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A significant part of the startup ecosystem are the environmentally conscious innovations. Let’s shine a spotlight on the remarkable contributions of eco-startups in India. These enterprises are not only addressing environmental challenges but are actively creating solutions that help the world become a better place.
Renewable Energy Pioneers: Eco-startups in India are at the forefront of revolutionising the energy sector. Companies like ReNew Power and Greenko are pioneering renewable energy solutions, contributing to the global shift towards cleaner and sustainable power sources.
Agro-Innovators: Startups in agritech, such as CropIn and Ninjacart, are leveraging technology to enhance agricultural practices, promoting sustainable farming methods and reducing environmental impact.
Waste Management Innovations: Cleantech startups like Kabadiwalla Connect and Blue Planet Environmental Solutions are leading the way in effective waste management solutions, promoting circular economies and reducing landfill burden.
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Best Registration Services in India
Best Corporate Services, Top Accounting Services, and Best Registration Services in India by Tax Backet
In today’s dynamic business landscape, every company, whether small or large, requires expert assistance to navigate the intricacies of tax compliance, financial management, and business registrations. In India, the complexity of government regulations and the rapid changes in financial laws make it essential for businesses to partner with experienced professionals who understand the local market and legal framework.
Tax Backet stands out as a trusted name when it comes to providing the Best Corporate Services in India, Top Accounting Services in India, and the Best Registration Services in India. With a team of highly skilled professionals, cutting-edge technology, and a deep understanding of the Indian regulatory environment, Tax Backet offers comprehensive solutions to businesses across various sectors.
Best Corporate Services in India by Tax Backet
Corporate services encompass a wide range of activities designed to ensure that a company operates smoothly while adhering to regulatory requirements. From financial management to legal compliance and strategic consulting, Tax Backet provides end-to-end solutions to help businesses thrive in a competitive environment.
Key Features of Our Corporate Services:
Corporate Tax Planning and Compliance: Tax planning is a critical aspect of running a successful business. At Tax Backet, we help businesses minimize their tax liabilities through strategic planning and ensure complete compliance with the Income Tax Act, GST Act, and other applicable laws. Whether it's tax deductions, exemptions, or credit optimization, we ensure that your business maximizes its financial potential while avoiding legal penalties.
Corporate GST Services: The introduction of GST (Goods and Services Tax) has changed the way businesses manage indirect taxes in India. Whether it’s GST registration, filing returns, or managing GST compliance, Tax Backet offers expert assistance to businesses of all sizes. We ensure timely and accurate filing of GST returns, provide consultancy on tax-saving opportunities, and assist in handling disputes with tax authorities.
Mergers and Acquisitions (M&A) Advisory: Mergers, acquisitions, and business restructuring often involve intricate tax and legal implications. Tax Backet offers M&A advisory services, helping businesses assess the risks, optimize structures, and complete transactions smoothly. We provide expert assistance with due diligence, valuation, tax implications, and post-merger integrations.
Corporate Governance: Strong corporate governance ensures that a business operates ethically and complies with all statutory obligations. Tax Backet provides services related to corporate governance, including board management, shareholder agreements, corporate social responsibility (CSR) advisory, and ensuring compliance with the Companies Act.
Legal and Regulatory Compliance: Keeping track of evolving regulations is crucial for any business. At Tax Backet, we offer regulatory compliance services, helping businesses stay up to date with legal frameworks such as the Companies Act, SEBI regulations, and various sector-specific laws. Our expert team ensures that your business avoids legal pitfalls and remains fully compliant.
Company Secretarial Services: The role of a company secretary has grown more important with the increasing complexity of business laws in India. Tax Backet provides professional company secretarial services, assisting with corporate filings, drafting agreements, maintaining statutory records, and ensuring timely submission of documents to regulatory authorities.
Payroll and Employee Benefits Services: Managing employee payroll and benefits can be time-consuming for businesses. Tax Backet offers efficient payroll management solutions, ensuring compliance with labor laws and tax regulations. We handle everything from salary processing, tax deductions, and provident fund contributions to employee benefits, allowing businesses to focus on growth.
Top Accounting Services in India by Tax Backet
Accounting is the backbone of any business, providing critical insights into its financial health and ensuring regulatory compliance. Whether you are a start-up or an established enterprise, Tax Backet offers Top Accounting Services in India designed to meet the unique needs of your business.
Key Features of Our Accounting Services:
Bookkeeping and Financial Reporting: Accurate and timely financial records are essential for making informed business decisions. Tax Backet offers bookkeeping services that maintain up-to-date financial records, which are essential for creating financial statements like the balance sheet, profit and loss account, and cash flow statements. Our team ensures that your books are accurate and comply with Indian Accounting Standards (Ind AS).
Tax Accounting: Proper tax accounting is necessary to ensure that your business pays the correct amount of taxes while optimizing its tax position. Tax Backet helps businesses with tax accounting services, preparing tax returns, and ensuring compliance with both direct and indirect tax laws. We also assist in managing TDS (Tax Deducted at Source) and GST returns.
Internal Audits and Assurance Services: Conducting regular internal audits is vital for identifying operational inefficiencies and ensuring financial transparency. Tax Backet offers comprehensive audit services, including internal audits, statutory audits, and compliance audits. Our audit services help businesses detect errors, fraud, and risks, offering assurance to stakeholders and regulatory authorities.
Financial Planning and Budgeting: Financial planning is key to achieving long-term success. Tax Backet helps businesses with financial planning, forecasting, and budgeting to ensure that they are on track to meet their financial goals. We also assist in creating detailed budgets, allocating resources effectively, and implementing controls to stay within financial limits.
Management Reporting: Timely and accurate management reports provide a clear picture of your business’s financial performance. Tax Backet prepares and presents detailed reports that analyze key financial metrics, including profitability, liquidity, cost management, and other key performance indicators (KPIs). These insights help businesses make data-driven decisions.
Financial Reconciliation Services: Reconciling your business’s accounts is essential for ensuring that there are no discrepancies in your financial records. Tax Backet offers bank reconciliation services, revenue and expense reconciliation, and other financial checks to ensure the accuracy of your financial data.
Cash Flow Management: Proper cash flow management is vital for sustaining day-to-day business operations. Tax Backet helps businesses with managing their cash flow, ensuring that funds are available when needed. Our services include cash flow forecasting, identifying liquidity gaps, and recommending strategies to maintain positive cash flow.
Best Registration Services in India by Tax Backet
Starting a business or launching a new venture in India requires going through various registration processes to ensure legal and tax compliance. Whether it’s a new company formation, GST registration, or other business licenses, Tax Backet offers the Best Registration Services in India to ensure a smooth and hassle-free process.
Key Features of Our Registration Services:
Company Registration (Private Limited & LLP): Registering a company is a significant step in formalizing your business. Tax Backet helps entrepreneurs and businesses with Private Limited Company registration and Limited Liability Partnership (LLP) registration. We ensure that all legal formalities are handled efficiently, including the preparation of documents, application filing, and compliance with the Companies Act.
GST Registration: If your business turnover exceeds the prescribed threshold, it is mandatory to register for GST. Tax Backet provides seamless GST registration services, ensuring that your business meets the requirements under the GST Act. We also assist with GSTIN applications, document submission, and provide guidance on tax compliance.
Trademark Registration: Protecting your brand is essential for long-term success. Tax Backet offers trademark registration services, ensuring that your business name, logo, and brand elements are protected from unauthorized use. Our team assists in filing trademark applications and ensuring that your intellectual property is legally recognized.
DIN and DSC Registration: Directors of companies in India must obtain Director Identification Number (DIN) and Digital Signature Certificate (DSC). Tax Backet helps business owners and directors acquire DIN and DSC, ensuring that all regulatory requirements are met.
