News for 'CSR'

Indian Oil To Invest Rs 40 Crore In Boxing Development

Indian Oil To Invest Rs 40 Crore In Boxing Development

Rediff.com4 days ago

The Sports Authority of India (SAI) and Indian Oil Corporation have signed an MoU for Rs 40 crore over two years to bolster boxing in India. This partnership, leveraging CSR funds and SAI's expertise, aims to enhance talent identification, athlete development, coaching, and international exposure for boxers, aligning with the revamped Khelo India Scheme.

SC seeks ideas for permanent corpus to fund SMA treatment

SC seeks ideas for permanent corpus to fund SMA treatment

Rediff.com5 days ago

The Supreme Court of India has sought proposals for establishing a permanent financial corpus to support patients suffering from Spinal Muscular Atrophy (SMA), a rare genetic disorder requiring expensive treatment. This initiative follows an earlier case involving comedian Samay Raina, which led the court to examine broader systemic concerns for SMA patients.

NTPC And Mizoram Join Hands For Archery Academy

NTPC And Mizoram Join Hands For Archery Academy

Rediff.com5 days ago

State-run power major NTPC has partnered with the Mizoram government to establish an archery academy in Lengpui, Mamit district, at an estimated cost of Rs 13.28 crore. The project, part of NTPC's CSR initiatives, aims to provide professional training and infrastructure for aspiring archers over three years, with the Mizoram State Sports Council responsible for its operation.

Government Penalises Companies for CSR Violations

Government Penalises Companies for CSR Violations

Rediff.com17 Mar 2026

The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

IIT Madras Launches Advanced Robotics Lab With Bechtel Collaboration

Rediff.com22 Sep 2026

IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.

Fenesta Open National Tennis Championship Launches Rs 11 Lakh Player Development Scholarship

Fenesta Open National Tennis Championship Launches Rs 11 Lakh Player Development Scholarship

Rediff.com5 Oct 2026

The Fenesta Open National Tennis Championship has launched an Rs 11 lakh Player Development Scholarship. This initiative, supported by DCM Shriram Foundation, aims to nurture talent by providing financial aid to winners and runners-up across five singles categories, supplementing the existing prize money.

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

NSE-listed companies increase CSR spending by 23% to Rs 22,212 crore in FY25

Rediff.com21 Apr 2026

Companies listed on the National Stock Exchange (NSE) main board increased their Corporate Social Responsibility (CSR) expenditure by 23 per cent year-on-year to Rs 22,212 crore in 2024-25 (FY25), driven by a significant jump in average net profits, according to a PRIME Database Group report.

Karnataka To Get New Samsung Innovation Campus For AI Skills

Karnataka To Get New Samsung Innovation Campus For AI Skills

Rediff.com19 Sep 2026

Samsung India has launched an Innovation Campus in Karnataka, in partnership with Nrupathunga University, to train 2,000 young individuals in industry-relevant AI skills. This initiative aims to support Karnataka's goal of building an AI-native ecosystem and developing a future-ready technology workforce, expanding access to practical AI education.

Get A Scholarship Worth Rs 75,000

Get A Scholarship Worth Rs 75,000

Rediff.com28 Aug 2026

The scholarship is open to students from Classes 1 to 12, as well as those pursuing their diploma, ITI, polytechnic, undergraduate and postgraduate courses, including both general and professional programmes.

Empowering Women: FICCI FLO And MLA Launch Drone Pilot Training

Empowering Women: FICCI FLO And MLA Launch Drone Pilot Training

Rediff.com12 Aug 2026

FICCI FLO and UP BJP MLA Rajeshwar Singh are collaborating to train 100 women as 'drone pilots' in Lucknow. This initiative aims to provide employment and entrepreneurship opportunities in the burgeoning drone economy. The announcement was made at an event where MLA Singh also highlighted his efforts in public grievance redressal and establishing women's empowerment centres in his constituency.

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Rediff.com29 Jul 2026

Selected students will receive Rs 1.5 lakh per year to cover academic expenses such as tuition fees, hostel charges, books, stationery, laptops, internet and transportation.

