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