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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a dynamic team of reporters, turning complex market data into captivating stories. Off the clock, he's a tech geek, always up-to-date with the latest in gadgets, mobiles, and motorbikes. A sports enthusiast, he avidly follows cricket and tennis. With his blend of market expertise, tech passion, and sports fandom, he brings a fresh, engaging perspective to financial journalism.
Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a dynamic team of reporters, turning complex market data into captivating stories. Off the clock, he's a tech geek, always up-to-date with the latest in gadgets, mobiles, and motorbikes. A sports enthusiast, he avidly follows cricket and tennis. With his blend of market expertise, tech passion, and sports fandom, he brings a fresh, engaging perspective to financial journalism.
Despite a tumultuous quarter, 27 firms saw a rise in FII holdings
Case pertaining to Reliance Power's refusal to submit merger scheme to exchange, Sebi
May spell out changes through a regulation instead of a piece mean approach
New regulation to be called Settlement of Administrative and Civil Proceedings Regulations
Unit contributed £12 mn in annual revenues
Anil Ambani group firm says it doesn't need regulator's nod due to absence of share issue
These fill the need for higher return and security for idle funds
Issues fresh draft regulations five years after it withdrew similar proposal
Under the new metric-scrip-level valuation, a rating agency will provide values for debt securities across the board on a daily basis
Bulk of India's estimated 800 million phone market comprises of feature phones
FII, QFI classes merged into FPI, which won't have to register with Sebi directly; new regulations meant to simplify procedure and improve investment climate
Board meeting schedule for October 5
Wants stake sale before Jet makes allotment to Etihad
Suspension of listed companies closes exit route, hence hurts minority shareholders more than promoters
Experts say move will benefit firms in technology and internet space
In 2011 market regulator had alleged they had failed to make an open offer, suppressed information
Says new Companies Act empowers minority shareholders to act against royaly payments but it lacks clarity
While Sebi allows Poddar to be reclassified as public shareholder, nod subject to fulfilment of several conditions
Strong resistance around 6,100-6,200 levels forces benchmark index to retract four times this year
Tribunal rejected an intervening petition filed by Dr M Furquan, editor of Urdu daily, Sach Bilkul Sach