NOLEGEIN-Journal of Corporate & Business Laws MBA Journals (Consortium eLearning Network Pvt Ltd) en-US NOLEGEIN-Journal of Corporate & Business Laws 2581-7779 Corporate Digital Leadership <p><em>International strategy means expanding your business to compete across national borders. Today<span style="font-style: normal !msorm;">,</span> almost 3/4<span style="font-style: normal !msorm;">th</span> of the sales revenue of many companies in United States comes from multinational corporations. Either US firms compete abroad or foreign firms sell in the United States. In other words, most successful firms end up expanding internationally. There are three critical questions to be analyzed before expanding businesses in G7 AND BRICS countries.</em></p> Karan Jain Copyright (c) 2019 NOLEGEIN-Journal of Corporate & Business Laws 2019-12-26 2019-12-26 26 30 Scenario of Corporate Social Responsibility in 21st Century <p><em>Along with the worldwide implementation of LPG policy<span style="font-style: normal !msorm;">,</span> the concept of Corporate Social Responsibility (CSR) also came into focus and with passage of time this concept started attracting the attention not only of all the stakeholders but educationists, social activists, reformists from all over the world. As a result of this today<span style="font-style: normal !msorm;">,</span> CSR is one of the most emerging and debatable subjects across the globe and particularly in India. Other major factors which are working as catalys<span style="font-style: normal !msorm;">ts</span> in heating up CSR concept are changing market scenario, globalization<span style="font-style: normal !msorm;">,</span> and ethical consumerism. <span style="font-style: normal !msorm;">Som</span>e of the major reasons because of which organisations are trying to show that they are commit<span style="font-style: normal !msorm;">ted</span> towards CSR are<span style="font-style: normal !msorm;"> as</span>: (1) <span style="font-style: normal !msorm;">T</span>his help<span style="font-style: normal !msorm;">s</span> them in developing their good image in eyes of its consumers. (2) To ensure their sustainability in the market. This paper tries to highlight the changing scenario of CSR in 21<sup>st</sup> century and its impact on Indian economy and society. This paper <span style="font-style: normal !msorm;">also </span>highlights the changing model of CSR from the previous days to the present era. Secondly<span style="font-style: normal !msorm;">,</span> the paper also shows the result that has arrived after application of new CSR models. The paper also states the areas in which companies have started rendering their services under the concept of CSR. These areas are health, education, child welfare, women empowerment, poverty alleviation<span style="font-style: normal !msorm;">,</span> etc. A Company’s Bill was passed in 2013, which made it mandatory for corporate houses to fulfil their CSR and the companies which denied<span style="font-style: normal !msorm;">&nbsp;</span>practice the same<span style="font-style: normal !msorm;">,</span> the legal action is taken against them. As a result of all these efforts<span style="font-style: normal !msorm;">,</span> the developing countries like India got a new ray of hope. Now<span style="font-style: normal !msorm;">,</span> companies have started working for society welfare, as they see society and environment as there major responsibilities.</em></p> <p><strong><em>&nbsp;</em></strong></p> Jatinder Kaur Copyright (c) 2019 NOLEGEIN-Journal of Corporate & Business Laws 2019-10-22 2019-10-22 31 37 A Qualitative Analysis of ICT Initiatives Adoption in India and its Effect on the Rural Development <p><em>Information and Communication Technology (ICT) has been viewed as a tool that can be utilized to accomplish growth objectives in developing nations. In the same time, a big chunk of individuals living in developing countries, and particularly those in rural regions lack access to ICT. Regardless of the possibility that there have been numerous endeavors to introduce ICT, they have in general not been long lasting. This study examines the part of Information and Communication <span style="font-style: normal !msorm;">Technology</span> (ICTs) <span style="font-style: normal !msorm;">advances </span>for rural communities<span style="font-style: normal !msorm;">.</span> <span style="font-style: normal !msorm;">I</span>t highlights the factors prohibiting rural communities from benefitting from ICTs and technological innovations to access them. It also characterizes the role of Indian rural community <span style="font-style: normal !msorm;">i</span>nformation systems and furthermore lists comparative models that were successful outside India. Despite the impediments in infrastructure and low-level penetration of <span style="font-style: normal !msorm;">i</span>nformation technology in India, various grassroots projects are utilizing modern ICTs for the advantage of rural community. By describing selected community ventures in India, the study has recognized the bottlenecks, conceivable answers for observation of the initiatives of rural projects. The new