FSSAI Registration (Food Business License): For businesses in the food industry, FSSAI registration is mandatory. Tax Backet provides FSSAI registration services, ensuring that your business complies with food safety regulations. We guide you through the application process and ensure that your business is registered and authorized to operate.
Importer Exporter Code (IEC) Registration: If your business involves international trade, an IEC registration from the Directorate General of Foreign Trade (DGFT) is necessary. Tax Backet offers IEC registration services, ensuring that your business complies with export and import regulations.
Why Choose Tax Backet for Your Business?
At Tax Backet, we understand the challenges that businesses face in navigating complex tax and regulatory systems. Our expertise in corporate services, accounting, and registration ensures that your business stays compliant, efficient, and ready to grow.
Expert Professionals: Our team comprises highly qualified professionals, including tax consultants, accountants, and legal experts.
End-to-End Solutions: We provide a wide range of services, from corporate tax planning to company registration, making us your one-stop service provider.
Timely and Reliable: We value time and guarantee prompt and efficient service delivery.
Affordable Pricing: Our services are competitively priced to offer the best value for your investment.
If you’re looking for Best Corporate Services in India, Top Accounting Services in India, and Best Registration Services in India, look no further than Tax Backet. Reach out today to find out how we can help you take your business to the next lev
#Best Corporate Services in India#Top Accounting Services in India#Best Registration Services in India
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[ad_1] Truecaller, the leading global communications platform, has appointed Gaurav Loomba as India's Senior Director of Public Affairs. Gaurav joined Truecaller following a distinguished career as the AVP of Government and Public Affairs at Paytm, and he has also held positions at the National Payments Corporation of India and ICICI Bank. This appointment comes close on the heels of another seasoned industry veteran, Seema Jindal, joining from Bharti Airtel. Seema leads Truecaller’s Public Affairs mandate on the telecom business. Gaurav Loomba joins truecaller as Senior Director of Public Affairs With two decades of experience in financial services and digital payments, Gaurav was instrumental in fostering relationships with government and industry associations on policy and regulatory reforms in the sector, as well as managing CSR and ESG initiatives. At Truecaller, Gaurav will work closely with government agencies to lead the implementation of a public affairs strategy that secures necessary regulatory and policy support for Truecaller’s sustained growth and innovation in India. Speaking on his new role, Gaurav said, "I am pleased to announce my appointment as the Senior Director of Public Affairs at Truecaller. In this role, I will be tasked with enhancing the organisation's engagement with government ministries and agencies. My primary objective will be to develop and implement strategies that ensure comprehensive policy and regulatory support, thereby reinforcing Truecaller's commitment to the Indian market. “ Truecaller stays committed to India by continuing to expand the Public Affairs mandate in its largest market with over 383 million users. Gaurav will report directly to Kari Krishnamurthy, Truecaller's Chief Commercial Officer. Welcoming Senior Director of Public Affairs, Kari Krishnamurthy, Chief Commercial Officer at Truecaller, said, "Gaurav Loomba's leadership in Public Affairs marks a pivotal step as we deepen our focus on India, our largest market. His regulatory expertise and ability to cultivate meaningful stakeholder engagement will strengthen our partnerships and advance our strategic goals in telecommunications." About Truecaller Truecaller is an essential part of everyday communication for over 425 million active users, with more than a billion downloads since launch and close to 46 billion unwanted calls identified and blocked in 2023 alone. The company is headquartered in Stockholm since 2009 and has been publicly listed on Nasdaq Stockholm in October, 2021. Visit www.truecaller.com for more information. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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[ad_1] Truecaller, the leading global communications platform, has appointed Gaurav Loomba as India's Senior Director of Public Affairs. Gaurav joined Truecaller following a distinguished career as the AVP of Government and Public Affairs at Paytm, and he has also held positions at the National Payments Corporation of India and ICICI Bank. This appointment comes close on the heels of another seasoned industry veteran, Seema Jindal, joining from Bharti Airtel. Seema leads Truecaller’s Public Affairs mandate on the telecom business. Gaurav Loomba joins truecaller as Senior Director of Public Affairs With two decades of experience in financial services and digital payments, Gaurav was instrumental in fostering relationships with government and industry associations on policy and regulatory reforms in the sector, as well as managing CSR and ESG initiatives. At Truecaller, Gaurav will work closely with government agencies to lead the implementation of a public affairs strategy that secures necessary regulatory and policy support for Truecaller’s sustained growth and innovation in India. Speaking on his new role, Gaurav said, "I am pleased to announce my appointment as the Senior Director of Public Affairs at Truecaller. In this role, I will be tasked with enhancing the organisation's engagement with government ministries and agencies. My primary objective will be to develop and implement strategies that ensure comprehensive policy and regulatory support, thereby reinforcing Truecaller's commitment to the Indian market. “ Truecaller stays committed to India by continuing to expand the Public Affairs mandate in its largest market with over 383 million users. Gaurav will report directly to Kari Krishnamurthy, Truecaller's Chief Commercial Officer. Welcoming Senior Director of Public Affairs, Kari Krishnamurthy, Chief Commercial Officer at Truecaller, said, "Gaurav Loomba's leadership in Public Affairs marks a pivotal step as we deepen our focus on India, our largest market. His regulatory expertise and ability to cultivate meaningful stakeholder engagement will strengthen our partnerships and advance our strategic goals in telecommunications." About Truecaller Truecaller is an essential part of everyday communication for over 425 million active users, with more than a billion downloads since launch and close to 46 billion unwanted calls identified and blocked in 2023 alone. The company is headquartered in Stockholm since 2009 and has been publicly listed on Nasdaq Stockholm in October, 2021. Visit www.truecaller.com for more information. !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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Rotary Foundation (India): A Catalyst for Sustainable Development through CSR
Rotary Foundation (India) (RF(I)) has emerged as a significant player in the realm of Corporate Social Responsibility (CSR) since it launched its pan-India operations in October 2016. With a mission to address critical humanitarian needs, RF(I) collaborates with corporate partners to implement impactful projects that align with the foundation's core values and the statutory obligations of Indian corporations under the Companies Act of 2013. This article explores how RF(I) is leveraging corporate partnerships to drive sustainable development across India.
The Importance of CSR in India
The introduction of the Companies Act of 2013 marked a pivotal shift in how businesses engage with social and environmental issues. Corporations are now mandated to allocate a minimum percentage of their profits towards CSR initiatives, transforming traditional philanthropy into structured programs aimed at creating measurable social impact. Rotary Foundation (India) positions itself as an ideal partner for corporates seeking to fulfill these obligations through effective and sustainable projects.
Key Areas of Focus
RF(I) operates across seven key areas that address some of the most pressing challenges faced by communities:
Health Systems Strengthening: Enhancing access to healthcare services, focusing on preventive, promotive, and curative care.
Education: Improving literacy rates and educational access for marginalized communities.
Water, Sanitation, and Hygiene (WASH): Establishing sustainable water supply and sanitation systems to reduce health risks.
Economic Development: Supporting local economies through skills training and entrepreneurship initiatives.
Environmental Sustainability: Promoting conservation efforts and ecological balance within communities.
Peacebuilding: Implementing programs that foster peace and conflict resolution.
Maternal and Child Health: Addressing health disparities affecting mothers and children.
Achievements in CSR
Since its inception in CSR, RF(I) has partnered with nearly 400 corporate entities, facilitating projects valued at over $10.6 million. The foundation has successfully completed more than 3,375 projects, collectively worth approximately $1.48 billion, showcasing its commitment to creating sustainable change.
Notable Projects
Healthcare Initiatives: Projects aimed at universal healthcare access, including mobile health clinics and community health awareness programs.
Water Conservation Efforts: Implementation of wastewater treatment plants and community water supply systems that ensure clean drinking water.
Environmental Initiatives: Creation of high-density forests using the Miyawaki method for biodiversity conservation.
