Nasscom, Nasscom Foundation offer workshops on CSR rules

IT industry body Nasscom and Nasscom Foundation have come together to help clear myths and doubts related to CSR rules in the new Companies Act for the IT-BPM industry.
Through roadshows, the bodies also want to highlight opportunities for member companies to collaborate locally and nationally for social good, they said in a statement.
Workshops have been organised in cities like Bangalore, Chennai and Hyderabad with plans for Delhi, Mumbai and Pune.
These workshops are addressed by experts from KPMG, PwC, NextGen and IIM-B who addressed the audience of Directors, CEOs, Company Secretaries, CSR leads, legal and finance teams of over a hundred companies.

"Several recommendations, particularly with reference to inclusion of volunteering, expenses of CSR personnel, hardware and software products and service donation will help the industry to retain and scale some of its successful initiatives that contribute manifold to the social sector," Nasscom Foundation CEO Rita Soni said.
The CSR Law (Section 135, Companies Act 2013) will lead to more than 16,000 companies contributing over Rs 20,000 crore annually to CSR activities.

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eClerx's Q4 Net up 33.8 per cent at Rs 64.45 cr * Knowledge Process Outsouercing firm eClerx Services today said its consolidated net profit has grown 33.8 per cent to Rs 64.45 crore for the quarter ended March 31, 2014 as against Rs 48.16 crore in the same period last year.

The company's revenues grew 24.4 per cent to Rs 216.93 crore in the said quarter from Rs 174.33 crore in the year-ago period.
For the fiscal ended March 31, 2014, the company's net profit grew to Rs 255.65 crore, while revenues were at Rs 840.99 crore. Its total headcount stood at 6,836 on March 31, 2014.
The Board has recommended a dividend of Rs 35 per share.
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Quick Heal expands to Kenya, UAE
* Security solutions firm Quick Heal Technologies today said it has opened two new branches in Kenya and the Middle East.
Quick Heal had started its first direct global operations in Japan and these new branches will help further enhance its global presence, Quick Heal said in a statement.

The offices in Kenya and Dubai will also help service and enhance relationships with the large network of direct partners and customers in these regions, it added.
Besides its own offices, the Pune-headquartered company works with registered distributors and channel partners across 60 countries.