Mumbai (Maharashtra) [India], August 5 (ANI/BusinessWire India): The Ministry of Corporate Affairs' recent revisions to the corporate social responsibility guidelines, which makes CSR Impact Assessment mandatory, have significantly influenced the CSR landscape in India. With the new Corporate Social Responsibility Impact Assessment compliance now applicable, monitoring and evaluation have become a focus bringing credibility and accountability in the development sector. CSR is slowly coming of age with shift in the approach from philanthropy to creating sustainable impact. The new amendments require all Corporates with an average CSR obligation of Rs 10 crore or more in the previous three fiscal years to do CSR Impact Assessment Studies of their projects through independent agencies for projects above Rs1 crore. Impact Assessment assists corporates in assessing how their CSR projects are impacting communities and in tracking the on-the-ground impact of their CSR efforts. The increas
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a comparative low YoY base.
V. Narasimha Murthy, a resident of Hyderabad, filed a complaint against supermarket chain D-Mart saying he was charged Rs.3.50 for the logo-printed carry bag after he made a purchase worth Rs.479 in December 2019 at the Hyderguda branch. The Hyderabad Consumer Dispute Redressal Commission (CRDC) penalised the D-Mart outlet in the city for charging the consumer for a carry
Raju Rathod, the tempo driver was found hanging from a tree at a warehouse in Pawne in Mhape last Thursday evening. The Turbhe MIDC police registered an ADR, however, the family suspected foul play and demanded a thorough investigation into the incident.