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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.
SES has urged the market regulator Securities and Exchange Board of India (Sebi) to probe the affairs at EKI
Typically, holdocs trade at a discount of 40-70% to their intrinsic value due to multiple factors such as dividend taxation, complex structures and lack of control
Players in ecosystem will have to work overtime to ensure success
Promoters offload 24% equity amid shareholding dispute
F&O volumes log new highs, increase by 2.8 times over a year earlier
In June 2020, Singh retired as the realty firm's chairman after nearly six decades
Investment bankers said smaller issues are a relatively easy pitch for investors
Three Adani Group firms, Coal India among beneficiaries
Cancellation of ordinary shares to attract three levels of taxes
A regulatory framework for index providers was cleared by Sebi's board at its meeting held in March. The regulator, however, is yet to notify changes
The market value of outstanding Tata Motors DVR is nearly Rs 19,000 crore, while the market value of ordinary shares is Rs 2.12 trillion
Sebi is reviewing the framework of "trading plan" -- used by insiders to deal in the shares of their companies as required under the Prohibition of Insider Trading (PIT) Regulations
Sample this: In June 2022, the aggregate profit pool for the top 600 companies was projected to touch Rs. 13.2 trillion for the ongoing financial year 2023-24 (FY24)
The Morgan Stanley Capital International (MSCI) India Index witnessed a sharp drop of over 9 per cent on Friday
Valued at Rs 1.66 trn, RIL arm discovers price at Rs 262 a share
Street estimates range from Rs 150-240 per share for RIL's financial services arm
Shares rise nearly 1% to end at Rs 2,822; from a low of Rs 2,201 in 2023, RIL's stock has added over 28%; gains come ahead of demerger with its financial services arm JioFin
The grey market premium (GMP) for Netweb Technologies, India's largest manufacturer of supercomputing systems, is hovering above 65%
A recent analysis by CLSA shows that "most of Nifty's tops have been at the 2-ppt bond yield-equity yield level"
With the Nifty Bank contracts using Wednesday as the day of expiry, there will be derivatives contracts expiring four days a week