Business ethics take centrestage
Council For Fair Business Practices (CFBP) in Mumbai, mainly supported by VIP and the Tata Group, had the who’s who of the corporate world in attendance. Senior lawyer and CFBP president Swapnil Kothari said, “In today’s competitive times, fair business practices are more imperative — whether for a corporate behemoth, a small-scale enterprise or an individual.
“CFBP considers itself to be the pioneer and the custodian of ethics, as it passionately professes, practises and propagates fair practices in an endeavour to touch every spectrum of society — be it industry, medicine, law, women empowerment or education. Carrying forward the legacy of our visionary founders, primarily JRD Tata, Ramkrishna Bajaj and Soli Godrej, I feel that today, and for the next 25 years, business ethics, climate change and women empowerment will be the buzzwords in the corporate world or our societal consciousness.”
Ex-advisory board member and 16th Finance Commission chief Prof Arvind Panagariya set the tone for the morning by going back in history about the scriptural essence of ethics and how they were steeped into the sublime consciousness of the great founders of CFBP.
The welcome remarks were given by founder member and advisory board chairman Shekhar Bajaj. The CFBP was founded in 1966 by the Tatas, Bajaj and Godrej, along with Arvind Mafatlal, FT Khorakiwala, Naval Tata, JN Guzder, Harish Mahindra, Keshub Mahindra and other top industrialists and professionals.
Ethics officer — yay or nay?
The first session, titled ‘Is it
