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Centre issues notice to 300 firms not complying with CSR norm

Wednesday, November 7, 2018, 7:47 AM

The Ministry of Corporate Affairs has issued preliminary notices to nearly 300 companies for not complying with corporate social responsibility (CSR) spending requirement under the companies law for 2015-16, a senior government official said. We have send them a notice and have asked to give a reason....We are just saying that these companies were supposed to spend this much and they have not spend.
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Kotak Mahindra rolls out mobile medical vans under CSR

Saturday, September 8, 2018, 3:31 PM

Kotak Mahindra Life Insurance Company Saturday said it has rolled out three mobile medical vans under the corporate social responsibility initiative ‘Life First’, in association with Wockhardt Foundation. As part of the agreement, three medical vans which act as primary healthcare centres on wheels would be managed by the Wockhardt Foundation, a press release said.
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Charging stations for electric cars may be considered CSR activity

Friday, June 29, 2018, 10:44 AM

Expenses incurred by manufacturing companies in setting up charging stations for electric vehicles across the country should be considered an activity within the ambit of corporate social responsibility (CSR), a committee formed under the secretary of the transport ministry has recommended. The proposal has been made to facilitate adoption of electric mobility in India, where setting up charging infrastructure is becoming a major impediment.

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