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Indian Potash Limited, [7] [8] [9] also known as IPL, is a fertiliser company based in India. It was incorporated under Indian Companies Act with the objective of import-handling, promotion and marketing of Potash in India. It imports, handles, promotes, and markets potash fertilisers in India.
Traditionally, Corporate Social Responsibility (CSR) has been widely practiced by Indian corporates - taking the form of philanthropic activities. The new CSR legislation under section 135 of the Companies Act 2013 requires companies of a certain size to spend 2% of their net profit [8] on activities as prescribed under schedule VII, which are ...
Israel's ICL Group said on Monday it signed a contract with Indian Potash Limited (IPL), India’s largest importer of potash, to supply 410,000 metric tonnes of potash through December 2020. ICL ...
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Nutrien needed to satisfy the Chinese and Indian regulators because of concerns it would corner the potash market. [9] [10] [11] The sale closed on 5 December 2018. [12] In February 2019, Nutrien, through its Australian subsidiary Landmark Operations [13] announced the proposed acquisition of Australian rural retail organization RuralCo. [14]
Unlike global definitions of CSR in the triple bottom line, corporate citizenship, sustainable business, business responsibility, and closed-loop realm, in India, CSR is a philanthropic activity. What has changed since formalizing it in 2014 is the shift in focus from institution building (schools, hospitals, etc.) to focus on community ...
With around 19% market share in urea and around 31% market share in complex fertilisers (P2O5 terms), IFFCO is India's largest fertiliser manufacturer. The cooperative was ranked 66th on the Fortune India 500 list of India's biggest corporations as of 2017, [3] with a net worth of $2.6 billion as of March 2021. [4]
Reliance Foundation received India CSR Award 2016 for Water Conservation, Agricultural Development and Best Documentary Film. [ 27 ] Reliance Foundation bagged the prestigious Porter Prize 2015 for its "outstanding contribution to the society to meet the basic human needs, establishing blocks that allow communities to sustain quality of life ...