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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.
Most fund managers believe a trade war between the US and China remains the biggest tail risk
The easing of FPI norms comes at a time when overseas investors have pulled out over $3 billion from the domestic markets since the Union Budget
ICICI Direct says Nestle India could have a weightage of near 1 per cent in Nifty index
The NBFC sector is undergoing huge turbulence and policy makers will have to take further steps to tackle the problem, says Nitin Jain
Analysts say investors have turned wary of firms with high promoter pledging, given rising corporate debt
In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets
The market may have bounced back in the past two trading sessions but experts are saying that we are far from forming a bottom
In the past few days, market participants have complained that there has been a delay of several hours in the release of data
In the IPO, promoters Shapoorji Pallonji Company and Khurshed Yazdi Daruval had put on the block shares worth Rs 2,083 crore and Rs 1,042 crore, respectively
Among the details firms have to furnish are end-use of money and security cover provided
The 9.8-million share offering received bids for only 10.3 million - 84 per cent of which came from qualified institutional buyers
Bloomberg data shows Nifty is the sixth-largest contributor of derivatives revenue for SGX
The recommendations made by the six-member panel headed by Sandeep Parekh, founder of Finsec Law, aim to manage conflict of interest and ensuring independence
The higher float may end up benefitting minority shareholders. However, the move may not prove to be very tax-accretive for the government, at least at current stock prices
Most shares have declined in July amid sharp sell-off by foreign portfolio investors (FPIs) hurt by the increase in tax surcharge
Analysts say there is a possibility of further downgrades
Despite the large FPI pullout last week, the rupee has remained stable
Others likely to follow KPR Mill in withdrawing share repurchase
The proposed exchanges will be regulated by Sebi and will allow the listing of social enterprises
High promoter holding remains the biggest hurdle for raising India's weight among key global indices