Collaboration with Corporates
RF(I) believes in the power of collaboration and actively seeks partnerships with both large corporations and small businesses. By aligning corporate strengths with community needs, RF(I) ensures that CSR initiatives are not only impactful but also sustainable. This collaborative approach allows RF(I) to leverage resources effectively while maximizing the benefits for local communities.
Recognition and Awards
The dedication of RF(I) to impactful CSR initiatives has not gone unnoticed. The foundation was honored with the Best CSR Implementing Partner (Global Organisation) award at the 14th India CSR Awards held in New Delhi, recognizing its outstanding contributions to social good and sustainability.
Conclusion
Rotary Foundation (India) stands as a testament to how strategic partnerships between corporations and NGOs can lead to significant social change. By focusing on sustainable development across various sectors, RF(I) continues to empower communities and improve lives throughout India. As more corporations seek to fulfill their CSR obligations, partnering with RF(I) offers a pathway to create lasting impact while fostering community goodwill.For those interested in contributing or learning more about RF(I)'s initiatives, engaging with local Rotary clubs is an excellent way to start making a difference in society.
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Key Benefits of Partnering with Marpu Foundation for CSR Initiatives
The Marpu Foundation is one of India’s leading non-profit organizations, dedicated to creating sustainable social change. Founded by Kadiri Raghu Vamsi, it operates across 15 states in India with a mission to tackle pressing issues such as education inequality, healthcare access, environmental degradation, and poverty. By aligning its work with the United Nations Sustainable Development Goals (SDGs), Marpu Foundation ensures a global perspective in solving local challenges
What Does Marpu Foundation Do?
Marpu Foundation focuses on impactful programs, including:
Education Initiatives: Improving access to quality education through innovative teaching methods and infrastructure support.
Healthcare Programs: Operating mobile health clinics to provide essential medical services to underserved communities.
Environmental Conservation: Leading large-scale reforestation drives and clean water projects to restore ecological balance and improve livelihoods.
Empowerment Programs: Supporting women, youth, and marginalized groups through skill development and employment opportunities.
A Quick Look at CSR Initiatives
Corporate Social Responsibility (CSR) is a strategy for companies to contribute to societal well-being while aligning with their business goals. Through CSR, businesses can support communities, promote sustainability, and build stronger connections with their stakeholders. Effective CSR initiatives not only create a positive social impact but also enhance a company's reputation and employee satisfaction.
Why Partner with Marpu Foundation?
Global Goals, Local Impact Marpu Foundation’s alignment with SDGs ensures businesses contribute to globally significant causes while addressing local issues effectively.
Customized CSR Opportunities From education to environmental conservation, Marpu provides diverse programs tailored to suit a company’s CSR strategy. This ensures that the initiatives resonate with the organization’s mission and values.
Enhanced Brand Reputation Collaborating with an award-winning organization like Marpu boosts brand credibility. The foundation’s proven track record showcases the tangible impact of its initiatives, adding value to your CSR efforts.
Employee Engagement Marpu offers employee volunteering opportunities, fostering team spirit and boosting morale. Participating in meaningful activities like tree plantations or educational workshops allows employees to make a real difference.
Transparency and Accountability The foundation provides clear reporting and measurable outcomes for all initiatives, ensuring that your investment yields visible and impactful results.
Tax Benefits Contributions to Marpu Foundation are tax-deductible under Section 80G of the Indian Income Tax Act, making it a financially advantageous option for CSR spending Partnering with Marpu Foundation for CSR initiatives is a step towards building a more sustainable and equitable society. Beyond fulfilling statutory requirements, businesses can create lasting change while strengthening their brand and engaging employees in meaningful ways. Join hands with Marpu Foundation to transform lives and shape a better future.
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Marpu foundation
Key Benefits of Partnering with Marpu Foundation for CSR InitiativesThe Marpu Foundation is a leading non-profit organization in India, recognized for its innovative and impactful work in sustainable development and social empowerment. Partnering with Marpu for CSR initiatives offers corporations multiple benefits, including fulfilling their social responsibility goals, enhancing employee engagement, and driving meaningful change in communities.1. Diverse CSR OpportunitiesMarpu Foundation collaborates with corporate partners on a wide range of impactful projects, including environmental sustainability, quality education, and healthcare. Companies can align their CSR objectives with Marpu’s mission, adopting projects such as tree planting, clean energy programs, or school refurbishments. For example, through its partnerships, Marpu has supported underprivileged communities across 15 Indian states, implementing solutions tailored to local needs.2. Enhanced Employee EngagementMarpu’s programs, such as on-ground volunteering, virtual initiatives, and payroll giving, provide employees with opportunities to actively contribute to social causes. These initiatives not only boost morale but also strengthen team dynamics and corporate culture. For instance, employees from Marpu’s corporate partners have participated in activities like marathon sponsorships and creating audiobooks for visually impaired children.3. Brand Visibility and ReputationCollaborating with Marpu enhances a company’s brand image by showcasing its commitment to social impact. Marpu organizes events like marathons and cyclothons, allowing corporate sponsors to gain visibility while promoting sustainability. Cause-related marketing campaigns with Marpu also amplify a company's positive reputation among customers and stakeholders.4. Impactful and Transparent ResultsMarpu provides regular updates to corporate partners, ensuring transparency and showcasing the tangible impacts of their contributions. For example, its initiatives have engaged over 12 million volunteers and supported causes like women’s empowerment, poverty alleviation, and education, demonstrating a strong track record of creating lasting change.Examples from Marpu’s ProjectsEnvironmental Projects: Marpu’s tree-planting drives contribute to climate action while engaging employees from partner corporations.Education Initiatives: Collaborations in building schools or providing educational materials help underprivileged children gain access to quality education.Healthcare Support: Projects like health camps in rural areas have improved access to essential medical services.By partnering with Marpu Foundation, companies can effectively integrate their CSR goals with scalable and impactful initiatives that uplift communities while strengthening their corporate identity. For more details, visit Marpu Foundation.
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The Potential of Pageant Sponsorships: Increasing Brand Awareness and Having a Beneficial Effect in India
Beyond glitz, beauty pageants are a cherished custom in India that honors talent, beauty, and cultural pride. These pageants have developed into forums for constructive change as the importance of women's empowerment, social responsibility, and cultural representation has increased. sponsor beauty events in India provides firms seeking to increase their awareness with a special chance to engage with a variety of audiences and contribute to significant social causes. Here are some examples of how pageant sponsorship in India can improve brand awareness and have a significant, long-lasting effect.
1. Increased Brand Awareness with a Focused Audience
In India, beauty pageants like Queen of India and other notable events garner a lot of national attention. Brands may reach millions of spectators, competitors, and supporters by supporting these high-profile events, both in person and via broadcast and digital media. Pageants are a great way for brands to connect with a wide range of people, including families, cultural aficionados, and young aspirants. Sponsors can gain significant visibility through media coverage, social media integration, and event signage.
Because sponsors can use event displays, promotional materials, and VIP experiences to highlight their goods or services, sponsorship also creates opportunities for deeper interaction. Customers who value the ideals of beauty, talent, and empowerment that these pageants symbolize are drawn to brands that are associated with famous events.
2. Genuine Audience Involvement via Pageant Collaborations
In India, pageant sponsorship enables marketers to establish a genuine and organic connection with their audience. Sponsors can interact directly with attendees through interactive product displays and branded booths, creating a memorable impression. For instance, wellness and beauty companies may provide samples or mini-makeovers so that guests may try their goods out for themselves. This in-person interaction improves the relationship between the brand and its audience and fosters brand loyalty.
Additionally, pageants present excellent chances for social media interaction. Brands can reach consumers on digital channels by using contestant interviews, co-branded material, and behind-the-scenes films. Amplification through social media is particularly useful for reaching younger, tech-savvy customers, giving advertisers the opportunity to reach a wider audience.
