India Inc. Shifts CSR Focus To Sports, Art, And Empowerment
Corporate social responsibility (CSR) spending in India has shifted dramatically, with large investments in sports, art, culture, and empowerment programs.
Roopa Satish Ceases to be Head of Portfolio Management & CSR at IndusInd Bank
Roopa Satish, Head of Portfolio Management and Corporate Social Responsibility (CSR) ceases to be the part of Senior Management of the IndusInd Bank Limited with effect from June 27, 2024.
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.
Bain & Company and Dasra reports mark a 10% surge in philanthropy & 7% rise in CSR Spending
According to the India Philanthropy Report by Bain & Company and Dasra, private philanthropy has grown 10% to Rs 1.2 lakh crore in FY23, including corporate social responsibility funding and donations from the wealthy and retail donors.
Nirmala Sitharaman advises CAs to implement carbon, CSR, and ESG practices
Finance Minister Nirmala Sitharaman has encouraged companies in India to embrace eco-friendly practices. She has asked Chartered Accountants (CAs) to adopt measures that contribute positively to the environment and society.
Corporate India’s spending on the environment doubled in FY22
Indian companies are reshaping their approach to corporate social responsibility (CSR) spending, with a growing focus on environmental and health initiatives.
Board And It’s Composition
The Directors of the Company are in a fiduciary position, empowered to oversee the management functions to ensure its effectiveness and enhancement of shareholder value.
Despite an increase in spending, the impact of CSR funding is ‘not generally felt’: MCA
Despite a recent surge in such investment, the Ministry of Corporate Affairs (MCA) has emphasised the minimal effect of corporate social responsibility (CSR) activities and has asked India Inc to take a long-term approach "to yield productive results."
Get on Board: First Step is Self-Awareness
Before you strive for a board position you need to do a self-assessment. Ask yourself if you are ready to switch your mindset from an executive role to a non-executive role. Another key question to ask is whether you feel comfortable with numbers. At the board level, you should be able to decipher t
