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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.
Higher-than-expected cuts in policy rates by RBI and surprises in companies' earnings could bring in more FII money
The company received bids for 2.17 crore shares against an offer of 1.33 crore shares
Currently, bank rate is at 8.75%, while coupon rate offered by such instruments are between 6.85% and 7.2%
The fall was led by rate-sensitive banking stocks, which fell an average two per cent ahead of WPI data
India's first depository receipt (DR) programme for Reliance Industries established in 1992
The insurance behemoth bought 46%, or 31.63 mn of the 69 mn shares during the offer for sale last week
It has pitched for the introduction of over-the-counter non-capital-raising DRs which would allow for the conversion of Indian shares into depository receipt
Top NBFCs in margin funding space prune market exposure to comply with bank licence norms
Bankers suggest pricing the issue at a fraction of the current market price
Asia's oldest bourse plans replace its trading architecture with that of German stock exchange
Parent company to offload stake to comply with 25% minium public shareholding requirement
Sensex FY14 consensus earnings estimates have declined 0.40% over the last month
Says petition doesn't survive since Delhi HC has set aside CIC order
Interview with Head of equities (Asia), Deutsche Bank
For, note experts, SGX has other pluses, too, apart from the trading cost advantage, which would remain
The move aims to to encourage more foreign companies to issue IDRs in Indian market
The move will give a significant boost to the two SME exchangesNSE's Emerge and BSE SME who are trying to woo small companies to list on their platforms