Indian economy was growing faster than the global average and all other major economies: FM
Looking to better serve the interests of all stakeholders, the government on Thursday approved amendments to Companies Bill 2011, including changes related to spending on CSR activities.
The solicitor general said that the PM CARES Fund is a 'voluntary fund'. "It is a public trust. It is a body where you can make voluntary contributions and no budgetary allocations to the NDRF or SDRF are being touched. What has to be spent will be spent," the law officer said.
Sitharaman, a newcomer on the Forbes most powerful women list, is ranked 34th. The Forbes 2019 list of 'The World's 100 Most Powerful Women' has been topped by German Chancellor Angela Merkel, followed by President of the European Central Bank Christine Lagarde in the second spot and Speaker of the US House of Representatives Nancy Pelosi, ranked third. Also on the list is Bangladesh Prime Minister Sheikh Hasina (29).
Corporate affairs minister Murli Deora has supported the recommendations of the Parliamentary standing committee to make spending under corporate social responsibility (CSR) mandatory under the proposed Companies Bill. Pending the Bill, the minister also announced a slew of measures to simplify procedures akin to the licence raj.
Rediff reader Shriram Prasad shares one of his best tiger spotting experience in Tadoba, Chandrapur.
'Mr (Gautam) Adani invested in Vizhinjam port when no other viable party was willing to bid.' 'He has also been active in charitable work and CSR projects in our coastal areas.' 'As the local MP, I do not judge the local situation purely through the prism of politics.'
Rajni Bakshi argues that if people don't struggle for fair and equitable prosperity right now, they might lose the chance of doing so in the future.
We invited this first-time author Jvalant Nalin Sampat to share with us the ten tips aspiring authors to get published.
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
This metro line would be a 33.65-km rail link between Bangalore City Centre and Bangalore International Airport.
Nihar Das Pattnaik, the company's manager, CSR, and three others -- Arun Mohapatra, Debasish Swain and Prasant Rout - had gone to Patana village to conduct a survey of households for inclusion in the CSR activities.
Aiming to break the 574.8 km/h speed record set by France, China has signed agreements with Thailand and Laos to build high-speed railways.
The airlines have waived charges for transport of relief cargo to Chennai.
To minise wasteful administrative costs, number of enterprises in strategic sectors will ordinarily be only one to four; others will be privatised/merged/brought under holding companies, she said.
The All India Tennis Association, often accused of being lax in dealing with age fraud, had no clear answers to what transpired at CLTA.
For one, women comprise almost half of India's population, yet less than 5 per cent women are corporate directors and less than half of that are independent directors.
The Swachh Bharat Abhiyan -- or Clean India Mission -- was launched by Prime Minister Narendra Modi on October 2.
British Council's Corporate Social Responsibility Case Writing Competition -- 2007
St Jude India ChildCare Centres is a unique organisation which runs residential homes for families of children who need to undergo long-term cancer treatment. Its 37 centres close to India's premier cancer hospitals give children a fighting chance against the disease.
Stressing that the United Progressive Alliance government was deeply committed to inclusive growth, Union Minister for Social Justice and Empowerment Meira Kumar on Wednesday asked private sector to initiate efforts for reserving jobs for Scheduled Castes and Scheduled Tribes youth as part of its corporate social responsibility (CSR).
The first of the 16 trains has already been moved to Shanghai by the manufacturer of the four-coach trains, CSR Nanjing, for shipping to India, said sources.
The 11.4-km Versova-Andheri-Ghatkopar corridor is set to be operational by 2010-end. Mumbai Metro One, the special purpose vehicle formed to undertake construction, has selected CSR Nanjing Puzhen Rolling Stock Company -- a 100-year-old subsidiary of the government-owned China South Locomotive and Rolling Stock Corporation.
Karmayog, a leading NGO which recently carried out a CSR rating of top 500 Indian companies, says that only two drug companies - Dr Reddy's and Lupin - have done work on this front. While the two firms scored three out of five, 30 other drug firms failed to perform satisfactorily. Nine of the companies, including leading ones such as Nicholas Piramal, Panacea and Glenmark did not score at all.
'We are going to be overwhelmed by the need for hospital beds. There are simply not enough beds in government hospitals.' 'We will need a large number of medical professionals and without the private sector's involvement, the government won't be able to expand capacity.'
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
As corporate line up CSR activities backed by a huge cash flow, a small group of people lying below the poverty line are treading the road untravelled. As many as 27 marginalised salt pan workers, who earn their living in Kutch by producing salt from the area, are now proud owners of a private limited company called Sabras, formed a year ago.
'Wealthy Indians don't give as much as Americans because they believe they must leave their wealth to their children.'
The system has passed preliminary examination by national railway test authorities and has been installed on a new bullet train produced by CSR Qingdao Sifang Co Ltd in Shandong Province.
An initiative to fund the education of bright Indian youngsters undertaken by two Indian-Americans has now acquired a momentum of its own, discovers Anjuli Bhargava.
'It is inconceivable that there are no gays working in Indian corporations but obviously, the subject remains taboo enough in the workplace for those of alternate sexual orientation to feel safer remaining in the closet,' notes Kanika Datta.
'I would like to convey the message to your readers that the prime minister himself is directly seized of the situation on the ground. He periodically reviews the situation on the ground and how it is moving forward, taking inputs from economists, business leaders, chambers of commerce.'
Land acquisition for the South Korean steel major Posco's proposed steel plant near Paradip was completed on Thursday with the Odisha government demolishing 25 more betel vines at Gobindpur village, official sources said.
'Interns, fresh MBBS graduates, nursing students, young doctors and nurses have brought pride to their degrees and their oath by courageously donning the PPE and caring for patients.' 'They are the foot soldiers of this war.'
India's Virat Kohli joins an elite list of star Ambassadors to provide neccessary support in the build-up to the ICC 2015 World Cup to be co-hosted by Australia and New Zealand between February and March.
'There are 80 million tonnes of foodgrain in our godowns and yet, 200 million people go to bed hungry.' 'So I decided to fight hunger.'
Mumbai-headquartered financial services firm Edelweiss, for close to a decade now, has been aligning its brand with sporting talent of every kind except cricket. What made the company buck the trend, and has it worked?
While, projects, including Rs 23,000 crore Purvanchal Expressway, totalling Rs 60,000 crore have already been launched, the Yogi Adityanath government is fast paving the way for laying the foundation of the remaining projects before the general election dates are announced.
Finance Minister Nirmala Sitharama on Thursday stated the government is planning to provide a relief package of Rs 1.7 lakh crore to the underprivileged, poor and migrant workers affected by the lockdown amid the coronavirus outbreak. The scheme has been named the Pradhan Mantri Garib Kalyan Scheme.
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