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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.
Presentations made on video conference to government; IPO pegged at Rs 1 trillion by some
In the past six trading sessions, shares of RIL have soared more than 16 per cent
Companies with issues in the pipeline reveal demand changes, economic uncertainty
Economists project developed world central banks to keep liquidity tap open well into 2021
Ball is in govt's court, says Sebi chairman on using demat accounts for investing in G-secs
The regulator has asked brokers to collect upfront so-called value at risk (VaR) margin and extreme loss margin (ELM) even for trading in the equity cash segment.
Regulatory tweaks aid momentum, with half a dozen firms launching or are in the process of issuing fresh equity shares through this route over the past month
Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription
The FPO generated bids for 8.5 billion shares, 93% of the 9.1 billion on offer, the data provided by the stock exchanges at 6 pm showed
NSE has recorded huge growth in volumes this year and also has consolidated its market share
While legroom for overseas investors in Indian firms has gone up after govt's move to automatically bring sectoral foreign investment limit under FPI, index provider seeks more clarity on changes
27 sessions in H1CY20 saw over 3% swing
Supportive action taken by global central banks boosted investors' appetite for risk even as coronavirus infections continued to climb at a steady pace.
Issue size Rs 995 crore, closes July 22, ex-date July 1; shareholders can get nine shares for every 77 held
As per earlier timeline, Chokshi & Chokshi was to complete by first week of July but given the tedious nature of the probe, it will be allowed to submit its finding by end July or first week of August
ONGC, Tata Steel, and Zee Entertainment were some of the Nifty50 firms which were yet to disclose their numbers until Friday
10,500-10,700 may act as a strong resistance going forward, considering that foreign investors may book profits at higher levels
The new pricing formula for allotment of shares under the preferential issue will be higher of the average 12-week price or 2-week price.
Stock hits upper limit after regulatory filing shows promoter holding in the company had breached the 25% threshold following an open market purchase by chairman and CEO Nirmal Jain
Nearly 85 per cent of institutional public shareholders and 75 per cent of non-institutional shareholders voted in favour of the proposal.