Dear MTCians,
It is important that CSR must be closely aligned to the concept, culture and practice of Corporate Governance and Business Ethics of the companies; otherwise, the whole idea of CSR can be abused by the pliable managements of the big businesses and the unscrupulous politicians and administrators in positions of power and influence.
Regards,
Prof. G. Surender Reddy
Director,
M C Gupta College of Business Management,
O U Road, Nallakunta, Hyderabad - 500 007
On Fri, Mar 22, 2013 at 8:17 AM, Prabhakar Waghodekar <waghodekar@rediffmail.com> wrote:
Oh! God save Yourself now! We Indian wise are coming to You!!
________________________________________________________
On Fri, 22 Mar 2013 17:03:19 +0530 wrote
>This is an awkward revelation for both the giver (ITC, a Sustainability Champion
!) and the taker (Moily Trust). Just imagine what is going to happen when the
mandatory 2 % of the last three years average profit has to be spent on
CSR....God save me from being cynical !
On Fri, Mar 22, 2013 at 8:05 AM, Prof. Bholanath Dutta
wrote:
TOI reported from New Delhi on 18.03.2013 that the Kisan Sabha Trust of which M.
Veerappa Moily is the president allegedly received significantly large amounts of
donations (5 crores plus) from corporate giant ITC' CSR budget in September 2012
when he was the Minister for Corporate Affairs.
EDUCATE, EMPOWER, ELEVATE
Prof. Bholanath DuttaFounder, President & ConvenerMTC Global: ISO 9001: 2008
Certified
Participant: United Nations Global Compact
Website: www.mtcglobal.org/ www.knowledgecafe.org
president@mtcglobal.org / president@knowledgecafe.org
Cell: +91 96323 18178
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Regards,
Dr P H Waghodekar
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
Aurangabad: 431028 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!
MTC GLOBAL- Educate, Empower, Elevate
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