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