Investment Valuation in India

When the two of the 10 richest people joined hands to start The Giving Pledge, they had a tough time convincing billionaires across the world to contribute most of their wealth for philanthropic causes. The Indian government took a leaf out of the concept and made it mandatory for specific class of companies to ensure they spend on Corporate Social Responsibility (CSR) through the new Companies Bill that has been passed in the Lok Sabha in November 2012. Although some European countries require companies to report their CSR information in their Annual Reports, India is arguably the only country in the world that has made CSR mandatory through an Act. What is CSR? CSR is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members who may also be considered as stakeholders. A firm's implementation of CSR may go b...

Some of the common labor laws that needs to be complied with by manufacturing companies. LABOUR LAWS 1. The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959 2. Equal Remuneration Act, 1976 3. Employees State Insurance Act, 1948 4. Labour Laws (Exemption From Furnishing Returns and Maintaining Registers by Certain Establishments) Act, 1988 5. The Industrial Employment (Standing Order) Act, 1946 read with The Industrial Employment (Standing Order) Central Rules 1946 6. The Employees Provident Funds and Miscellaneous Provisions Act, 1952 along with the Central Scheme, 1952 7. Payment of Bonus Act 8. The Contract Labour (Regulation & Abolition) Act, 1970 read with Bihar Contract Labour (Regulation & Abolition) Rules, 1972 9. The Minimum Wages Act, 1948 read with Jharkhand Minimum Wages Rules, 2001 10. Workmen’s Compensation Act, 1923, Workmen’s Compensation Rules, 2004 and Jharkhand Workmen’s Compensation Rules, 2001 11. ...

This article is for all those who care for the environment. And for those who don’t care for the environment, I am sure, they care for their money, at least. Read it and you will surely get tips to save money. We all have heard so much about Global Warming, about Carbon footprints and Carbon credits. Carbon footprints refer to the amount of carbon dioxide (or green house gas) emitted into the atmosphere. Emitting greenhouse gas, along with other issues such as population, urbanization leads to the Global Warming. The issue of global warming is so alarming that corporations and countries now measure the amount of carbon emitted by them and even trade in Carbon credits. Well, the governments and corporations across the globe are arguably doing their bit in making earth a better place to live. But that is not enough. Each one of us (specially in countries such as India and China) are personally responsible for ensuring that we avoid emitting carbon dioxide and other global-warming-...