Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …
All public companies whose paid-up share capital exceeds Rs 100 crore or which have in aggregate outstanding loans or deposits exceeding Rs 200 crore may soon be required to have one-third independent directors on their boards. Also, auditors may need to directly report to the government, within 30 days, if …
Corporate social responsibility or simply CSR, as the “beyond business” initiatives of companies have come to be globally known, is a complex, evolving subject. Any serious attempt to understand it in a large, diverse, developing country like India calls for considerable research and contextual analyses. Though in vogue for centuries, …
Cos Asked To Set Aside 2% Of Avg Net Profits Of Last 3 Yrs As Seed Capital Companies which were hoping to fulfill their corporate social responsibility (CSR) obligations, introduced by the recently enacted Companies Act, 2013, through the easy route of donations or activities that would exclusively benefit their …
Under the new Companies Act, 2013, all profitable companies with a sizeable business will have to spend every year at least 2% of 3 year average profit on CSR works Expecting an annual CSR spending of Rs 15,000-20,000 crore by India Inc, Corporate Affairs Minister Sachin Pilot has asked companies …
This is the first set of draft rules for various clauses of the new Companies Act 2013 released by the government. In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following …
With the mining sector in a mess and the State-run Odisha Mining Corporation (OMC) lacking capacity to meet the ore demand of the industries in the State, the World Bank has come forward to extend non-lending technical assistance for better mineral resource management. A five-member World Bank team led by …
The Water Footprint Network (WFN) alongside IFC and Tata Group is to release the final report of their groundbreaking study on the industrial water footprint in India; “Water Footprint Assessment -Tata Chemicals-Tata Motors-Tata Power-Tata Steel: Results and Learning.” The publication documents the results from the world’s first comprehensive industrial Water …
This Companies Act 2013 passed by the government includes several changes to govern the operation and social responsibilities of corporates. It will replace the Companies Act, 1956. An Act to consolidate and amend the law relating to companies. This Act may be called the Companies Act, 2013. See Also Draft …
Stating that by 2030 India’s population will be the highest in the world and cross 170 crore in 2060, a public interest writ petition has been filed in the Supreme Court for a direction to the Centre to frame credible and self-sustainable population control measures. Social activist Avishek Goenka, in …
Beneficiaries deployed under the SADP programme, explaining their progress reports to Minister of Agriculture Mahinda Yapa Abeywardena, at the induction session. Two hundred families in the village of Borala in Weligama, in the Southern Province of Sri Lanka were enrolled in Ceylon Tobacco Company's flagship CSR initiative, the Sustainable Agricultural …
The Bangladesh Bank has released a set of policy guidelines on 'green banking' for non-bank financial institutions (NBFIs) to formulate a policy in a formal and structured manner in line with the global norms. The initiative aims at checking environmental degradation and ensuring sustainable banking practices. Bangladesh Bank (BB) issued …
Bangladesh Bank on Sunday published a set of policy guidelines on green banking for non-bank financial institutions with a view to establishing green banking practice in the country. To this end, the BB issued a circular to managing directors and chief executive officers of all NBFIs asking them to frame …
Only President's nod needed for it to become law Fifty-seven years after the first Companies Act was enacted and over 20 years after liberalisation, India on Thursday inched closer to bringing more contemporary issues, such as corporate governance, investor protection, corporate social responsibility and measures to check frauds, under the …
The Rajya Sabha passed the Companies Bill, 2012, on Thursday by a voice vote, paving the way for replacing the Companies Act, 1956, with a new legislation more in sync with the requirements of the corporate world in a globalised environment. The new law will be marked by greater focus …
“The government should remember they have no right over Niyamgiri. Every gram sabha has said a loud no to mining.” Has the government created Niyamgiri that you can do whatever you like with it?’ a banner hanging from a tree outside the Odisha Bhawan enquired on Wednesday. Few paces away, …
The Companies Bill, 2012, on receiving the assent of Honorable President of India on August 29, 2013, was notified in the Gazette of India on August 30, 2013 as the Companies Act, 2013 (18 of 2013). The Section 1 of the Act has come into force from the date of …
The corporate social responsibility department of Bokaro Steel Plant (BSL) has initiated a plantation drive to promote green cover in its surroundings. The firm has decided to plant at least 30,000 saplings this season. Beginning the drive, BSL has planted 1000 saplings in Kashi-Jharia village under Chas Block on Monday. …
Members of Standing Committee of Odisha Legislative Assembly on Forest and Environment Transport & Commerce, Industries and Employment departments have asked industries in Sundargarh district to curb environmental pollution. The committee members including MLAs Kasinath Mallick, Devendra Kahar, Gregory Minz and Anup Sai and led by Prafulla Kumar Mallick held …
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 near Paradip in Jagatsinghpur district. 'We have acquired 2,700 acres of land for Posco's first phase of 8mtpa capacity steel …
240-MW project on Jhelum to provide 12% free electricity to state The National Hydroelectric Power Corporation (NHPC) has added another feather to its cap as the Uri-II hydroelectric project is ready for use and will be commissioned within a couple of months. The testing and checking of the power project …
