The recent corporate accounting scandals involving corporate giants such as Satyam and Enron have made business ethics and corporate social responsibility a much complex area in business research. Many members of the general public are having the perceptions that businesses do not put too much emphasis on ethical considerations in their operations. This study found that there is no significant difference in attitude of males and females but the educational qualification has a significant impact on the attitude of Indian public towards ethics in Indian business. It further explored that bribery and corruption is the most important ethical issue that requires urgent and priority attention in the agenda of the Indian companies.