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Fuel for thought All eyes on Sankara Nethralaya Adharma of opposition politics Telangana in top gear… Lesson from Chandrababu Naidu GNS - 100: our first subscriber Nuclear power at the nucleus Kudos to NDTV... Revving up the manufacturing sector IPL - no surprise this scam Measuring roof tops in terms of KW/MW MHC should not return to its old indisciplined ways Don’t seem to feel the pulse… Bihar elections - the Rajaji formula worked Tribute – Manikam Ramaswami For whom the bell tolls? Tatas moving out of urea production... Focus on quality of power - its only around 170-180V Mersal magnified More tributes to GR The why of tax incentives Should we change the official year? Eternal support for capitalisation of PS banks Remembering Indira Sivasailam... Building loyalty through the stomach An informal presentation - analytical, forward locking... More Shakthi to Das’ elbow More heat than light Increasing non co-operation of state leaders Delhi is distant Modi storms Silicon Valley Engineering seats go abegging Wanted: a second airport for Chennai Breaththrough in malaria control The Swadeshi Trump When Ratan Tata visited SRM TN – agglomerate land holdings without alienating ownership New IT products of Ramco in the pipeline… Sri Lanka votes for change A think tank for Chennai He continues the focus on social amelioration WTO Meet: resolved to meet again Muffled voices for merit… Kulandai was a giant The rise and rise of KCP Fortune for Indian Airlines Make standards certification mandatory... The sea- saw battle continues... Intellectual of rare qualities TIAM turns a full cycle Diamond jubilee of Egmore Samskrt School A rich pool of talent not utilised…. A Grand Finale for SN’s MS centenary at the US… Delhi Chalo... Valli, they are more marginalised China invests in India Come elections, come advertisements... Whistle-Stop Tour of Raghuram Rajan Padma Bhushan for A Ramakrishna Odisha: spectacular win by Naveen Patnaik Shanti and Sadhana through Music Things happen by accident and not by design... GM Technology at last! Robber barons everywhere The power-full Hindujas The Ports’ Pasha expands into Tamil Nadu S Ramanathan – a versatile musician, musicologist Welcome thrust on trade in Modi’s foreign visits... Medical costs hit the roof... Welcome GST Parliament in paralysis... Why this malaise in medical education? Inflation: are we emulating Argentina and Brazil? Poor quality of university VCs Wise Presidents Editor's Notes Tribute – UCAL Selvan… The balancing act Strengthen the base... Small units prefers to remain small... No engine for this car Shale gas and its shallow future Editor's Says The star of Spencers is no more to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Scientists urged to take up farmer-oriented research He saved millions from starvation... Tax agriculture Not just in-laws (and outlaws); they’ve renowned academics at the helm! The nuclear option The brown list of Venkitaramanan Sweeter prospects for sugar Russi Mody – a tribute Towards speedy justice R Sridhar steps down as CEO of Shriram Capital Road development slows down A yen for wastage… The ‘Ayyo-yes’ is no more There was flood of milk. Reason: no milk commissioner! Bihar – Nitish Kumar adopts the Lalu model The rise and fall of Annamalai University Secularism and anti-Hinduism Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated F C Kohli - his concerns all embracing B H Kothari - a tribute EVM is tamper-proof The Jan Dhan bonanza Multi-faceted Venkat Shipping woes of Chennai companies Five star activism stalls development activity Of course, Gujarat is vibrant Rahman at CIC Godspeed, Chief Minister JJ Cement prices continue to rise… A professional at the helm of IRDA... Tatas moving out of urea production... When the President was rendered homeless… Banning booze... Recognition to role of NBFCs.... Insurance companies bleeding, yet no decision on increasing FDI limit! A glass full of corruption Sweet news for TN sugar mills Land reclamation from sea appears cheaper! Shaming of Tamils by Tamil farmers at Delhi Poor representation for Kerala and TN in Cabinet CII projects higher growth… Put expensive assets created to use... Tribute – M V Murugappan Moily’s bold thrust Adapt Vajpayee dinner diplomacy Tihar, Puzhal not different from Parappana Agrahara Funding the un-funded Protest masters... A Grand Finale for SN’s MS centenary at the US… Rs.1600 crore paper board plant of TNPL CIPET hqrs to stay at Guindy – for the present? Silver Years of Madras Musings Readers' Mail Boy, can you beat these? Delhi returns to BJP This scant respect for Law How Air-India loses customs... CSR and CMI: promise of another Srinivasan Ramanujan... West Bengal: mindless malignancy No mega rail project for Tamil Nadu Reliance’s TV – 18 ready to launch Tamil News Channel For whom the MIDS bell tolls? TN-leverage strength of BHEL, NLC... Noble nonagenarians... Streamlining mandatory third party cover Air Asia India will set new benchmarks for budget travel Discoms deserve better… When online building permits work…. The few handicaps... Solar thermal shines… Infrastructure funding – lessons learnt Gas is the way forward An enemy’s enemy is a friend Polls and promises A C Muthiah – his munificent bequeaths to science When TN politicians can emulate Kerala's Pharma – overdose of copying The Gulf aviation boom …and of a popular trade leader Cleaning Ganga – relocate tanneries and install electric crematoria IPL type auction for VCs? Delhi is distant… Alexa – Talking Wikipedia Align crops to agro climate endowments… PPP mode for upgrading Corporation Hospitals Quality silica from Neyveli Vibrant Gujarat Marketing expert Balagopal is no more Where is Rajaji? Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Haul over the coal Liberal imports idling indigenous capacities L&T- the specialty of special purpose vehicles Demise of a media baron... More Shakti to resource mobilisation... Colour-Chem’s colourful KRVS PC’s preference for professionals ONGC at KG Basin A welcome initiative by the judiciary Modi and the lady Return to king coal for urea... Permanent secretariat for TN GIM Naidu’s return augurs well for Seemandhra Excel Generators provide the vital back-up Welcome focus on core competence CRS, a jewel among managers, is no more. Computation of GDP – conundrums continue EEC at the National Media Centre London, London Narayan Music happens Where a state respects its litterateurs… Airlines in India: cost and space L&T: focus on infrastructure and more infrastructure… TELANGANA at last…BUT Maximising the micro pricing … Revive development banks... Kinetic Karnataka S V Raju – a ‘good’ true liberal A friendly business group Like Hinduism: many paths to reach God... Naidu will soon build a new Hyderabad An inexplicable neglect Paytm karo... Online not in line with brick and mortar businesses... A more liberated TN… Cutting the nose to spite the face Quality education through the PPP mode Plummeting profits of PSBs No Maha Koottani in TN... Making ‘my Amaravati’... The ‘Jayanthi Tax.’ Preserving for the future SoA @ 80 Why land prices zoom in TN? Waning interest in public discussions… A proud Madrasi Welcome changes that testify to Jayalalithaa’s return to health Auto components surge… When nations steal growth from one another… TGS- The king storyteller Dr C Rangarajan returns to Chennai Roaring Ro-Ro facility Solar, solar everywhere … Fortune 500 review TN accounts for the largest recruits by the IT sector Mu Sigma – is no more Fall in crude prices help in oil sector reform Which side are you, Montek? Build close rapport with business leaders Convulsions in The Hindu Contrarian cousins Another Indian music maestro at the UN Tribute Gay abandon in pricing Limit foreign borrowings to hi-tech, export potential projects... IAS invades NDDB... Tough task taking states together When small is no larger beautiful.. Lalu’s envy, India’s pride
 
