the appointment of directors because that power belongs to the government.