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The Latest Breaking News from CSR

CAG flags data non-sharing between I-T dept, MHA to track charitable trusts' foreign receipts

The audit observed that there is no clarity on allowing deduction under Section 80G for donations out of CSR funds.

The Hindu

Kolkata: A business group that invests to build relationship with humanity

KOLKATA: When the 1983 Cricket World Cup started, workers at the newly founded Titagarh Group asked their founder, Jagdish Prasad Chowdhary, for TVs to watch the matches. Chowdhary got each of the workers a TV at wholesale rate, offering a 12-month payment plan. Ever since, a tradition was established: Every…

The Times of India

'Go green' mantra to make Kolkata a sustainable place

KOLKATA: Philanthropy runs in the family of this young businessman. According to Saket Mohta, managing director of Merlin Group, it's from his father that he got inspiration to do welfare activities. He says, "It is our responsibility to contribute to the society and environment where we live in. So, we…

The Times of India

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3 Stocks to Sell on Housing Market Crash Fears

The red hot inflation and surging mortgage rates are causing housing demand to cool down and prices to fall. So, with rising fears of a possible housing market crash, we believe it could be wise to avoid fundamentally weak stocks Redfin (RDFN), WeWork (WE), and Centerspace (CSR) now. Keep reading….

StockNews.com

4 Real Estate Stocks to Sell as Home Sales Fall

The real estate sector has been badly affected due to falling home sales amid rising interest rates and declining mortgage demand. Higher home prices and mortgage rates have taken a toll on consumer demand. Given this backdrop, we think it could be wise to avoid real estate stocks Fathom Holdings…

StockNews.com

Bangkok Airways rolls out first airport REIT

Bangkok Airways has announced the launch of Thailand's first airport real estate investment trust (BAREIT), which it is promoting with an estimated 8.46% first-year yield.

Bangkok Post

Hero MotoCorp Turns Over Bikes And Gear To UK Forest Department

The world’s largest manufacturer of two-wheelers, Hero MotoCorp, handed over 300 bikes and 600 helmets as part of its “Hero WeCare” CSR platform.

RideApart

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Solar power helps the poor and needy

Potter couple, others in need benefit from CSR funds of private company

The Hindu

‘I’m so angry, I’m wild’: the never-ending wait to clean up asbestos town Wittenoom

The WA government has announced former asbestos mining town of Wittenoom officially closed. But will it get cleaned up? For one man, time is running out

The Guardian - AU

Engagement & Transparency: How NFTs Are Poised To Reinvent CSR

By Tereza Bízková “We hired a CSR person at Twitter, years before we hired our first sales person, to make sure we had a culture and impact of doing good,” remarked famously Biz Stone, Twitter’s co-founder.

Benzinga

Parliament proceedings | 4-5% of ₹1.25 lakh crore spent on CSR funds in past 7 years went to PM Cares: Govt

New Delhi Of the total ₹1.25 lakh crore spent on CSR in the last seven years, only 4 to 5% funds h

The Hindu

ESG Finds Growing Place at the China Investment Table

Chinese institutional investors are increasingly considering environmental, social and governance factors when choosing where to place their money By Charles Qiu

Benzinga

Pandemic keeps uber rich off charities, contribution drops from 18% to 11%: Report

NEW DELHI: In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the Covid-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report.

The Times of India

IIT-Madras, tech firm to develop robots for people with limb impairment

CMC Vellore is supporting the project through its CSR funds

The Hindu

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Benzinga

A Wish For The Cannabis Industry: Net Positive, Integrated CSR

This article was originally published on Vicente Sederberg LLP and appears here with permission.

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