Budget: Nuts & Bolts Boost to infrastructure for urban poor Allocation for Jawaharlal Nehru National Urban Renewal Mission is being stepped up by 87 per cent to Rs 12‚ 887 crore. To improve the lot of the urban poor‚ the Budget allocated for housing and provision of basic amenities is being increased to Rs 3‚973 crore. This includes the provision for Rajiv Awas Yojana‚ a new scheme announced by the President of India. This scheme‚ the parameters of which are being worked out‚ is intended
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Executive summary Vodafone AirTouch‚ one of the world’s leading international mobile telecommunications companies‚ was considering launching a formal hostile bid for Mannesmann‚ a German telecommunications company which is also among the largest telecommunications companies in Europe. If this come true‚ it will become the largest hostile takeover in the world. But now we are facing one of the biggest problems during this process---valuation of Mannesmann. After our discussion‚ we decide to use
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Marten Pieters‚ MD and CEO‚ Vodafone India‚ speaks about the challenges facing the telecom sector‚ the 3G auctions and why the government needs to get its policy right soon. This Idea Exchange session was moderated by Managing Editor‚ Financial Express‚ Sunil Jain 1. Sunil Jain: How has the 2G case changed things for the telecom sector? India has had this licence system for very long. So a lot of entrepreneurs have this feeling that once you get a licence‚ that’s the way to make money. So a
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Earth Our most important stakeholder Dabur India Limited Business Responsibility Report 2011-12 SEBI has mandated to submit report on ‘National Voluntary Guidelines on Social‚ Environmental & Economic responsibility of Business’ as issued by the Ministry of Corporate affairs‚ which requires businesses to embrace ‘People‚ Planet‚ Profit’ approach in a sustainable manner. For this‚ 9 Principles with their respective Core Elements are suggested to be implemented in the core business processes
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contains a critical review of the concept of Corporate Social Responsibility (CSR)‚ which is one of strategy being adopted by businesses to address some of the challenges they confront in their external environment. This paper examines various arguments from proponents and critics of CSR. In addition‚ this paper examines the case of oil Multinational in Nigeria as way of ascertaining the validity of the different positions in the CSR debate. Introduction Historical evidence suggests that societal
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the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR)‚ delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common
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Business ethics and CSR Introduction In the past time‚ the majority of enterprises regarded business ethics as internal regulations to comply with the rules of legal standards(Trevino and Nelson‚ 2010). However‚ the condition changes in modern times. Business ethics is more and more important to identify what it is right or wrong during the process of working or trading and so on(Wheelen and Hunger‚ 2011)‚ which is closely related to the interests of stakeholders. Under the background‚ many companies
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Resources are being classified into tangible and intangibles assets as the followings: *Resources of *Virgin Group Tangible Resources Intangible Resources Capabilities of Virgin Group are established by the integrated resources that assisted it to stay competitive and to outdo its competitors. Valuable capabilities will aid Virgin Group to effectively tap and explore spotted opportunities as well as to minimize threats in the external environment. Should capabilities are consistently and effectively
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Global Compact (training and nurturing partnership between companies by promoting good corporate citizenship). Pfizer generates more than 58 percent of revenue from international markets. Pfizer’s approach towards Corporate Social Responsibility (CSR) CSR according to csrnetwork.com‚ 2009 is about how a business “align their value and behaviour with the expectation and needs of stakeholder” in simple words it is a term that states that the company is for the people and it should be the priority of
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What is CSR? To what extent is there a business case for CSR? In recent years‚ increasing number of customers and businessmen start to concern about the ethical issues in businesses. Although the main purpose of business is to make profits‚ the social influence of it also appears to be focused by a large proportion of customers and businessmen. Corporate social responsibility (CSR)‚ which is closely connected with this concentration‚ was put forward in 1953 with the meaning of interacting social
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