Readers' view on Business Today stories
Your cover package, The Money Meisters (July 24), did a decent job of highlighting the importance of the role a Chief Financial Officer plays in an organisation
CFOs on top
Your cover package, The Money Meisters (July 24), did a decent job of highlighting the importance of the role a Chief Financial Officer plays in an organisation. In the past a CFO was a silent spectator while the CEO hogged all the limelight. This is no longer the case. A CFO's role is no longer restricted to just "bookkeeping" as your piece rightly points out. He has now become the CEO's closest business partner, a dramatic change in itself.
Ritika Lamba, Pune
Leading the way
Kudos to Rangan Varadan, a former Infosys employee, for creating an alternative option for farmers for getting loans (Non-Governmental Opportunities, July 24). By founding Micrograam, a private company (not a microfinance institution) which helps create an innovative model of feasible micro lending with a network of NGOs, he has truly brought about a silent revolution in the lives of poor people.
B. Rajasekaran, Bangalore
Law above all
The government and civil society representatives are still stuck over the question of bringing the Prime Minister, the judiciary and the MPs within the ambit of the Lokpal Bill (Drop the Debate, Enact the Lokpal Law, July 24). Remember, in a democracy, no one is above the law. The elected representatives, be they the PM or MPs, are public servants and can be held accountable for gross violation of people's faith as well as misuse of power. Agreed that civil society can only have limited say in law-making, but does it mean that politicians, who are easily moved by vested interests, can be entrusted to draft a law?
Mahesh Kumar, New Delhi
Left out
Your cover package, 100 Years Young (July 10), was a good effort. However, I was surprised to see that EID Parry India Ltd (incorporated in 1788 as Thomas Parry) wasn't part of your compilation. It is the second oldest company in India that is still in business. A lot more was expected from a leading magazine like yours and its depth of research.
D. Vijayalakshmi, General Manager, Corporate Communications, Murugappa Group
Your cover package, The Money Meisters (July 24), did a decent job of highlighting the importance of the role a Chief Financial Officer plays in an organisation. In the past a CFO was a silent spectator while the CEO hogged all the limelight. This is no longer the case. A CFO's role is no longer restricted to just "bookkeeping" as your piece rightly points out. He has now become the CEO's closest business partner, a dramatic change in itself.
Ritika Lamba, Pune
Leading the way
Kudos to Rangan Varadan, a former Infosys employee, for creating an alternative option for farmers for getting loans (Non-Governmental Opportunities, July 24). By founding Micrograam, a private company (not a microfinance institution) which helps create an innovative model of feasible micro lending with a network of NGOs, he has truly brought about a silent revolution in the lives of poor people.
B. Rajasekaran, Bangalore
Law above all
The government and civil society representatives are still stuck over the question of bringing the Prime Minister, the judiciary and the MPs within the ambit of the Lokpal Bill (Drop the Debate, Enact the Lokpal Law, July 24). Remember, in a democracy, no one is above the law. The elected representatives, be they the PM or MPs, are public servants and can be held accountable for gross violation of people's faith as well as misuse of power. Agreed that civil society can only have limited say in law-making, but does it mean that politicians, who are easily moved by vested interests, can be entrusted to draft a law?
Mahesh Kumar, New Delhi
Left out
Your cover package, 100 Years Young (July 10), was a good effort. However, I was surprised to see that EID Parry India Ltd (incorporated in 1788 as Thomas Parry) wasn't part of your compilation. It is the second oldest company in India that is still in business. A lot more was expected from a leading magazine like yours and its depth of research.
D. Vijayalakshmi, General Manager, Corporate Communications, Murugappa Group
