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Affiliated to
Dr. Ved Vrat was conferred life time achievement Dr. SK Duggal, Past President CMA presenting
ALL INDIA MANAGEMENT ASSOCIATION Award by ITFT memento to Mr. Satish Chandra
CMA Update
Mr. Amarjeet Singh, Regional Manager SEBI & Mr. Rakesh Bhanot, Deputy GM SEBI giving their presentation
Chandigarh Management Association (CMA) in association them. He said “investors need to switch their investments to
with Citizen Awareness Group organised a Seminar on the companies, which withstood the onslaught of recession
“Investment Scenario post-economic recession” on and has come out with stronger balance sheets, because
November 6, 2009 at Gian Jyoti Institute of Management these companies are most likely to survive under any
and Technology, Mohali. Mr. Amarjeet Singh, Regional circumstances in the future also”. Dr. Gulshan Shrama, Vice
Manager, and Mr. Rakesh Bhanot, Dy. General Manager of President of CMA, while speaking on the occasion said that
Securities Exchange Board of India (SEBI), were the main “as long as your portfolio is diversified, your investments are
s p e a ke rs . S p ea k i n g o n t h e
occasion, Mr. Amarjeet Singh, said Excellent work Pres Karamjit Singh ji and Secy J.N. Vohra. In an age of e-communication, the e-mag is the
that grading of all Initial Public right way to reach out to the members with the information and even reach out to the prospective
Offerings (IPOs) was made members too. This is being executed very professionally and my heartiest compliments to you.
mandatory and the job of grading With best personal regards
has been entrusted to SEBI Charanjit Singh, MD, Core Communications, CorePR
registered credit rating agencies.
He said that against the backdrop probably going to be in good shape no matter which ride we
of an increasing integration of global financial markets, SEBI take.” Dr. Sharma said that perhaps City of Chandigarh is not
channelised its efforts to bring out regulations to handle the the place from where large investments in the stock market
domestic and global developments. Steps were taken to could be expected as most of the citizens of the city are
issue new guidelines and regulations to promote orderly retired civil servants. However, he congratulated Mr.
growth of securities market. Mr. Rakesh Bhanot dealt at Amarjeet Singh, Regional Manager, for bringing awareness
length the do’s and don’ts while making investments in the regarding regulations of SEBI to the city. Mr. J.N.Vohra,
stock markets and in other securities. Secretary General, while initiating the programme said that
Earlier, Mr. J.S.Bedi, Chairman, Gian Jyoti Institute while from January to September 2008, when the recessionary
presiding over the seminar said that if anything good which vibes dawned and later engulfed the capital markets, the
has come out from recession, it’s the sobering effect that a Bombay Stock Exchange (BSE) and the National Stock
down market can have on the tipsy expectations of Exchange (NSE) jointly lost Rs.56,47,685 crores in terms of
investors, and recession has provided a reality check for
Mr. JS Bedi, Chairman Gain Jyoti Institute of Management & Technology addressing the Audience
CMA Update
It is great to see CMA using available technology support of the internet and
virtually moving into "Cloud Computing". It is essential to cut costs and remain
Recently joined Life Member of CMA relevant in this fast changing digital world space. Thanks for the newsletters.
• Dr. Anmol Rattan Sidhu
Col (Retd) KK Sharma
Assistant Solicitor General & President Bar Association Campus Head, Adam Smith Institute of management Chandigarh (ICFAI)
Punjab & Haryana High court, Chandigarh