foundation
The new company law in India has a mandate for a few qualified companies to spend 2% of profit on CSR. However, it is proving very difficult for companies with an overseas stakeholding of more than 50% to do just that. Such companies cannot set up CSR foundations because donations from such companies are treated [...] Continue Reading »
A three-storeyed building which was under-construction collapsed at M K Layout in Garudacharpalya 4th Main Road on Wednesday morning. A contractor, Mohan Nayar, was buried alive in the disaster while three children, who were playing in the basement area, luckily escaped. It is suspected that some more persons may have been trapped under the debris. [...] Continue Reading »
