A Study on Corporate Social Responsibility Practices of IT Companies in India

Society and business go hand – in – hand. One cannot thrive without other. Business has its responsibility towards all the stakeholders apart from revenue generation for larger social good. Hence, business has a moral obligation to contribute to the betterment of society. In this light, Corporate Social Responsibility is a channel through which corporations address the issues of different stakeholders by integrating social, economic and environment aspects into business operations. Notable efforts have come from Infosys, Wipro, Mahindra, TCS etc. the New Companies Act, 2013 had given a new insight to these corporations to move socially and responsibly. Therefore, this study tries to analyse the CSR practices followed by Indian IT companies and also highlights the CSR activities followed by the companies as per New Companies Act, 2013