Leading Indian business publication Financial Express carries a report (Feb 24) on how the concern of corporates for community welfare actually translates into budgetary outlay and action on the ground. The report reveals that L&T spends more than any other company it surveyed on its broad band of welfare activities. This vindicates a belief central to L&T's business philosophy, viz., that you spread progress by sharing progress.

Extracts from the FE report are reproduced here.