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