Education favourite CSR activity among Indian companies In 2014-15, nearly Rs 8,029 crore was spent by Indian companies towards Corporate Social Responsibility (CSR) initiatives. An amendment to the Companies Act in 2014, made it mandatory for companies to put aside 2% of their average net profit of the three preceding financial years, for social causes. [...]
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U.S. policymakers, companies see a Brexit hurting investment, profits
A vote by Britons to leave the European Union on Thursday may not drag the United States into recession, but its effects on U.S. monetary policy, trade and corporate profits are causing concern in Washington D.C. and boardrooms alike. Market volatility in the immediate aftermath of such an unprecedented decision would likely drive down the [...]
June 22, 2016
Business
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Complaint registered against 15 Bt cotton seed companies
Kariyappa, a farmer from Turakanadoni village in Raichur taluk, has filed a private complaint with the Chief Judicial Magistrate, Raichur, against 15 Bt cotton seed companies, with regard to crop loss caused by pink-bollworm pest this year. The accused companies are Nuziveedu Seeds Private Limited, Kaveri Seeds Private Limited, Shriram Bioseed Genetics India Private Limited, [...]
Outlook for Chinese energy companies lowered
HONG KONG, April 1 (UPI) — Chinese oil and gas companies are among the government-related entities facing credit pressures over the next two years, Standard & Poor’s said Friday. More than a dozen Chinese companies with close ties to the government, including oil and gas companies like China National Petroleum Corp. and CNOOC Ltd., China’s [...]
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Initially competing under the name Team Propero before partnering with students from Sekolah Menengah Kebangsaan Bandar Putra School in Malaysia to form Team Propulsar, the team from Hartland International School in Dubai edged 24 others [...]
