)
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.
Wants them to strengthen due-diligence processes
YES Bank does not expect any further divergence between reported bad loan ratios and the central bank's assessment
Sebi has defined large-caps as the top 100 companies in terms of capitalisation, mid-caps as the top 101 to 250 companies, and the rest being small-caps
Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August
Industry players fear several schemes would cease to exist following the Sebi circular
256 firms have five or less members on their boards
Sebi has invited public comments on the report till November 4. Based on the market feedback, it will take a final call on framing a new governance code
ICICI Lombard can be a play on high-growth potential offered by the non-life insurance sector, say analysts
Sensex advances for an 8th day, longest gaining streak since June 2015
With savings bank deposit rates falling, MF assets will continue to grow at a healthier pace
OFS saw a total of 548 million bids against 824 million shares on offer
Strong monitoring mechanism, along with other measures, may help prevent abuse of shell firms
Several fund houses in the past have been known to use this strategy
For the first time since 2001, promoter stake in BSE 500 decisively below 50%
Experts remain positive on private banks, especially on HDFC Bank, IndusInd Bank and YES Bank
Limaye takes charge as managing director and chief executive officer of the exchange from July 17
Experts said markets could go even higher, as short covering trend likely to continue till July 27
Market experts said the government should spread out the disinvestment in the 24 PSUs
Gains made by the index are on the back of strong flows from both FIIs and MFs
The banking sector was recently spooked by incidents of data breach and attempts of cyber-heist