technologies being developed can help surmount barriers present in giv<span style="font-style: normal !msorm;">en</span> <span style="font-style: normal !msorm;">i</span>nformation resources at a low cost and make applications feasible and profitable. An expansive number of obstacles remain however inventive thoughts, break through ICT technologies and committed organizations can lead the next revolution in the developing world. The study concludes that making <span style="font-style: normal !msorm;">i</span>nformation rich societies is a key component in rural development. The primary commitment of our study is that of a generic framework, which can be utilized as a guideline for planning, execution, and assessment of ICT ventures in a rural developing country context accomplishing improved standards of living and overall growth of the rural community.</em></p> Mohd Abdul Moid Siddiqui Zainab Fatima Copyright (c) 2019 NOLEGEIN-Journal of Corporate & Business Laws 2019-11-18 2019-11-18 1 9 A Study on Sector-wise Composition of FDI Inflows in India <p><em>Since the beginning of economic reforms in 1991, major reforms initiatives have been taken in the fields of investment, trade, financial sector, exchange control<span style="font-style: normal !msorm;">,</span> simplification of procedures, enactment of competition and amendments in the intellectual property rights laws, etc. India provides a liberal, attractive, and investor friendly investment climate. India has the most liberal and transparent policies on FDI (Foreign direct investment) among the emerging economies. FDI up to 100 percent is allowed under the automatic route in most of activities/sectors. FDI in sectors/activities to the extent permitted under automatic route does not require any prior approval either by the Government or RBI. The investors are only required to notify the Regional office within 30 days of receipt of inward remittances and file the required documents in that office within 30 days of issue of shares to foreign investors. On the other hand<span style="font-style: normal !msorm;">,</span> other sectors required the approval by either the foreign investment promotion board or the cabinet committee of foreign<span style="font-style: normal !msorm;"> investment</span>. Presently<span style="font-style: normal !msorm;">,</span> foreign direct investment is freely allowed in most of the sectors but a few sectors where the existing and notified sectoral policy does not permit foreign direct investment beyond a specific limit. Foreign direct investment for almost all sectors/activities can be brought in through the automatic route under the power delegated to the Reserve <span style="font-style: normal !msorm;">B</span>ank of India and the remaining sectors/activities through government approval. This research article brings forth the data related to centre government approved foreign direct investment in these sectors on the recommendations of the foreign investment promotion board (FIPB).</em></p> R. Vasuki Copyright (c) 2019 NOLEGEIN-Journal of Corporate & Business Laws 2019-12-18 2019-12-18 10 25 Future Economy and the Challenges before Labor and their Organizations <p><em>The main question to answer by this paper is to know how future economy will be and how it will affect the labor workforce and their organization, i.e., the trade unions. As we are moving in a world where the nature of jobs is changing and this is affecting the labor as they are getting eliminated from the economy. With platform capitalism coming into picture<span style="font-style: normal !msorm;">,</span> the meaning of contract has been changed from employment to partners. The purpose was to find out how the future work will shape our economy and what kind of jobs will emerge at that time so that we can give training to the workforce accordingly. The paper is based on the review of previous works and the current scenario of the labor market<span style="font-style: normal !msorm;">.</span> <span style="font-style: normal !msorm;">W</span>ith this<span style="font-style: normal !msorm;">,</span> the result obtained<span style="font-style: normal !msorm;"> was</span> that we will be requiring the skilled labor as the unskilled jobs will be eliminated in coming future. With trade unions and their decreasing membership due to contract work and robots<span style="font-style: normal !msorm;">,</span> the paper concludes that there will be need of single trade union within an industry so that it can bargain with the industry as whole. The focus is also give<span style="font-style: normal !msorm;">n</span> to the role of government to come up with different social safety nets to encounter with the changing dynamics of labor as more people will be retrenched. The paper want<span style="font-style: normal !msorm;">s</span> to show the relation between the future economy and the future jobs in context to the future labor force and role of trade union in it, and how different bargaining powers between the different agents in labor market will derive the labor sector.</em></p> Vaibhav Jaiswal Copyright (c) 2019 NOLEGEIN-Journal of Corporate & Business Laws 2019-11-28 2019-11-28 38 45