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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.
'Vikram Limaye recused himself from the very beginning,' tweets the exchange
Broker's lobby had requested a change in the procedure for upfront collection of peak margins from clients in both cash and derivatives segment
Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies to go public
The actual number of valid applications will be formally announced by LIC ahead of its listing
Move to have a separate quota for policyholders proves a game-changer, say experts
Benchmark indices fell nearly 4 per cent last week, following interest rate hikes by the Reserve Bank of India and the US Federal Reserve
Functioning of dealers at MFs & brokers may undergo greater scrutiny in coming weeks
Industry players said the refund process for LIC's IPO will complete on May 13 - the same day when Delhivery IPO closes
Sees participation from 3.6 mn individual investors; policyholders lead
Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint
LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore
Dubai Electricity and Water Authority's (DEWA's) $6.1-billion IPO in March is currently the third biggest public offering for the year, followed by China National Offshore Oil Corporation's (CNOOC's)
The grey market premium (GMP) for shares of Life Insurance Corporation of India (LIC) has firmed up in the past few days
Some downgrades are expected but the extent of the revisions will depend on how the situation evolves around input costs and companies' ability to raise prices"
Delhivery's IPO will be second biggest this year after LIC
This could free up more funds to invest in the largest IPO, say industry insiders
Insurance behemoth has over 1% holding in 47 Nifty50 firms
To be eligible to be part of the FTSE index, the minimum room for overseas investment has to be 20 per cent
Life Insurance Corporation of India's (LIC's) landmark Rs 21,000-crore IPO will open for subscription on Wednesday
Valuation fair and attractive; won't dilute stake for a year: Govt