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Showing posts from February, 2023

What is the procedure for online application to CDSCO?

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The Central Drugs Standard Control Organization ( CDSCO Online ) is India's regulatory body for pharmaceuticals and medical devices. If you are looking to apply online to CDSCO for any purpose, here are the general steps you can follow: Visit the CDSCO website: Go to the official website of CDSCO at https://www.corpseed.com/ . Click on the "Online Application" section: From the homepage, click on the "Online Application" tab located in the main menu. Select the appropriate application: From the list of available applications, select the appropriate one based on your requirement. For example, if you want to apply for a manufacturing license, select the "Manufacturing License" option. Create an account: If you are a new user, you will have to create an account by providing your details such as name, email address, and mobile number. Fill out the application form: Once you have created your account, fill out the online application form with the required d

What is ESG? An Environmental, Social and Governance Guide

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ESG stands for Environmental, Social, and Governance. It is a set of criteria used to evaluate a company's performance and impact on the environment, society, and the company's internal governance structure. ESG environmental factors are becoming inc66reasingly important to investors, as they provide a comprehensive understanding of a company's operations and risk profile. Here is a brief overview of each of the ESG components: Environmental: This refers to a company's impact on the natural environment, such as its carbon footprint, energy consumption, waste management practices, and water usage. Social: This refers to a company's impact on society, including its relationships with employees, customers, suppliers, and the communities where it operates. It also includes factors such as diversity, equity, and inclusion, human rights, labor practices, and product safety. Governance: This refers to a company's internal governance structure, including its board of d

What is the ESG framework in India?

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The ESG (Environmental, Social, and Governance) framework is a set of guidelines and principles used to evaluate the sustainability and ethical impact of investments in India. It has become an important tool for investors to assess the non-financial risks and opportunities associated with companies, and to make informed decisions about where to allocate their capital. In India, the ESG framework is largely voluntary, with companies and investors adopting their own approaches to ESG analysis and reporting. However, in recent years, there has been increasing recognition of the importance of ESG factors in investment decision-making, and several industry bodies and regulators have taken steps to promote greater ESG disclosure and transparency. For example, the Securities and Exchange Board of India (SEBI) has made it mandatory for the top 1,000 listed companies in India to disclose their ESG performance in their annual reports, starting from the financial year 2021-22. This move is expec

The Central Drugs Standard Control Organisation

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Central Drugs Standard Control Organisation (CDSCO) is the national regulatory body for pharmaceuticals and CDSCO medical devices registration in India. It operates under the Ministry of Health and Family Welfare and is responsible for regulating the quality, safety, and efficacy of all drugs and medical devices in the country. CDSCO's main responsibilities include: Approving new drugs and medical devices for sale in India Monitoring the quality and safety of drugs and medical devices already on the market Conducting inspections of manufacturing facilities to ensure compliance with good manufacturing practices (GMP) Regulating the import and export of drugs and medical devices Coordinating with other regulatory agencies in India and around the world to ensure that drugs and medical devices meet international standards. CDSCO plays a critical role in ensuring that drugs and medical devices in India are safe and effective for use, and its regulations and standards are widely recogni

Why Your Business Needs an ESG Reporting Strategy?

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An Environmental, Social, and Governance (ESG) reporting strategy is becoming increasingly important for businesses due to growing stakeholder interest and demand for transparency and accountability. ESG reporting provides information on a company's performance and practices in areas such as sustainability, labor and human rights, and ethical behavior, which can impact both its reputation and financial performance. Adopting an ESG reporting strategy can demonstrate a company's commitment to responsible business practices, help attract investment, and improve risk management. Additionally, regulatory requirements and investor expectations for ESG reporting are growing globally, making it increasingly important for businesses to have a comprehensive ESG reporting strategy in place. Why is ESG reporting important for companies? ESG reporting is important for companies for several reasons: Stakeholder demand: Investors, customers, and other stakeholders are increasingly interested