PV Sindhu Lays Foundation For World-Class Sports Centre

PV Sindhu Lays Foundation For World-Class Sports Centre

Rediff.com5 Aug 2026

Olympic medallist PV Sindhu has initiated the 'PV Sindhu Centre for Sports Excellence' in Visakhapatnam, with Andhra Pradesh IT Minister Nara Lokesh performing the groundbreaking. This integrated sports and education ecosystem aims to provide world-class coaching, sports science, and academic support across seven disciplines, establishing Visakhapatnam as a national sports hub.

Why Nobody Cares About Building Toilets

Why Nobody Cares About Building Toilets

Rediff.com26 Aug 2026

We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.

Haryana Police Bolstered With New Emergency Response Vehicles

Haryana Police Bolstered With New Emergency Response Vehicles

Rediff.com1 Jun 2026

Haryana Chief Minister Nayab Singh Saini flagged off 312 Emergency Response Vehicles (ERVs) for the Haryana Police, including motorcycles and Honda Elevate vehicles, provided by Honda India Foundation under its Corporate Social Responsibility (CSR) initiative.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

Mizoram Inaugurates Northeast's First New Age Tech Skills Centre

Mizoram Inaugurates Northeast's First New Age Tech Skills Centre

Rediff.com29 May 2026

Mizoram's school education minister inaugurated the northeast region's first 'New Age Tech Skills Centre' at the Government Comprehensive Model School in Aizawl. The centre, established under Bharat Forge Limited's CSR initiative, will offer training in AI, robotics, IoT, 3D printing, CAD, CNC simulation, and drone technology.

Ahmedabad plane crash: One year later, grief and fear persist

Ahmedabad plane crash: One year later, grief and fear persist

Rediff.com9 Jun 2026

One year after the devastating AI 171 plane crash in Ahmedabad, the profound grief and lasting trauma continue to haunt the victims' families and eyewitnesses, many of whom still struggle with a deep-seated fear of flying and the indelible scars of their loss.

Indian Archers Prepare For Asian Games With Equipment Tests

Indian Archers Prepare For Asian Games With Equipment Tests

Rediff.com27 May 2026

Indian archers Jyothi Surekha Vennam and Dhiraj Bommadevara plan to use the upcoming Archery World Cup stages as testing grounds for equipment changes ahead of the Asian Games later this year. Both archers are part of the 12-member Indian squad for the Asian Games, scheduled to begin in Aichi-Nagoya, Japan from September 19.

Indian Archers Experiment With Equipment Ahead Of Asian Games

Indian Archers Experiment With Equipment Ahead Of Asian Games

Rediff.com26 May 2026

Indian archers Jyothi Surekha Vennam and Dhiraj Bommadevara will use upcoming Archery World Cup stages to experiment with new equipment ahead of the Asian Games in Japan.

Vikash Lohia Tops Hurun Successors List

Vikash Lohia Tops Hurun Successors List

Rediff.com23 Apr 2026

Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Bengal Government To Pursue CBI Investigation Into GTA Teacher Recruitment Scam

Rediff.com29 May 2026

West Bengal Chief Minister Suvendu Adhikari announced the state government will move the Supreme Court to vacate the stay on a CBI probe into the alleged Gorkhaland Territorial Administration teacher recruitment scam. The decision follows complaints of corruption and illegal teacher recruitment within the GTA.

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

HDFC Bank Shares Fall After Report Alleges 'Camouflaged' Payments To MSRDC

Rediff.com27 May 2026

HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.

Top Biz Families Fuel 20% Of CSR Spends

Top Biz Families Fuel 20% Of CSR Spends

Rediff.com6 Mar 2025

Tatas, Ambanis, Adanis, Birlas contributed an average of Rs 800 crore to Rs 1,000 crore per family group.

Nitin Nabin Criticises Mamata Banerjee's Focus on Politics Over Sports in West Bengal

Nitin Nabin Criticises Mamata Banerjee's Focus on Politics Over Sports in West Bengal

Rediff.com9 Apr 2026

BJP National President Nitin Nabin has criticised West Bengal Chief Minister Mamata Banerjee for allegedly prioritising political games over sports and cultural activities, leading to the state's decline in these areas. He also accused the TMC government of using sports clubs for political purposes.

