Dec 15, 2015 - Most of top listed firms fail to meet minimum CSR spending

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Sree Vijaykumar From the Editor's Desk Hey America, remember this - Barack Obama to be America's first black president! This was in 2008. How proud we were of you! You showed us how far we had come. And look where we are now - Donald Trump: Ban all Muslim travel to U.S.. The ignorance of some of Mr Trump's supporters is even more shocking than his outrageous statements (watch the video). And that's 35% of Republican supporters, more than twice the support his nearest competitor has. So, who are these supporters and what are they thinking? Washington Post's Max Ehrenfreund spoke to a number of psychologists and calls a "fundamental, universal and uncomfortable" truth about the 3 key sources of Donald Trump's appeal - "We like people who talk big," he writes. "We like people who tell us that our problems are simple and easy to solve, even when they aren't. And we don't like people who don't look like us". Well, well! - Comment Most of top listed firms fail to meet minimum CSR spending About 32 of the Nifty 50 companies have missed this target, according to data compiled by CimplyFive Corporate Secretarial Services Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Capital boost: Finance Ministry to infuse Rs 5000 crore into public sector banks Eight lenders are expected to benefit from this last round of capitalisation in the current fiscal year, including Vijaya Bank, Indian Bank and Syndicate Bank. Eicher Motors, Havells India and Patni family offices back Trifecta Capital's maiden venture debt funds Siddhartha Lal, managing director and chief executive officer of Eicher, and Arihant Patni did not respond to emails at the time of going to press. Venture Catalysts to raise Rs100 crore The firm has taken inspiration from all-encompassing business incubators like US-based Plug and Play, described as Silicon Valley in a box Chinese economy casts its shadow over Indian exports of cotton and copper China imported 7 per cent less cotton yarn from India in the three months to October 2015 over the preceding three months; the fall in import was sharp in October. RBI pulls up banks on bad debt tags Raghuram Rajan meets top bankers, discusses NPA woes - Other bankers, who attended the meet included the chiefs of Bank of Baroda, Bank of India, Syndicate Bank, IDBI, United Bank of India and Andhra Bank. Infosys invests $3 million in US-based wearables start-up Whoop The deal marks Infosys’s sixth investment from its $500 million innovation fund Wild markets seen as no barrier this time to Fed Janet Yellen has been preparing financial markets for a rates lift-off this week as evidence grows that the US economy is strong enough to weather tighter monetary policy Air India likely to make 6% profit this fiscal, first since merger For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an operating profit of about Rs six crores. India says Paris climate deal won't affect plans to double coal output By Krishna N. Das and Tommy Wilkes NEW DELHI (Reuters) - India still plans to double coal output by 2020 and rely on the resource for decades afterwards, a senior official said on Monday, days after rich and poor countries agreed in Paris to curb carbon emissions blamed for global warming. India, the world's third-largest carbon emitter, is dependant on coal for about two-thirds of its energy needs and has pledged to mine more of the fuel to power its resource-hungry economy while also promising to increase clean energy generation. "The environment is non-negotiable and we are extremely careful about it," Anil Swarup, the top bureaucrat in the coal ministry, told Reuters. Aditya Birla Group names 25 start-ups under incubation programme. Who are they? The group will collaborate with 25 start-ups to bolster its new areas of business in retail, financial services and telecom Teamlease gets Sebi nod for IPO The hiring firm, backed by PE funds Gaja Capital and ICICI Venture’s India Advantage Fund, is looking to raise Rs450-500 crore through the offer Indian banks will get more resilient despite bad debt: Moody's Growth in Indian banking system, which has been under pressure in recent years, will be more resilient, Moody's Investors Service said. Whistle blower blows the lid off Rs 20000 crore UCO Bank scam Indo-Iran trade scam: Top UCO Bank officials in dock - The scam is believed to be around Rs 20,000 crore. RBI says currency notes with scribbles still legal tender RBI also says that it continues to request banks and the general public to not write on currency notes in order to prolong their life Sun Pharma sells Ohio facility to Nostrum Laboratories The move is part of Sun Pharma’s manufacturing consolidation in the US Mahindra to buy Italy’s