The Ramayana and Bhagvad Gita are two perennial sources of ancient Indian texts that evolved alongside Indian society. Ramayan is divided into seven chapters, beginning with Baalakand and ending with Uttarkanda. Similarly, the 18 chapters of the Bhagavad Gita begin with Visada Yoga and end with Moksha Opadesa Yoga. These scriptures teach lessons in philosophy, spirituality, management, technology, culture, and moral values. This paper discussed various managerial lessons, skills and explored the different management lessons learned from Bhagwad Gita and Ramayana for enhancing managerial effectiveness. This paper focuses on the growing importance of lessons of Ramayana and Shrimad Bhagwad Gita in business problems. This is a conceptual study based on secondary sources of data like journals, articles, books, web sites etc. This study mainly focus on the business lessons from Ramayana and Shrimad Bhagwad Gita and discuss the acceptability or use in the present business.