Tata CSR Money May Go To Ratan Trust

Tata CSR Money May Go To Ratan Trust

Rediff.com17 Feb 2025

As the Ratan Tata Endowment Foundation and Trust are new entities, the continuous CSR fund flows from Tata Sons will help it undertake new projects.

NCW Submits Recommendations For Acid Attack Victim Support

NCW Submits Recommendations For Acid Attack Victim Support

Rediff.com22 Apr 2026

The National Commission for Women (NCW) has submitted a comprehensive set of recommendations to various central ministries, outlining a survivor-centric framework to enhance care, justice, and rehabilitation for acid-attack victims.

Tax forms for charitable institutions set for overhaul

Tax forms for charitable institutions set for overhaul

Rediff.com4 Dec 2025

As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.

Unspent CSR funds hit five-year high in FY23

Unspent CSR funds hit five-year high in FY23

Rediff.com20 Aug 2024

Not all listed companies above a threshold have spent on corporate social responsibility (CSR) in the way they were required to do. The aggregate unspent amount in 2022-23 (FY23) stood at a five-year high of Rs 1,475 crore. In FY23 listed companies spent Rs 15,602 crore while the amount to be expended was Rs 15,787 crore, according to the data from corporate tracker primeinfobase.com.

PM Internship Scheme Tweaks Ahead

PM Internship Scheme Tweaks Ahead

Rediff.com2 Jan 2026

The 12-month programme is expected to offer shorter internship duration in the third phase of the pilot in certain sectors such as services.

Spirit Of Giving: Households Earning Rs 5,000 A Month Give To Charity

Spirit Of Giving: Households Earning Rs 5,000 A Month Give To Charity

Rediff.com11 Mar 2026

Of the donations, 48% is in kind -- such as food, clothing, or other household goods -- followed by cash (44%) and volunteering (30%) with non-profits, religious institutions, or community groups.

Rs 2L Scholarship For Aspiring Dentists

Rs 2L Scholarship For Aspiring Dentists

Rediff.com6 Jan 2026

The Sensodyne IDA Shining Star Scholarship Programme 2025-26 is open to students in the first year of their Bachelor of Dental Surgery programme.

HUL tops sustainability rankings as India Inc deepens ESG focus

HUL tops sustainability rankings as India Inc deepens ESG focus

Rediff.com19 Feb 2026

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

Tata Sons to build, operate Ayodhya temple museum

Tata Sons to build, operate Ayodhya temple museum

Rediff.com2 Dec 2025

The Uttar Pradesh Cabinet has approved the expansion of the proposed temple museum in Ayodhya, contracting Tata Sons to develop and operate the project on a 52-acre site.

Young Earners, Start With A Minimum Rs 1 Cr Cover

Young Earners, Start With A Minimum Rs 1 Cr Cover

Rediff.com27 Nov 2025

Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.

Set up gaushalas to keep highways free of stray animals, SC tells NHAI

Set up gaushalas to keep highways free of stray animals, SC tells NHAI

Rediff.com29 Jan 2026

The Supreme Court has suggested that the National Highway Authority of India (NHAI) consider establishing gaushalas (cowsheds) under Corporate Social Responsibility (CSR) to care for stray animals entering highways. The court also expressed dissatisfaction with several states' efforts to manage stray dog populations and suggested developing an app to report stray animal sightings.

Elect BJP-backed candidates, get Rs 10 lakh fund: Union minister

Elect BJP-backed candidates, get Rs 10 lakh fund: Union minister

Rediff.com26 Nov 2025

Union Minister Bandi Sanjay Kumar has offered Rs 10 lakh fund for villages in his Karimnagar Lok Sabha constituency if they elect a BJP-backed candidate in the Gram Panchayat polls to be held in Telangana next month.

Lessons To Learn From The Tatas

Lessons To Learn From The Tatas

Rediff.com30 Jan 2026

Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

Custodial violence/death a blot, won't allow it: SC

Custodial violence/death a blot, won't allow it: SC

Rediff.com25 Nov 2025

The Supreme Court expressed serious concern over custodial deaths, calling it a 'blot' on the system. The court is pushing for compliance with orders to install CCTV cameras in police stations and central investigation agencies to curb human rights abuses.

CSR non-compliance: Breather for Corporate India

CSR non-compliance: Breather for Corporate India

Rediff.com14 Aug 2019

A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.