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Dear
Members
Indian
markets witnessed a strong post–budget rally last week. Surge in
manufacturing and services activity and rise in exports for the third
consecutive month in January 2010 aided the rally.
Business
activity among Indian service companies grew at its fastest pace in 17
months in February 2010, climbing for the 3rd straight month as
both output and new orders increased.
Some
of the key circulars released in the last week are “Disclosure of details
of the allottees in the Qualified Institutional Placements (QIP) made by
issuer company “ by SEBI, “Guidelines on Licensing of Corporate Agents
(life, non-life and reinsurance)” by IRDA & “2009-0020-Policy-Launch of ACE -
Alerts to Clients through Email (DP)” by NSDL. For all circular details,
please check “Circular Corner” in the home page of RAIN website.
Nothing much to report on RAIN
front.
With best regards
V. Ganesh
Chairman – RAIN
www.rainnet.org
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