Saturday, August 22News That Matters

Tag: corporate social responsibility (CSR)

Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools

Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools

News
BENGALURU — The Karnataka government is pitching a new, zero-bureaucracy public-private partnership model to major technology companies, aiming to unlock the state’s underutilized ₹10,000 crore Corporate Social Responsibility (CSR) potential. Speaking at the 'Vision 2030 – CSR Conference' hosted by the Greater Bangalore IT Companies and Industries Association (G-BITCIA), Chief Minister DK Shivakumar invited corporations to directly build, fund, and brand 2,000 rural government schools.The Financial Gap: Unlocking ₹10,000 Crore The state government highlighted a massive deficit in current corporate social spending. While Karnataka holds the potential to attract nearly ₹10,000 crore in annual CSR capital across various sectors, the total expenditure for the fiscal year 2024-25 stood at...

Sobha Group Founder PNC Menon Donates INR 110 million to BAPS Hindu Mandir in Abu Dhabi, UAE

Business & Finance
PNC Menon's Generous Contribution Empowers BAPS Hindu Mandir in Abu Dhabi, UAE Dubai, United Arab Emirates Feb 10, 2024 15:34 ISTPNC Menon, the visionary Founder of Sobha Group, a renowned luxury real estate developer in India and UAE, has demonstrated his unwavering commitment to fostering cultural enrichment and social progress through a generous contribution of INR 110 million towards the enhancement of facilities and services at the BAPS Hindu Mandir. This noble act underscores Sobha Group's dedication to promoting cultural diversity, peace, harmony, and religious coexistence, aligning with its ethos of responsible corporate citizenship.As a philanthropist and an advocate for social responsibility, PNC Menon has a longstanding commitment to supporting initiatives that up...