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Easy subscription makes compliance a casualty [India]

Author: Rajiv Tikoo, Financial Express [India], Published on: 31 January 2007

When the United Nations Global Compact delisted 203 “inactive” companies for failing to submit their communication on progress earlier this month, it surprised by numbers as well as names. The delisted companies comprised leading Indian companies like Associated Cement Companies, Hindalco Industries, Hindustan Lever, Mahindra & Mahindra, Oil & Natural Gas Corporation, Paharpur Business Centre, Tata Steel, Titan Industries, Voltas Limited, etc.

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Related companies: ACC Limited (Associated Cement Companies) Aditya Birla Group Hindalco (part of Aditya Birla Group) Hindustan Unilever Mahindra & Mahindra ONGC (Oil & Natural Gas Corporation) Tata Group Tata Iron and Steel (TISCO) (part of Tata Group) Titan Industries (joint venture Tata Group & Tamil Nadu Industrial Development Corporation)