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Dear Members
Markets
ended week with minor losses. Revival of monsoon rains, robust
industrial production data and strong exports data from China,
helped stocks bounced back from a steep fall registered at the onset
of the week.
FIIs
inflow in June 2010 totaled Rs. 1,188 crs., while FII inflow in the
calendar year 2010 totaled Rs. 21,757 crs.
Few
circulars were released across BFSI segment last week. The key
circulars among them are
1.
SEBI
– “Allocation of Corporate debt investment limits to FIIs”&
“Disclosure of regulatory orders and arbitration awards on
Depository website”
2.
IRDA
– “Section 31B(2) of the Insurance Act, 1938 in Life Insurance &
General Insurance space”
The
orientation program for RAIN members on new IPO process held on
10th June at Matoshree, was very well received and
attended by 53 people cutting across 21 registrars across the
country. Please note the presentations as well as the snaps taken
during the training session are now uploaded on RAIN website.
Presentations are uploaded in Presentation corner in member’s area
whereas the photos are uploaded in the home page in the events
category. Looking forward to your nominations for the next program
on technology.
With best regards
V.
Ganesh
Chairman – RAIN
www.rainnet.org
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