From criminal offences in the Companies Act being slated to be slashed to banks possibly taking a majority stake in DHFL, here are the top business headlines for Monday
It's now five years since CSR was made mandatory under the Companies Act, 2013
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions
What we urge upon you (companies) is proactive participation and not passive participation, said Corporate Affairs Secretary Injeti Srinivas
Corporations are careful to synchronise their social programmes with signals from the Union government
The emerging backlash against CSR and the resultant endorsement of shareholder capitalism make sense
The high-level committee on CSR recently released a report that recommended the creation of a new class of companies called social impact companies (SICs) under the CSR framework
PSBs get Rs 70,000 crore; home, auto loans to become cheaper
The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable
There is no attempt by the government nor the press to even attempt to measure the outcomes
In today's world, who do companies really have to respond to?
This power can be intoxicating. It can give any regulator a serious high
From Amazon closing in on buying stake in Future Retail to Japan cautioning Andhra against reworking green power pacts, here are the top ten business headlines on Wednesday
FM Nirmala Sitharaman is holding daily meetings with industry in the backdrop of sluggish economic growth
Companies Act amendment to include penal provisions for CSR violations is seen as part of a larger trend of criminalising economic offences rather than going for civil proceedings
According to new CSR norms, a company has to earmark a part of its profit towards social activities and transfer all unspent amount into an escrow account (if it is an ongoing project)
At least 33 companies or a third of those on the S&P BSE 100 list have fallen short of the required CSR spending
A Special Task Force, co-chaired by Revenue and Corporate Affairs Secretaries, has been constituted to look into the matter of shell companies