-The Economic Times Decks have been cleared for reintroduction of the Companies Bill, 2011, in the monsoon session. If the bill is passed after endorsing all the suggestions made by the Parliamentary Standing Committee on Finance, corporate social responsibility (CSR) would, for the first time in the world, become mandatory.  The report recommends that companies with net worth above Rs 500 crore, or an annual turnover of over Rs 1,000 crore, earmark...

-The Indian Express Questioning the government on giving 4.5 per cent sub-quota for minorities on the basis of religion, the Supreme Court today refused to stay the Andhra Pradesh High Court order quashing the decision. "We are not inclined to grant stay," a Bench comprising Justices K S Radhakrishnan and J S Khehar said while issuing notices to the petitioner on whose PIL the high court had quashed the 4.5 per cent...

Concern for public health goes up in smoke   India's leading cigarette manufacturer, ITC Ltd, made financial contributions of Rs. 6.78 crore in the last two years to all major political parties in the country, causing public health activists here to question the possible interference of tobacco companies “in the Central government's efforts to bring in tougher anti-tobacco laws in the country.” Figures disclosed by ITC Ltd — and released recently by activists...

The latest NCPCR survey report reveals large-scale child labour in Bt cotton production; asks stakeholders to prepare an action plan to eliminate it Forced to work for 14-hours at a stretch and even carry pesticides on their back, the plight children engaged as child labour in the Bt cotton production has often gone unnoticed, the National Commission for Protection of Child Rights (NCPCR) has said in its latest survey report. To rescue...

India is setting up a Rs.5,000 crore credit guarantee fund to facilitate easy education loans to needy students by providing protection against defaults to banks. The move was endorsed at a meeting of the Central Advisory Board on Education (CABE), the highest education advisory body to the government that comprises academicians, industry experts and state education ministers, human resource development (HRD) minister Kapil Sibal told reporters Wednesday. “CABE members endorsed the initiative to...