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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.
The number of buybacks dropped from seven in FY21 to just one in FY22.
Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.
The move, directed by Sebi, is to ensure "undivided attention" for proper execution of the new norms
In 2019, India's score improved from 'below average' to 'average', thanks to investor-friendly regulations introduced by the Securities and Exchange Board of India
Small investor portion gets 4.7x subscription; company looks to raise Rs 130 crore in fresh capital
General Atlantic and billionaire Prem Watsa's company will divest their holdings.
The number of bids withdrawn in the other categories were relatively muted
Initial public offerings (IPO) launched after April 1 shall provide a sub-quota within the high net-worth individual (HNI) quota for those investing between Rs 2 lakh and Rs 10 lakh.
Regulator, however, refuses to accept India Inc's demand of deferring implementation of new norms
Close to a million retail investors in TCS tender shares in the just-concluded buyback programme
Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media
Circulation of unsolicited SMSes advertising the issue violates regulations, says the market regulator; Sebi orders a 3-day window for all investors (ex-anchor Investors) to withdraw applications
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
The brokerage said the options data suggests that the Nifty has strong support around 17,000 and then 16,800, which can act as a stop-loss for those initiating long positions
Pricing formula to discover open offer price may be eased
Most companies had to hit pause on their fund-raising plans amid a sharp fall in the stocks, more so for those in the broader market.
The Sebi board is also likely to approve the regulator's annual accounts for financial year 2021-22
Over 301 million shares tendered in buyback-8.5 times the company intended to repurchase. Attractive buyback price lured investors into tendering their shares, say experts
The market is still pretty with two-year returns for Nifty at 2.3 times, while the Nifty Midcap 100 and Smallcap 100 were up a sharper 2.7 times and 3.1 times, respectively.
Overall, India's rank is 120 on the world Sustainable Development Goals (SDG) index with Finland topping the tables