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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.
An analysis done by Motilal Oswal Financial Services (MOFSL) shows, health care and technology are the only two sectors which have seen an upgrade in FY22 earnings
The high-beta banking and realty stocks were among major gainers.
Analyst and money manager allegedly procured price-sensitive information from senior officials of Mannapuram Finance in 2013
The sharpest pull-out was from India-dedicated funds (both ETF and non-ETF) was at $8 billion, followed by global emerging market (GEM) funds at $2.8 billion
Jump in user base and margin improvement helped stock end with a gain of 3.3% in a falling market. Nevertheless, it shed 8.3% from day's high of Rs 488 to end at Rs 448
MSCI acknowledges govt's move to relax FPI investment limits
Investment banking and legal fees, advertisement and marketing, listing fees and brokerage, and selling commission are the typical cost heads incurred by a company for an IPO
2020 underperformance narrows; Experts say going further outperformance could be a challenge
Change in tax structure leads to revival of share repurchase programmes
The most-bought list is dominated by companies that are expected to benefit from a revival in economic activity and consumer spending
The resolution plan shall be finalised within 180 days from the end of the review period. If it is not finalised (within this timeframe), the debenture trustee(s) shall be free to exit the ICA: Sebi
Regulator to probe various aspects of failed deal, including placement of 120 mn unconfirmed bids
Industry players said that public shareholders often get greedy with the asking price for tendering the shares
Debt restructuring, proposal to approach Sebi for extension could be points of meeting agenda
Currently, only 19 Nifty stocks are above their February levels; 31 are still in the red-some as much as 50 per cent
The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks
In the event, Vedanta RBB fails to get bids for at least 1.34 billion shares--- the minimum required for the promoters to acquire 90 per cent shareholding-the delisting bid would fail
At the last closing price of Rs 2,825, TCS was valued at $144.73 billion, (Rs 10.6 trillion), while Accenture is currently at $142.4 billion
brokerage published a report downgrading the stock from 'hold' to 'reduce' citing reduced book value approved by Sebi
Promoter group wants an exit price of less than Rs 170 per share, but large institutional shareholders are keen on getting more