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