3. Developing Corporate Social Responsibility and Positive Social Impact
Today's Indian beauty pageants serve as venues for social impact, community involvement, and empowerment in addition to being a celebration of beauty. Brands may show their support for vital causes like women's empowerment, healthcare, and education by sponsoring these events. In line with the objectives of Corporate Social Responsibility (CSR), many pageants include social activities including awareness campaigns and community service programs.
Some pageants, for instance, plan campaigns that target topics like education, mental health, and gender equality. Sponsors actively promote social good by funding these programs, which appeals to contemporary customers who respect businesses with a mission. A positive brand image is produced by the association with pageants that highlight these significant causes, which reflects the values that audiences are prioritizing more and more.
4. Making a Difference in a Market With Competition
Sponsoring beauty events in India may help brands stand out in the competitive Indian market, where customers are continuously provided with brand options. A brand's appeal is increased and its ideals of grace, sophistication, and empowerment are aligned when it is associated with prominent pageants. In sectors like beauty, fashion, and leisure, where consumer perception and brand image are crucial to success, this distinction is especially beneficial.
Additionally, sponsorship strengthens ties with the event's influencers, judges, and competitors. For example, sponsors can engage audiences on social media by collaborating with influencers and candidates, which increases credibility and brand recognition. When advertised to followers who are interested in beauty and cultural events, the association with these powerful individuals enhances brand trust.
5. Customer Retention and Long-Term Loyalty
Building enduring relationships with customers is more important than gaining temporary attention when you sponsor beauty pageants. Pageant-related brands gradually establish a reputation as champions of culture, the arts, and self-determination. As a result of this link, clients who appreciate these principles become more loyal.
Additionally, recurring sponsorships strengthen the brand's dedication and increase its legitimacy and notoriety among a devoted following. Brands may cultivate brand loyalty and encourage customers to link them with efforts that promote empowerment, talent, and cultural pride by continuously sponsoring pageants that support great causes.
6. Encouragement of Diversity and Cultural Pride
In India, beauty pageants honor the country's rich history, talent, and cultural variety. Brands are helping to promote India's identity, pride, and traditions by supporting these events. Numerous pageants include sections devoted to exhibiting local dress, languages, and artistic expressions, giving sponsors an opportunity to encourage diversity and support local talent.
In India, where viewers take great pleasure in customs, this conformity to traditional ideals has a particularly strong effect. Companies who sponsor these pageants build a reputation for honoring and promoting Indian culture, which improves client loyalty and relationships. Additionally, sponsors who support the celebration of cultural diversity draw in customers who respect heritage, which gives the brand a significant and valued role in the marketplace.
Conclusion
Brands may increase their awareness, encourage genuine interaction, and have a good social impact by sponsoring beauty pageants in India. In addition to reaching a large audience, corporations that sponsor pageants also support the ideals of social responsibility, cultural pride, and empowerment. Customers' trust in a company is increased when it is associated with pageants that support diversity, community service, and personal development.
The strength of sponsor beauty events in India resides in the enduring relationships they forge in a time when customers are searching for companies with a mission. Brands have the potential to support the beauty and values that make these pageants unique in India's cultural context, making it more than just a marketing opportunity.
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MARPU FOUNDATION'S LEAD IN EXECUTING (CORPORATE SOCIAL RESPONSIBILITY) CSR
From the time of commencement until now Marpu foundation is a leading and successful NGO which showcases it's unique services to the mankind and nature by adapting the Sustainable Development Goals (SDG's).
The foundation itself is an exemplary example by it's extraordinary name called"MARPU FOUNDATION"mean inevitable change, transformation, adaptation, shaping, shifting, shaping and evolution. The founder of this prestigious foundation always have deep insights and concerns towards our society and environment.
His foresight never fails to garner such an impactful endeavours for the social empowerment and the environmental conservation. The NGO's fruitful endeavours earned the highest award called 'Chakra Award' in 2019 for the ingenious efforts towards the successive formulation of sustainable development.
And the second recognition was the celebration of "The Best NGO" in 2020 for the selfless positive approach towards education, health and the environmental initiatives.The foundation potentially partnered with over 250 corporate partners and 500 fortune companies across 22 Indian states. Their vision significantly aimed for the social change across variety of programs including education, health, women empowerment, environment conservation and the poverty alleviation through the volunteer projects.
PROJECTS AND THE IMPACTFUL MARKETING CAMPAIGNS
The success steps towards the CSR goals by undertaking various initiatives through innovative and exclusive programs.It creates the long lasting change in the lives of marginalized communities and the underprivileged people impacting over millions of people.
SHAPING FUTURES THROUGH EDUCATION:
Marpu foundation make sure that they implement effectively education for children especially in the remote areas by providing technological infrastructure along with innovative teaching techniques.
GREEN GUARDIANS: SUSTAINABLE JOURNEY TOWARDS GREEN ENVIRONMENT:
Marpu foundation has greatly imparted the" Clean chennai, Green chennai" campaign immensely improved the health and urban environments through the movement urban greenery in the metropolitan city chennai.
RECOVERY IN ACTION -DISEASE RESPONSE ACTIONS:
In the cities Ahmedabad, Jaipur, Delhi the foundation established their keen focus on the health, hygiene and recovery by conducted various awareness campaigns and workshops and constructing healthcare centers.
CELEBRATING THE COMMUNITY CHAMPIONS: BEHIND THE FOUNDATION'S INITIATIVES:
Volunteers in the foundation had actively took part in the cleaning to provide green environment by cleaning beaches,segregated the wastes and promoted environmental awareness.Plantation drives has been held as a prominent one in the rural and urban areas.
Marpu foundation's work has been more influential across Indian cities certainly have a powerful commitment through fostering resilience and self sufficiency across India.
