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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.
Shares plummet almost 30% from intra-day high on concerns that minority shareholders may not gain much from the deal with Groupe Lactalis
The maximum transaction limit for UPI payments is Rs 1 lakh. But an investor can apply for shares up to Rs 2 lakh in the retail category
After the buyback, the company's consolidated debt would have been more than twice that of the paid-up capital and free reserves, higher than Sebi's mandated level
If election results are not favourable, it could further intensify the sell-off, experts say
Bids for 61.91 million shares were received from individual investors, as against the base issue size of 39.6 million
The move will help reduce the time period between closing of an initial public offering (IPO) and listing of the security from six working days to just three working days
Market players said the statement issued by the government to defuse the tension with the RBI had helped market sentiment
For the quarter, the company's total assets under management stood at Rs 4.04 trillion, an increase of 6% year on year
Institutional demand less than a third of the total issue size of Rs 148-bn
In comparison, the value of promoter holding of Adani group companies is down 24 per cent or Rs 256 billion
Benchmark indices rebound from 6-month lows
The cut in TER-the fees charged to investors by a fund house-will have to be done at a scheme level as per slabs set by the regulator
According to data, big ticket investors such as Nordea Bank, UBS, AGF Management and Goldman Sachs put together have sold over 10 million shares of Infosys in the past month
Sunil Singhania, who quit Reliance Mutual Fund, to set up Abakkus Asset Manager
Mukherjea explains why the markets are set for an interesting nine months
Regulatory sources say while Sebi is responsible for the implementation of the minimum public shareholding requirement, it is the government which has the powers to set deadlines
I do not expect to see the kind of pipeline we had in 2017, says UBS India head Anuj Kapoor
A Reit allows investors to take ownership in a yield-generating commercial real estate properties, such as office buildings or shopping malls
In the short term, election does matter and will play on the investor sentiment, says Suhas Harinarayanan
Regulator-appointed panel discusses proposal to allow listings without voting rights