SoA @ 80

The grand old man of the accounting profession has turned 80. The Society of Auditors (SoA) which predates the Institute of Chartered Accountants of India (ICAI) has been rendering yeoman service to the cause of the profession.

IE has had close association with the Society. The renowned auditor D Rangaswamy (DR) led the SoA for several years with great distinction through his interest and involvement. Amiable and friend of all, DR ensured the involvement of all seniors in the profession and presented several administrators, business leaders and legal luminaries to address the members.

I have had the good fortune of speaking at several meetings at SoA on fiscal issues, particularly the annual meetings on the Union Budget. Yes, those were the days before the national television under Prannoy Roy sucked all attention to Delhi.  Seniors in the profession from Brahmayya & Co, R G N Price, Fraser & Ross, S Venkataraman & Co, and senior officials like the Chief Commissioner and other commissioners from the revenue department and senior leaders from industry used to attend these meetings. DR’s stature in the profession and as a past Chairman of the Income Tax Appellate Tribunal helped.

I notice the Society is looking more inward and confining its focus on professional issues. With seniors like G Narayanaswamy, a doyen of the profession, involved in other public bodies, the appeal to wider sections of society seems to be missing.  But as the special feature on the profession published in this issue mentions, the horizons of the auditing profession have expanded manifold and cover global issues. Perhaps all the more the reason for the SoA to expand its expertise and interact with the general public. May be the SoA could act as the conscience keeper of the ICAI.

IE wishes SoA well in its march towards its centenary.

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