Ram Nidumolu

CEO of Innovastrat, US-based strategy consulting company.

The CSR Law: Enabling “Extraordinary” Business

The Companies Act of 2013 thrusts the Indian corporate world into the limelight of global Corporate Social Responsibility (CSR): its Section 135 mandates that every Indian company meeting certain size thresholds should spend at least 2 percent of the average net profits of the previous three years on CSR activities, or explain why it has not done so. In addition, …

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