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