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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.
99 per cent public institutions voted against the resolution but the promoter group and non-institutional investors voted in favour
The offering comprises secondary sale of 13.68 million shares, constituting of 27.3 per cent stake
Starting April 1, cos where such payments exceeded 2% of turnover had to obtain shareholder nod
Indices delivered annual returns of 9.2% amid tepid corporate earnings growth
Start-up firms will be allowed to issue shares with superior, fractional voting rights
Reit is an investment vehicle that owns rent-yielding real estate. The income generated is distributed to unit holders
Most global markets remained positive on Tuesday ahead of the US Federal Reserve's two-day meeting
Foreign institutional investors (FIIs) have pumped in $5.5 billion into Indian markets in the past one month
Proxy advisory firm says the deal is a battle of corporate culture and work ethos
Over $3 billion already invested in domestic equities in March; Fed pause, hopes of political continuity key drivers
Both the NSE and the SGX pleaded before the Bombay HC that more time should be granted
All elements required for a sustained bull run are in place
MFs also bought shares of Emami, where the promoter divested their holding to reduce the share pledge burden
Poor short-term performance, increase in volatility, and election uncertainty have weighed on equity flows
According to data from stock exchanges and Sebi, domestic funds pulled out around $500 million while FIIs buying in the past few sessions neared $1 billion
The 30-share index rose 404 points, or 1.14 per cent, to end at 35,756, while the Nifty snapped its eight-day losing streak, ending 131 points or 1.24 per cent higher at 10,735
On February 14, the private lender had disclosed that the RAR had not found any divergence in asset classification and provisioning for 2017-18
The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers
The Mumbai outlet has added a few Indian dishes to its menu. But Munidasa says people eventually stick to the restaurant's signature offerings
Reliance Group accuses L&T Finance and Edelweiss of illegal, motivated actions; the two firms refute charges