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