Monday, July 31, 2006

No cheque book charity this

No cheque book charity this: "It’s a case of reverse globalisation. With perceptible regularity, Indian companies are making inroads into foreign markets. So far so good. But, perhaps for the first time, they are also demonstrating their corporate social responsibility in the markets they operate in. Consider this. After Satyam Computer Services went global, its CSR arm, Satyam Foundation, is following the parent. Having made significant presence in five cities in India — Hyderabad, Chennai, Bangalore, Bhuvaneswar and Pune — the foundation will soon be spreading wings to the US, Europe, China and Australia in a couple of quarters."

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