Jamshedpur, May 17 -- Indo-German Chamber of Commerce (IGCC) in cooperation with the Friedrich-Ebert-Stiftung (FES) and XLRI - Xavier School of Management recently conducted a Discussion Forum on 'Practice of Business Ethics in Business Management in the 21st Century' in Mumbai.

The forum titled "Business Management in the 21st Century: Legal, Ethical, Moral, Spiritual (LEMS) Challenges" was attended by representatives of industry and academia, who discussed on the need of ethics in workplace and industry and re-evaluated the moral justification of business choices, decisions, actions and their consequences.

Fr. Oswald Mascarenhas, S.J. JRD Tata Chair Professor of Business Ethics at XLRI delivered the keynote address, where he pointed out...