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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a team of reporters that turns 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 team of reporters that turns 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.
The company could soon break into the top 5 most-valued oil & gas stocks
Regulatory sources say their prime objective is to ensure that innocent clients whose funds and securities are stuck with the brokerage are returned safely
The fund house said Adilink's failure to repay was on account of "extension of originally anticipated timelines for the monetisation of road assets"
A year ago, the PE firm had acquired Karvy group's stake for around Rs 1,000 crore
Regulator says looking to tighten related-party transaction norms
The sources said UTI MF will hold a meeting of the stakeholders soon to finalise the structure of the issue
The regulator will also prescribe a formula for profit sharing
Regulations on rights issue, portfolio managers revamped
The MSCI EM index has gained as much as 9 per cent since October 1, only to give up some of its gains over the past few sessions
Zerodha CEO Nithin Kamath says not being answerable to anyone is the best part of his life, so the company is not looking for a funding
SAT also dismissed such appeals stating it didn't find enough merit in dismissing the approach taken by Sebi to arrive at a fair valuation
SGX is a popular destination for Nifty products
The move is aimed at improving transparency and to help investors assess the risk better
India is going to be the next China. It will be a foreign flow magnet, says Sundaram Mutual Funds MD Sunil Subramaniam
The matter could get further complicated for Infosys as the company is also listed on the Nasdaq Stock Exchange in the US
Interestingly, more than 80 per cent of the actively-managed schemes in the mid- and small-cap category have managed to deliver better returns than the S&P 400 MidSmallCap Index
This is the sharpest decline for the software exporter since April 2013, shows data compiled by Bloomberg
Also, the weightage of ICICI Bank is set to increase as the legroom for foreign portfolio investor (FPI) investment in the stock has gone up
The biggest contribution has come from the US at $4 trillion (45% of total) and China at $1.9 trillion (21% of total)
On an overall basis, fund houses pumped in Rs 11,000 crore into stocks during the month with the benchmark Nifty ending with 3.6 per cent gain