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Day: June 25, 2014

Corporate Social Responsibility (CSR) Norms – Taking PSU inefficiency to the next level

In February of this year (2014), the Government notified the Corporate Social Responsibility (CSR) norms making it mandatory for companies to take a 2% cut in their net profits and use that money for the betterment of the society. I have maintained this from the very beginning that not only will this create more wastefulness, particularly for […]

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