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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.
Move from MSCI to FTSE will lead to further flows by $1-1.5 billion in CY 13, others may follow, say experts
The scheme is exclusively for first time retail investors with annual income of below Rs 10 lakh
However, they are too complicated for first time equity market investors and pose a lot of uncertainties
Sebi has asked all the existing schemes to comply with these investment caps within a period of one year.
The Sebi board is likely to announce measures towards lowering transaction costs, relaxing collateral norms for foreign institutional investors
Ministry relaxes a key eligibility norm, extends deadline after lukewarm response
MD, investment banking, IDFC Capital
Sebi gave a breather to foreign investors by allowing them to carry forward 50% of their debt holdings to next calendar year
The market watchdog, recently, relaxed the threshold free-float market capitalisation level for issuers
Nomura's 'top buy' is ITC
Suzlon's business has been hurt by a slowdown in the wind energy business and reported a loss of Rs 696 cr in Q1 FY13
The benchmark Sensex closed at 18,752, a level it had not seen in 14 months
A 10-day investor road show in the US concluded that reforms have revived interest in India
However, according to brokers such high net buying figure could be due to block deal in Cairn India shares
The inference is based on an analysis of correlation between broader market returns versus Sensex returns
These firms have been particularly hit due to change in market mix from high-yielding cash segment to low-yielding options segment
Advisory firms have been advising investors to take a stand against the reappointments
About 10% of funds raised are spent on these expenses, as the risks involved are more than those for larger firms
One firm believes the long tenure of the auditor at Unitech is a big concern and is advising its client to vote against it