Pininfarina in quest for style Mahindra and Mahindra and Tech Mahindra agree to buy a 76.06% stake in the Italian car designer for €25.3 million The Loot plans to shut down all stores this month The Loot was incorporated in 2003, and the company had taken a loan of Rs 100 crore from 10 banks and NBFCs. The SBI was the main lender After IPL team, Sanjiv Goenka looks at more acquisitions Group eyeing media, retail and technology New Delhi Tops List Of Asia's Top Cities For Shopping: Survey New Delhi Tops List Of Asia's Top Cities For Shopping: SurveyMumbai: New Delhi has topped the list of Asia's top cities for shopping, offering a treasure trove of goods through its blend of charming traditional markets and glitzy shopping malls, according to a new survey. New Delhi has topped the list for the ...sp; Voylla Fashions on hiring spree, ropes in execs from Fabindia, Bata India Jaipur-based fashion jewellery retailers plans to hire 300 people in different divisions Finally, Amazon overtakes Flipkart as most visited ecommerce website in India for Oct '15, offers token of appreciation Rs 200 gift card to shoppers As a mark of celebration, e-commerce website Amazon.in is offering a gift card worth Rs 200 for its customers who shop on Amazon.in on Monday for Rs 500 or above. Visa brings token service to Singapore with UOB partnership Singapore is the first country in Asia Pacific to see the launch of the Visa Token Service that will replace sensitive payment account information with a unique digital code. High Court seeks Centre, TRAI's response on call drops The Delhi High Court today sought response of the Telecom Regulatory Authority of India on a plea challenging its tariff order making it mandatory for cellular operators to compensate subscribers for call drops from January 1. New IIP Series: Samsung to replace Nokia in telecom output data The change in mobile manufacturer is a part of a series of changes proposed for the new IIP. Delhi High Court Asks Telecom Regulator To Respond On Plea Challenging Call drop plea Telecom minister, Ravi Shankar Prasad, says telecom companies should either spend on improving their network or face grave consequences... InFocus M680 With 4G Support, 13-Megapixel Front Camera Launched at Rs. 10999 InFocus M680 smartphone launched in India at Rs 10,999. Available on Snapdeal via flash sale. First flash sale - Dec 21, Registrations starts on Monday. Google Alphabet yearly revenue growth falls to 35% Google India posted Rs 4,108 crore of revenue in the year to March 2015, compared with Rs 3,050 crore in fiscal year 2013-14, it said in its annual return. Five tech disruptions for telecom sector India, 2016 Ryan Perera, India Country Manager of Ciena, is talking about five technology disruptions for the telecom sector in India in 2016. Thanks to initiatives like Digital India and Smart Cities launched by the Narendra Modi administration with the clear objective of leveraging the communications infrastructure to improve the country’s economy, 2016 is going to be Weekly Wrap-Up: Reliance Jio 4G Launch, UberAuto Dead, Delhi Per Capita More It’s Monday morning and time for a quick wrap-up of the posts published on trak.in last week. If you were offline for any reason this is a great way to catch up with all the tech buzz. Discovery mulls over OTT launch post pan-India 4G rollout OTT is the delivery of film and TV content through the internet without subscription to traditional cable and satellite Indian telecom wants VoLTE to vanquish VoIP But is the technology capable of doing so in the Indian context? India has to wait for low-cost Windows 10 phones: Microsoft exec For those in India waiting for low-cost Lumia smartphones that come packed with the latest Windows 10, there is still some time. Auto classifieds major CarDekho close to receive Rs 150-200 crore fund from Google Capital The size of the round is likely to be in the range of Rs 150-200 crore and will see the portal's existing investors also participate. E-tail market will be $90-100 billion in 5 to 6 years: Aashish Bhinde, executive director, digital & technology, Avendus Capital Q&A with the executive director, digital & technology, Avendus Capital PayWorld planning to raise around $40-50 million to increase its retail touch points from 60,000 at present to 3,00,000 within the next 3 years PayWorld is planning to raise around $40-50 million to increase its retail touch points from 60,000 at present to 3,00,000 within the next 3 years. 11 failed startups in India this year and what you can learn from them There’s much to be learned from failure, but in a society where the word is still taboo, it’s often brushed under the carpet to the detriment of the startup TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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