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Sun Pharma is currently hiring Medical Writers to join its Specialty Development Global Team. Positions are open in Gurgaon and Mumbai. Location: Sun House - Corporate Office Company: Sun Pharma Laboratories Ltd Role and Responsibilities of medical writer This role will responsible for preparation of clinical high-quality protocol, investigator brochures, regulatory documents, data review, clinical study report, publications, and related clinical documents. Manuscript writing, poster/abstract preparation for conferences, co-ordinate with vendors for out-sourced activities and assist for procurement of scales. Systems and Processes Ensure to follow all clinical and regulatory guidelines, processes and systems for medical science activities and ensure compliance to internal medical writing SOPs for Clinical trial. To follow the designed process to write, review protocol for new trials and work closely with operation team to ensure high quality operationally feasible protocol for clinical trial. To co-ordinate with a process for review of all study synopsis from clinical, regulatory and operational perspective. Prepare and review SOPs specific for medical writing for clinical trial. Work closely with medical monitors for review of study documents (such as statistical analysis plan, data monitoring plan, coding plan, CRF) and data review activities Identify, recommend and lead process improvement initiatives Create and evaluate metrics to assess performance and implement plans for course correction. Well versed with systems (MedDRA and WHO-DD) for data coding including coding of adverse events and drugs. Good knowledge of different randomization procedures and different blinding techniques to be used in clinical trials. Identify, recommend and lead process improvement initiatives Create and evaluate metrics to assess performance and implement plans for course correction. Activities Responsible for clinical trial medical science related activities like preparation of protocol, Clinical Study Report (CSR) and appendices, and SOPs in line with ICH GCP requirement, Indian and global regulatory requirement. Conduct relevant literature search for required for protocol, CSR, and manuscript writing Responsible for writing clinical journal manuscripts, clinical journal abstracts, and study article for publication Responsible for preparation of protocol and clinical study reports presentation in subject’s expert committee (SEC) regulatory meeting. Responsible for collaboration with vendors for manuscript writing, abstract/poster preparation, procurement of clinical scales/PROs (Patient reported Outcomes). Responsible for coordination with data management team to ensure timely review of data extract and data cleaning activities to ensure timely database lock and release of tables, figures, and listings (TLFs). Responsible for coordinating with biostatistician to engage early with the study team for sample size certificate, review of statistical analysis plan (SAP) apart from review of mock and/or blinded tables, figures, and listings (TFLs), and narrative and discussion planning for relevant documents in co-ordination with medical monitor Responsible for registering on clinical trials registries (e.g. CTRI) Ensures that medical writing deliverables conform to International Conference on Harmonization (ICH) and other relevant regulatory guidelines Creates and maintains standard operating procedures and work instructions for preparation and maintenance of compliant medical writing deliverables Ensures that medical writing deliverables conform to International Conference on Harmonization (ICH) and other relevant regulatory guidelines Creates and maintains standard operating procedures and work instructions for preparation and maintenance of compliant medical writing deliverables Responsible for mentoring and leads less experienced medical writers on complex projects, as necessary Related Experience requirement to Apply Sun pharma medical write vacancy
B. Pharma/M.Sc/M.Pharma/PhD/BAMS/BHMS/life sciences educational background. Relevant medical writing experience is desirable. Excellent medical writing skills. Well versed with different guidelines such as IMRAD, CONSORT and different publication guidelines Well versed with different guidelines such as IMRaD, CONSORT and relevent publication guidelines Well versed with current GCP/GDP regulations Thorough knowledge of GCP guidelines, ICMR guidelines 2017 and Drugs and Cosmetic Act regulations pertaining to clinical trials and other regulatory guidelines like FDA Experience of working in matrix business environments preferred Strong track record of success as demonstrated through annual performance ratings and/or professional accomplishments and awards Competency requirement Strong medical knowledge of different therapeutic area Sound functional knowledge of clinical research and medical writing activities Collaboration and teaming with ability to work in a matrix environment Strategic thinking & sound analytical skills Good writing and communication skills Sense of urgency & desire to excel Proficiency with Excel or software statistical tools. Self-awareness and adaptability to work in a matrix environment Result oriented and performance driven Excellent interpersonal & communication skills to effectively interact with a broad range of audience Physical requirements/working conditions The role is based at Sun house Mumbai. Occasional travel related to official work may be required. Apply online [caption id="attachment_56281" align="aligncenter" width="930"] Sun Pharma Walk-In Drive for Production, QA, and Engineering Roles[/caption]
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Beyond Profit: Corporate Social Responsibility in India
In recent years, Corporate Social Responsibility (CSR) has evolved significantly, transitioning from a mere business trend to a fundamental aspect of corporate governance. In India, CSR has gained considerable traction, particularly as businesses and stakeholders recognize the broader social, environmental, and economic benefits of integrating social responsibility into their operations. This blog delves into the nuances of CSR in India, exploring its implications, benefits, and the role of NGOs in fostering a culture of corporate social responsibility.
Understanding Corporate Social Responsibility
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns into their business operations and interactions with stakeholders. Beyond merely pursuing profit, CSR entails a commitment to ethical practices, environmental stewardship, and community engagement. In India, CSR has become a strategic imperative for many organizations, reflecting a growing awareness that business success and social good are not mutually exclusive but rather complementary.
The Legal Framework for CSR in India
India stands out globally for its progressive stance on CSR. The Companies Act of 2013 marked a significant shift, mandating that companies meeting specific criteria must allocate 2% of their average net profit over the previous three years to CSR activities. This legislation applies to companies with a net worth of INR 500 crore or more, or an annual turnover of INR 1000 crore or more, or a net profit of INR 5 crore or more. This legal requirement has not only institutionalized CSR but has also encouraged many Indian companies to embed social responsibility deeply into their corporate ethos.
Key Areas of CSR Focus in India
In India, CSR activities are diverse and encompass various areas, including:
1. Education
Ensuring quality education and enhancing learning opportunities, especially for underprivileged children, has been a focal point. Many companies fund scholarships, build schools, and support educational programs.
2. Healthcare
Corporates invest in health infrastructure, support health campaigns, and provide medical aid to underserved communities. This includes funding hospitals, organizing health camps, and supporting initiatives to combat diseases.
3. Environment
Environmental sustainability is a crucial area, with companies engaging in activities such as afforestation, waste management, and water conservation. Initiatives to reduce carbon footprints and promote green energy are also prevalent.
4. Rural Development
Companies often focus on rural development, aiming to improve living standards in remote areas. Projects may include infrastructure development, skill training, and livelihood enhancement programs.
5. Women's Empowerment
Empowering women through skill development, employment opportunities, and support for women-led enterprises is another significant CSR focus.
Benefits of Corporate Social Responsibility
The integration of CSR into business strategy yields numerous benefits, both tangible and intangible:
1. Enhanced Brand Reputation- Companies engaged in CSR often enjoy a positive public image, which can enhance brand reputation and consumer trust. This can lead to increased customer loyalty and differentiation in the marketplace.
2. Attracting and Retaining Talent- Employees are increasingly seeking to work for companies that align with their values. CSR initiatives can attract talent and reduce turnover by creating a positive work environment and fostering a sense of purpose among employees.
3. Risk Management- CSR practices can help mitigate risks associated with regulatory compliance, environmental impacts, and social issues. By addressing potential concerns early, companies can avoid crises and build resilience.
4. Operational Efficiency- Many CSR activities, such as resource conservation and waste reduction, can lead to cost savings and operational efficiencies. Sustainable practices often result in long-term financial benefits.
5. Stakeholder Engagement- CSR fosters better relationships with stakeholders, including customers, suppliers, and the local community. Engaging with stakeholders and addressing their concerns can lead to more harmonious business operations.
Partner with Smile for Corporate Social Responsibility
Social Development Organisations like Smile Foundation can strategically help in navigating Corporate Social Responsibility for impactful results. Over a decade, we have been acting as intermediaries between corporates and communities, bringing expertise, local knowledge, and credibility to CSR initiatives. Our approach is to design and implement projects, ensuring that all needs of the underserved communities are addressed so that collectively meaningful impact can be created.
Working closely on the ground level, we have been able to dive and collect deep insights into the community through which we offer valuable guidance in developing effective CSR strategies. Our on-ground experience enables us to tailor projects to local contexts, increasing their efficacy.
With a commitment towards transparency, Smile CSR Partnerships focus on continuous Project Implementation, Monitoring and Reporting, as this helps to ensure that initiatives are carried out efficiently and meet their intended goals.
We aim to leverage our CSR partnerships to bridge gaps between corporations and communities, facilitating dialogue and fostering mutual understanding. This can lead to more impactful and sustainable CSR projects. Thus, our approach also includes Capacity Building through several capacity-building activities, which can complement corporate efforts. United with the Corporate, we train community members, develop local leadership, and strengthen institutional frameworks, contributing to long-term development.
In a rapidly changing world, where social responsibility is increasingly demanded by stakeholders, companies that embed CSR into their core values and operations are likely to thrive. Smile believes that in today’s day and age, the Corporate Social Responsibility paradigm has to be Beyond profit, and more focussed on the true measure of lasting positive social transformations that can help Indian businesses to develop, innovate and expand their brands as well as the community. We firmly are committed to creating a powerful example of how commerce and compassion can go hand in hand, driving progress and creating a more equitable and sustainable future for all.
Let's partner to drive positive change for national development.
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Understanding Zoonotic Diseases: Bridging Human and Animal Health
In recent years, the intersection of human health, animal welfare, and environmental sustainability has garnered increasing attention. This convergence highlights the importance of Corporate Social Responsibility (CSR) in various industries, especially in addressing issues related to animals used for research, combating animal cruelty, and promoting health through sustainable practices. As we explore these themes, we will also discuss the rising popularity of veganism in India, particularly as it relates to the understanding and prevention of zoonotic diseases.
