Sensex firms miss CSR threshold by 30%, only 7 firms comply
Collectively, the 30 Sensex companies are estimated to have spent about Rs 3,500 crore on CSR initiatives during the 2014-15 fiscal, when they were required to spend nearly Rs 5,000 crore on such activities under the new Companies Act.
Aug 30, 2015, 13:10 PM ISTGovt-appointed panel on CSR to finalise report next month
Interestingly, nearly two-third of the top listed firms have failed to make the minimum 2 per cent CSR spend in the first year (2014-15 fiscal).
Jul 19, 2015, 12:07 PM IST