Add spiritual tinge to business: ICS boss

The Xavier Institute of Management, Bhubaneswar (XIMB), celebrated its 25th Foundation Day on Saturday.

ICS Group executive chairman Deepak Premnarayen delivered the ‘Foundation Day Lecture’ which was a part of a series of celebrations lined up by the college management to mark the jubilee. The major thrust of his speech was on honesty and reputation. He is not only the founder of the ICS Group but also co-chairman of the Confederation of Indian Industry, convener for the India-South Africa CEOs forum and much more. “An entrepreneur wants to create a difference in the world. People who may not even know him will be affected by the decisions that he takes now,” said Premnarayen. He talked about the different lessons he learnt during his life. He stated that one’s culture teaches that there are no shortcuts in life.

“One should also believe in doing good to others without aiming for receiving anything in return,” said Premnarayen. He advised the future managers at the XIMB auditorium that they should be aware of the business risks involved before entering into entrepreneurial ventures.

 XIMB director PT Joseph and Chairman of XIMB Board of Governors Rajive Kaul were present.