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