The Role of Corporate Social Responsibility
Corporate Social Responsibility is more than just a business buzzword; it represents a commitment by companies to contribute positively to society and the environment. In the context of animal welfare, CSR initiatives can take many forms. Companies involved in animal research must ensure that their practices are ethical, humane, and scientifically justified. Transparency in research processes and prioritizing animal welfare are crucial steps in fostering public trust and demonstrating a genuine commitment to ethical standards.
Many organizations are actively working against animal cruelty, advocating for the humane treatment of animals used in research. These initiatives often include funding alternatives to animal testing, such as in vitro methods and computer modeling, which can reduce the reliance on live animals in research. By adopting such strategies, businesses not only fulfill their ethical obligations but also align themselves with consumer values, as more people are becoming aware of animal welfare issues.
The Importance of Supporting Animal Rescue Efforts
In addition to corporate efforts, individual contributions play a vital role in improving the lives of animals. One significant area of focus is the need for donation for dogs in India. With millions of stray dogs facing neglect and abuse, supporting local shelters and rescue organizations is critical. Donations can help provide food, medical care, and shelter for these vulnerable animals, giving them a second chance at life.
If you’re looking to make a difference, consider searching for dog rescue near me to find local organizations where you can volunteer or donate. Many rescue groups operate tirelessly to save abandoned dogs, rehabilitate them, and find them loving homes. Your involvement can create a ripple effect, encouraging others to participate and support the cause.
The Connection Between Veganism and Animal Welfare
Veganism is rapidly gaining traction in India, driven by a growing awareness of animal rights and environmental sustainability. As more individuals adopt plant-based diets, there is a significant reduction in the demand for animal products, which often contributes to animal cruelty in industrial farming and research settings.
Vegan Indian food offers a rich tapestry of flavors and nutrients, making it an appealing choice for those looking to adopt a cruelty-free lifestyle. Dishes such as chana masala, vegetable biryani, and various lentil curries provide protein and essential nutrients while eliminating the ethical concerns associated with animal consumption.
Incorporating veganism into daily life not only benefits animals but also promotes better health outcomes. A plant-based diet is often associated with lower rates of chronic diseases, which can ultimately reduce healthcare costs. By choosing vegan options, individuals contribute to a healthier society while advocating for animal rights.
Understanding Zoonotic Diseases
Zoonotic diseases, those transmitted from animals to humans, are a significant public health concern. With the increasing interactions between humans and wildlife, the risk of zoonotic diseases is heightened. Understanding the relationship between animal health and human health is vital in preventing outbreaks.
Incorporating animal welfare into public health strategies can lead to more effective disease prevention measures. For instance, by ensuring the humane treatment of animals used for research, we can minimize stress and suffering, which are known to influence the transmission of zoonotic diseases. Furthermore, promoting ethical research practices can lead to more accurate and reliable findings, ultimately benefiting both animal and human health.
The Way Forward: Integrating Efforts
To effectively address the challenges posed by zoonotic diseases, it is crucial to adopt a One Health approach, which recognizes the interconnectedness of human, animal, and environmental health. This framework encourages collaboration among various sectors, including veterinary medicine, public health, and environmental science, to create comprehensive solutions.
Corporate entities can play a pivotal role in this integration by investing in research that focuses on zoonotic diseases and promoting responsible practices in animal research. Additionally, companies can support community initiatives that aim to improve animal welfare and public health, thereby fulfilling their CSR objectives.
Individuals, too, can contribute by choosing veganism and supporting local animal rescue organizations in India. By donating to shelters and participating in community outreach programs, people can help mitigate the issues surrounding animal cruelty and promote a healthier environment.
Conclusion
The fight against zoonotic diseases, animal cruelty, and the promotion of veganism in India are interconnected challenges that require collective action. By embracing Corporate Social Responsibility, supporting animal rescue efforts, and advocating for plant-based lifestyles, we can foster a more compassionate and sustainable future for all living beings. As we bridge the gap between human and animal health, we pave the way for a healthier, more equitable world.
#animal rescue Organization in india#Animal Welfare#Against Animal Cruelty#Corporate Social Responsibility#CSR#Vegan Indian Food#animal protection organization#Animal Welfare Board of India#india animal fund
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Fiinovation Top CSR Company in India : To Delivering Social Sustainability
The concept of Corporate Social Responsibility became the talk of the town when it became a fashion to promote ethical capitalism or the benign side of capitalism or popularly known in some circles as 'Capitalism now with care.'
It became a widely known phenomenon among the Industrialists to incorporate the CSR practices in their respective firms. Now, CSR attracts a lot of supportive provisions from the regulatory bodies and the respective governments.
Popularity and necessity of CSR have grown to such an extent. It has taken a shape of an Industry. Various new firms are coming into the picture as advisors and consulting the big firms on Corporate's responsibility towards society and the environment.
Innovative Financial Advisors Pvt. Ltd. (Fiinovation) is such a research-based global consulting firm operating in multiple disciplines of social development sector with emphasis on Corporate Social Responsibility (CSR) and Sustainability.
Fiinovation offers end-to-end CSR consulting services that help Corporations channelize their resources for the upliftment of community on societal, economic and ecological aspects in accordance to their CSR charter.
Since 2008, Fiinovation has grown phenomenally and has made a benchmark in the sector through its quality service.
It has been able to bridge the gap between businesses and communities through value-based CSR programmes in association with credible civil society organizations on Pan India basis in the field of health, environment, education, and livelihood.
The firm's unique in-house "Proposal Research & Design Laboratory" gives it a competitive edge which emphasis on scientific and rational research, tools for developing more effective and result-oriented initiatives which are being conceived and implemented by organizations.
Fiinovation provides assistance in the identification of credible & programme-specific implementing partners with its organized and professional outlook towards the project.
True to its nature, the organization provides innovative programme concepts and reporting presentations.
What Makes them Stand Apart?
The firm's team with its expertise on the ground across India helps in identifying "real" needs and develop programs and manages them. They had developed an indicator matrix that recommends sustainability mapping, which is followed by a well-drafted Impact Assessment Report.
Fiinovation considers money spent under CSR as an investment and not an expenditure. CSR was incorporated as a mandate very recently under the new Companies Act.
Hence, there still exists a hesitance and ambiguity in defining CSR policies and integrating it into core operations. This is where Fiinovation comes into the picture. Proposal Research Laboratory which is complemented by a robust Monitoring & Evaluation Division enables the firm to make a remarkable difference in project implementation.
Indian psychology works majorly on short-term gains and lacks farsightedness, but ideally, the country needs to focus on achieving a sustainable development.
With a change in the socio-political scenario, new amendments constantly come to the fore. Most of them have vested interests, either of the state or the center, which in turn gives a new direction to corporates.
In order to cope with the modifications, corporates have to change their strategy time and again, leaving CSR initiatives and programs less impactful.
CSR activities are carried in three stages, Literature review and secondary research, primary research, which involves the collection of data, and then Analysis.
CSR Policy Design devising and formulating the righteous CSR policy and guidelines are the key elements for the businesses to consider the holistic and inclusive growth of the organization
Initiative Design & Management for Corporations : Fiinovation offers an exclusive practice in the form of CSR Policy design & Project Management for corporations in designing the requisite programme and its management
Initiative Design & Management for SME's : Owning to the different sets of requirements in the SME sector, Fiinovation, has customized its practices of CSR Policy Design & Implementation for approaching the socio-economic growth and sustainable development through the SMEs as per the need of the community wherein the businesses are operational
Monitoring & Evaluation-Need, Baseline, Mid-line & Impact Assessment: Fiinovation offers assistance to the regulators, donors, policy makers, implementers, and other stakeholders to sustain and enhance the Shared Value through customized Result Based Management (RBM) framework for their programmes and analyze the effect of their initiatives that they have conducted
Partnership management caters to the interest of both, the Corporation and Civil Society Organizations (CSOs)
Dr. Soumitro Chakraborty is driven by the need to bring about constructive and significant social change, he meticulously strategized and implemented several noteworthy CSR and Sustainability programmes across India in partnership with diverse corporations and NGOs.
