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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.
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
Westlife Development, the company that holds the master franchise in western India and South India for McDonald's, has a market cap of Rs 7,312 crore
Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float
Majesco has also launched a Rs 631-crore share buyback programme
Issued under rights programme, they are now at a 14 per cent premium to ordinary shares
V Jayasankar, senior executive director and head of equity capital markets, Kotak Investment Banking, says the huge listing day pop is partly because of technical factors.
Measures related to capital markets aimed at providing an impetus to economic growth will be discussed, sources said.
If grey market activity is to be believed, despite the high acquisition price, HNIs will make money.
All these counters witnessed aggressive buying for foreign portfolio investors
"Historically, Indian investors have shown a very strong home bias - investing all or nearly all of their capital, domestically," says Edwards
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
The RBI has proposed that the payouts from next financial year will depend upon factors such as capital adequacy, non-performing asset ratio and leverage ratio.
Earlier this week, the world market cap crossed the coveted $100-trillion milestone. It had slipped below $62 trillion in March amid widespread selling triggered by the Covid-19 pandemic
November outflow at record high even as overall AUM tops Rs 30 trn milestone on sharp run up in stock markets and positive flows into debt category
Shares of several companies written off by investors are making a comeback
In a Q&A, Deepak Khurana, Director, Sustainable Finance and Lipper, Asia-Pacific at Refinitiv, says India has ranked high on policy community involvement with 99 per cent transparency rating
The liquidity gush saw the financial pack outperform the markets by a huge margin: The Bank Nifty index jumped 24 per cent, twice the gain made by the Nifty50 index in November
YES Bank could re-enter the large-cap universe at it is currently the 88th most valued company in the country
Buying shares of companies that operate in the cold storage space is emerging as a hot theme on Dalal Street
On the domestic side, we have latent demand in many industries due to the slowdown of the last few years, multi-year low-interest rates, exports, and capital flow being assisted by the global macro sc