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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 accused allegedly bought shares ahead of giving buy recommendations
The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times
Index nearly doubles in 10 months
Sensex nearly 85 per cent each since Trump's inauguration on January 20, 2017; Spanish and British markets fared worst in the last four years
Analysts are forecasting Nifty EPS to grow 60% by FY23
Indices recoup most of the losses of last 2 sessions
Employee quota lapped up by over 13 times. HNI and institutional book saw only a few bids
Revenues during the same period have grown from Rs 760 crore to an estimated Rs 1,330 crore for this financial year
The fear guage has risen 22 per cent this month and is currently at 24, a level approached only a few times in the past six months
Centre for the first time exercises provision for IRFC issue
Following share sale, govt's stake in SAIL will decline by 10 percentage points from current 75%
Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)
Investment bankers said more IPOs including that of Home First Finance Company, RailTel Corporation of India, Kalyan Jewellers India, Stove Kraft and Suryoday Small Finance Bank will be rolled out
The move follows increase in foreign investment limit in the telecom major from 49 per cent to 100 per cent
Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March
The free-float market cap - a key parameter for index inclusion-of Tata Consumer Products is currently at Rs 36,000 cr, while that of Gail is about Rs 30,000 cr
Four of the five most-subscribed initial public offers are down 12-71% over day-one listing gains
President of Franklin Templeton India Sanjay Sapre speaks ahead of the vote on whether the fund house should be allowed to wind up troubled schemes
Some $900 mn could flow into domestic stocks due to the GEIS rejig; Dr Reddy's could see inflows of $80 mn and Tata Steel could see outflows of $60 mn due to changes in BSE Sensex
At the end of last month, it stood at Rs 30 trillion