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