Over the years, he proved his determination by converting challenges into opportunities and delivering quality, effective and strategic solutions to organizations for social initiatives at a grass root level, aiming at inclusive growth.
Backed by a rich sectoral experience, Dr. Soumitro serves on the board of several organizations as an advisor on sustainable development, CSR and environmental management.
Additionally, he serves as a visiting faculty to premier institutions and counsels the CII series on "CSR and Affirmative Action" and Institute of Directors – "Masterclass for Directors" on 'Sustainability – Corporate, Social and Environmental Responsibility.'
His profound command in the subject has earned him the honor of being an influential keynote speaker at various national and international conferences while penning articles for leading national publications.
Dr. Soumitro has recently been conferred with the 'Most Admired Leader Award in CSR & Sustainability' in Mumbai and been acknowledged with numerous accolades for his dynamic leadership.
He is an active Committee Member of the CII Northern Regional Committee for Affirmative Action and CSR & Gender Equality. He is also the Chairperson – Centre for CSR & Sustainability Excellence and Director to VAC Technologies Pvt. Ltd.
Company's Chronoscope
Awards and recognition
S. Chakraborty was recognized with the Most Admired Leaders Award 2017 for CSR & Sustainability in Mumbai
He is recipient of the ABP News Presents CSR Leadership Award – 'CSR Leadership' at the World CSR Congress in Mumbai on 17th Feb 2017
Honoured with the 'International Socrates Award "Queen Victoria" for 'commitment, dedication and achievements in innovative social initiatives in CSR & Sustainability' to Dr. Soumitro Chakraborty, CEO – Fiinovation by the Europe Business Assembly at Oxford, United Kingdom in March 2016
S. Chakraborty was conferred with the 'CSR Team of the Year' – Global CSR Excellence & Leadership Awards 2015 and 'Caring Company Award' at the World CSR Congress on 18th February in Mumbai
He was bestowed with the medal of 'Manager of the Year' & 'Best Enterprise of the Year – in the field of Health, Education, Environment and Livelihood with a focus on CSR & Sustainability' by the European Business Assembly, the Socrates Award Ceremony at the Summit of Leaders 2014 in Oxford, United Kingdom.
Recipient of the 'Best Innovation: Product or Service' award at the Social Innovation Awards, 2014 at the World CSR Day, Mumbai.
Source Url : Fiinovation CSR Awarded Company
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Sethurathnam Ravi on Merging Profit and Purpose in Investments
Sustainable investing has shifted from being a niche strategy to a driving force in reshaping the global financial landscape. Investors are no longer solely focused on profit but are also keen to align their financial objectives with broader social and environmental goals. This trend has gained significant momentum in India, with leading corporations like Tata Group and Infosys integrating their financial success with impactful initiatives.
According to Sethurathnam Ravi, also known as S Ravi BSE Chairman, the new mantra for Indian businesses is “profit with purpose.” This approach underscores the importance of using capital not only to generate returns but also to address pressing societal challenges.
Sethurathnam Ravi on Corporate Social Responsibility and ESG Integration
Sethurathnam Ravi emphasizes the significance of corporate social responsibility (CSR) in driving positive change. Companies like Tata Group are investing in areas such as education, healthcare, and rural development, while Infosys leads initiatives focused on digital literacy and environmental sustainability. Ravi notes that this holistic approach is essential for fostering inclusive growth while maintaining strong economic performance. By integrating environmental, social, and governance (ESG) factors into their business strategies, companies can simultaneously promote positive social impact and financial returns.
S Ravi BSE on the Rise of Sustainable Investing
The transformation of sustainable investing into a mainstream strategy reflects the growing awareness of ESG factors in investment decisions. Over the past decade, as S Ravi BSE Chairman highlights, the investment landscape has seen an increase in sustainable practices driven by concerns over climate change, inequality, and corporate governance. Investors are now more inclined to use their capital to drive social and environmental progress, recognizing the long-term risks associated with unsustainable business models.
Impact Investing: Sethurathnam Ravi’s Insights on Merging Profit with Purpose
One of the most promising developments within the sustainable investing space is impact investing. This strategy prioritizes the generation of positive social and environmental outcomes alongside financial gains. Sethurathnam Ravi explains that impact investors focus on projects addressing global challenges such as renewable energy, affordable housing, and accessible healthcare. Not only do these investments benefit society, but they also deliver attractive returns, making them an appealing option for investors seeking to align profit with purpose.
S Ravi BSE on Shareholder Activism: Driving Corporate Change
Shareholder activism has emerged as a powerful tool for responsible investors to influence corporate practices. By leveraging their ownership, investors can push for increased transparency, accountability, and alignment with ESG principles. Sethurathnam Ravi highlights the growing influence of shareholder resolutions, particularly those addressing climate change and diversity. These initiatives are pushing companies to reevaluate their practices and engage more deeply with their stakeholders, creating a more sustainable corporate environment.
Corporate Sustainability Reporting: The New Standard for Investors
Corporate sustainability reporting, once a voluntary practice, is now becoming a standard requirement for companies seeking investor trust. Sethurathnam Ravi points out that investors are increasingly demanding comprehensive ESG disclosures to assess long-term sustainability. With frameworks like the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) gaining traction, companies are now expected to provide clear insights into their sustainability performance. This transparency helps investors make informed decisions based on long-term value creation.
Integrating ESG Criteria: Sethurathnam Ravi’s Holistic Investment Approach
Incorporating ESG criteria into investment decisions is essential for long-term value creation. S Ravi BSE Chairman advises that investors who consider environmental, social, and governance factors alongside traditional financial metrics can better assess a company’s overall performance. This comprehensive approach enables investors to identify strong ESG opportunities while avoiding businesses with heightened sustainability risks, ultimately leading to more resilient investment portfolios.
Building a Sustainable Future: Sethurathnam Ravi on Responsible Investing
As the trend toward sustainable investing continues to grow, integrating ESG factors into investment strategies is increasingly seen as vital for building a sustainable future. Sethurathnam Ravi underscores the potential of this trend to create a more equitable and environmentally responsible global economy. By aligning financial objectives with broader social and environmental goals, investors can drive positive change while achieving superior risk-adjusted returns over time.
Conclusion
The insights shared by Sethurathnam Ravi, or S Ravi BSE Chairman, highlight the growing importance of sustainable investing in today’s financial world. By merging profit with purpose, impact investing, and corporate responsibility, companies and investors alike are working towards building a more sustainable and prosperous future. As ESG considerations become an integral part of investment strategies, the potential for long-term positive change becomes more apparent, paving the way for a more equitable and environmentally-conscious global economy.
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Anil Ambani and His Environmental Conservation Initiatives: A Commitment to Green Practices
Anil Ambani, a prominent Indian businessman, has long been known for his contributions to the corporate world. Beyond his entrepreneurial endeavours, Ambani has demonstrated a strong commitment to environmental conservation and sustainability. His initiatives in promoting green practices and supporting conservation efforts highlight his dedication to protecting the environment for future generations.
Renewable Energy Investments
One of the most significant steps Anil Ambani has taken toward environmental conservation is his investment in renewable energy. Ambani’s Reliance Group has substantially invested in solar and wind energy projects, recognising the pressing need to reduce carbon emissions and mitigate climate change. These initiatives aim to increase the share of clean energy in India’s power grid, thereby reducing dependence on fossil fuels and lowering greenhouse gas emissions.
