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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.
Sources said the Falguni and Sanjay Nayar-promoted firm is looking to launch its maiden offering at valuations of more than Rs 45,000 crore ($6 billion)
Host of good news and a strong business outlook can lead to multiple re-rating for the stock
This is expected to put further upward pressure on the price of the commodity
HDFC Life and Reliance Industries (RIL) also featured in the most-sold list
The Nifty50 closed at 18,162, up 170 points, or nearly 1%, extending its year-to-date gains to 30%
This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table
Brickwork Ratings is one of the seven Sebi-registered credit rating agencies (CRA). The other six being Care, ICRA, Crisil, Fitch and Infomerics Ratings and Acuite Ratings & Research
In an interview, Kochhar says monetary policy normalisation is a definite risk but India is better placed, thanks to its strong macros
Shares of Ami Organics dropped more than 4 per cent on Friday as the 30-day lock-in period meant for anchor investors ended
Rising instances of complaints by competitors against companies ahead of their IPOs
Currently, HUL trades at 58 times its estimated earnings for FY23. Nestle is the most expensive FMCG with 69x its FY23 P/E, while ITC is the cheapest at 17.5x
The move is to facilitate the so-called book building process used for price discovery during IPOs
Industry seeks special dispensation from regulator
Price band set at Rs 1,021-Rs 1,072.3 per share; At the lower end of the band, Carlyle will raise Rs 3,267.2 crore
Right Horizon's Minerva India Underserved continued its dream run, gaining 13.1 per cent in August
Shares of Brookfield India REIT fell close to 9 per cent in two sessions, while Embassy Office Parks REIT declined more than 5 per cent
Currently, the domestic markets rank 6th with a market cap of $3.55 trillion. During the start of the year, India was in 8th position
The Bank Nifty index gained 2.22 per cent ahead of a press briefing by the finance minister
Peak margin norms, proposal to shift to a T+1 settlement cycle have been criticised by brokers, foreign portfolio investors.
Rs 13.6 crore impounded; analysis by Sebi showed a group of connected entities had taken long positions in Magma Fincorp that were later squared off, generating huge profits