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