Reliance Power, a subsidiary of the Reliance Group, has been at the forefront of these efforts. The company has developed several solar and wind power plants across India, contributing significantly to the country’s renewable energy capacity. By harnessing natural resources like sunlight and wind, these projects not only generate clean energy but also create jobs and support local economies.
Green Building Practices
Another area where Anil Ambani has shown leadership is in promoting green building practices. Understanding the environmental impact of traditional construction methods, Ambani’s initiatives focus on sustainable architecture and eco-friendly materials. The Reliance Group has implemented green building standards in its corporate offices and other facilities, ensuring energy efficiency, water conservation, and waste reduction.
For instance, the headquarters of Reliance Infrastructure, a part of the Reliance Group, is a LEED (Leadership in Energy and Environmental Design) certified building. This certification recognizes the building’s adherence to strict environmental and sustainability standards, including efficient energy use, reduced water consumption, and sustainable waste management practices.
Corporate Social Responsibility (CSR) Initiatives
Anil Ambani’s commitment to environmental conservation extends beyond his business ventures. Through the Anil Dhirubhai Ambani Group (ADAG) Foundation, he has launched several Corporate Social Responsibility (CSR) initiatives focused on environmental sustainability. These initiatives range from tree plantation drives to promoting awareness about environmental issues.
The ADAG Foundation has been actively involved in organizing community programs that educate people about the importance of preserving natural resources and adopting sustainable lifestyles. These programs aim to instil a sense of environmental stewardship among participants, encouraging them to take actions that contribute to a greener planet.
Promoting Sustainable Practices
In addition to these direct initiatives, Anil Ambani has been a vocal advocate for sustainable practices in both business and daily life. He has emphasized the importance of reducing carbon footprints, conserving water, and minimizing waste. By leading by example, Ambani encourages individuals and organizations to adopt more sustainable habits, whether through energy-efficient appliances, recycling, or supporting green businesses.
His speeches and public appearances often highlight the urgent need for collective action to combat environmental degradation. By leveraging his platform and influence, Ambani has been able to raise awareness about critical environmental issues and inspire others to take part in the global movement towards sustainability.
Anil Ambani’s environmental conservation initiatives reflect his deep commitment to creating a sustainable future. Through investments in renewable energy, green building practices, and CSR initiatives, he has demonstrated a proactive approach to environmental stewardship. His efforts not only contribute to the preservation of natural resources but also set a positive example for other businesses and individuals. As the world faces increasing environmental challenges, leaders like Anil Ambani play a crucial role in promoting green practices and driving the shift towards a more sustainable and resilient planet.
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THE FUTURE OF NGOs IN INDIA: TRENDS AND PREDICTIONS.
CSR is the most important business that aims to support society’s goals and contribute to the betterment of society. In this article, I will elaborate on the future of NGOs and predictions in light of CSR. The NGO sector in India has come a long way in the last decades because of increasing social issues in India.
Key Trends Shaping The Future Of Indian NGOs
Environment sustainability: Companies are focusing on CSR activities, which are a part of social welfare, like minimum waste management, renewable energy sources, and a positive impact on society. If a company fulfils the criteria of Section 135 of the Companies Act, then companies give a contribution of their profits to cover CSR activities.
Focus on Sustainable Development Goals (SDGs): which were adopted in September 2015, and the goals of SDGs are to eradicate poverty, combat inequality, and grow society. SDGs leverage CSR to achieve a life of dignity and opportunity for all.
Increased focus on Transparency and Accountability: If transparency is making contributions from international sources, then NGOs need to follow the regulatory compliances of FCRA and other legal frameworks, so they need to adopt a robust monitoring and evaluation system.
Digital Transformation: This tool is increasing day by day because of the adoption of technology, like fundraising electronically by Paytm, Google Pay, etc., and awareness campaigns. So, there is an increase in social media applications, which enhances their effectiveness.
Diversification Of Funding Sources (Corporate Social Responsibility (CSR):
There are new funding opportunities for NGOs by providing corporate contributions, which are part of the profit and cover CSR activities. There is a crowdfunding and social exchange enterprise platform for raising capital and issuing instruments to investors.
Predictions For The Future Of The NGO Sector In India
Easily market access on SSE: SSE was thought of as a mechanism to link NGOs and social enterprises with the capital markets. This platform increases opportunities, enhances transparency, unlocks new capital sources, and increases its reputation.
Increased focus on impact investment: Impact investors are looking for organizations that can make a positive impact on society along with financial returns.
Adoptions of sustainable business models: NGOs are increasingly adopting sustainable development models to achieve financial sustainability, like social enterprises, adopting a hybrid model.
Greater collaboration with government: governments focus on social contributions or welfare; at present, there is a portal offered by NITI Aayog (Darpan) to bring about significant partnerships between the government and the voluntary sector that increase efficiency, transparency, and accountability. In the future, there will be more portals for collaboration between the government and NGOs.
Challenges Facing Indian NGOs
Regulatory and Political Environment: Restrictive Policies: Indian NGOs have rarely been subjected to strict regulations and vigilant monitoring. There is an effect on operations, especially in advocacy and human rights.
Funding Constraints: There are amendments to the law with new regulations like FCRA that can limit access to fund raising, but this is not true at all. The main challenge faced by an NGO is how they can connect with local Indian people for fund-raising. This funding constraint can well be overcome by raising local resources. There are many experts and fundraising agencies that help Indian NGOs raise funds locally. Over the last decade, the Center for Fundraising has worked with over 500 NGOs, helping them navigate the fundraising constraints and reduce their dependence on foreign grants.
Capacity Building: The NGO has invested in skill development to provide training to staff and development to remain effective. They are working on enhancing abilities in areas like digital literacy, project management, and impact assessment. They also need to work on cultivating new sectors.
Public Perception and Trust: Building Credibility: Instances of financial mismanagement and a lack of transparency have affected the credibility of some NGOs. Rebuilding trust through ethical practices and transparent operations is essential.
Limited Capacity: NGOs often lack the technical and organizational capacity to implement and fulfil their mission, and few are willing or able to invest in training for capacity building. If the capacity of NGOs is not up to par or has less capacity, it will have effects on fundraising ability, governance, leadership, and innovation.
Opportunities For Growth And Innovation
Technological Innovations: Technology for NGOs benefits the organization, the volunteers, the employees, and other stakeholders and donors. One of the ways charitable organizations can effectively and strategically capitalize on technology is by investing in an ERP solution like Oracle NetSuite because of AI tools that can enhance market access.
Advocacy and Policy Influence: NGOs that are basically oriented towards development can affect policies in areas where state policy is open to advocacy and intervention. Many crucial matters of state policy are closed to any sort of intervention from outside. Relations between civil society and the state are porous.
Strategic Partnerships: Strategic partnerships between NGOs and other organizations can be beneficial for both parties. NGOs can gain financial, human, and technical resources, as well as expertise on issues like sustainable development. They can also become more well-known and gain a stake in civil society. Businesses can benefit from charity partnerships in multiple ways, such as by tackling social and environmental issues that matter to them.
Register on social stock exchanges: The first step is for the NPO to register itself with SSE, and only eligible NPOs can list their instruments for raising funds. There have been certain minimum requirements prescribed for a not-for-profit organization to register on the Social Stock Exchange. If you register on SSE as a social enterprise, you can benefit from improved market access, minimal registration costs, additional avenues for social enterprises, and synergy between investors and investors in social aims.
Conclusion
The future of Indian NGOs is distinguished by both significant opportunities and substantial challenges. SSE will provide a new avenue for social enterprises to raise funds for social initiatives to fulfil the legal requirements. SSE will bring transparency to fund mobilization. Organizations can raise donations, and being involved in social initiatives will get more visibility. According to the above information, eligible social enterprises can be listed on SSE. Embracing digital transformation, enhancing transparency, diversifying funding sources, and aligning with global development goals will be critical for their sustained impact.
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