Corporate social responsibility rules require boards and CSR committees to adopt policies and list specified eligible activities.
The notification implements Section 135 and Schedule VII of the Companies Act, 2013 by prescribing CSR institutional roles and procedures: constitution and functions of the CSR Committee, the Board's responsibility to formulate and monitor a CSR policy, the manner of undertaking CSR activities, and a standard disclosure format for CSR activities in the Board's report. It also enumerates specified eligible activities under Schedule VII, including health and sanitation, social welfare facilities, environmental conservation, livelihood projects, cultural preservation, veterans' welfare, sports promotion, technology incubator support, and rural development.

Voluntary open offer approval enables acquisition of significant equity in Indian pharmaceutical subsidiary with foreign investment implications.
Approval was granted for a voluntary open offer under SEBI (SAST) Regulations by M/s GlaxoSmithKline Pte Limited, Singapore to acquire 24.33% of the equity of its existing Indian subsidiary in the pharmaceutical sector, with executive clearance authorising the foreign acquisition and consequent inward foreign investment.

Legislative reforms enacted bolster land, food, pension and corporate frameworks while major economic policy changes were announced.
The Government combined market-oriented policy measures-sugar decontrol, phased diesel price correction, railway fare rationalisation, new bank licences and DISCOM restructuring-with significant legislation: distribution of forest-dweller land titles and enactment/notification of the Right to Fair Compensation and Transparency in Land Acquisition, the National Food Security Act, the new Companies Act and the PFRDA Act.