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Samie Modak

Samie Modak

Samie Modak

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.

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Street signs: New rules may allay FPI concerns, Neogen IPO, and more

Shares of Neogen Chemicals are changing hands at a 10 per cent premium in the grey market

Street signs: New rules may allay FPI concerns, Neogen IPO, and more
Updated On : 21 Apr 2019 | 10:20 PM IST

Mutual funds sell several blue chips stocks, buy mid-caps in March

The benchmark indices had gained nearly 8% amid a surge in foreign institutional investor flows last month

Mutual funds sell several blue chips stocks, buy mid-caps in March
Updated On : 14 Apr 2019 | 8:59 PM IST

Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more

During the 2014 general election, the primary market had seen a lull with only one IPO between April 2014 and July 2014

Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more
Updated On : 14 Apr 2019 | 8:54 PM IST

Sebi to seek details from mutual funds with schemes linked to Zee group

The regulator is examining the different approaches taken by the two large fund houses with regard to repayment

Sebi to seek details from mutual funds with schemes linked to Zee group
Updated On : 12 Apr 2019 | 2:28 AM IST

We don't allow promoter to extend their leverage, says Nilesh Shah

In the case of Essel group, the burning question before lenders was whether the pledged shares should be invoked and sold to recover dues, says Shah

We don't allow promoter to extend their leverage, says Nilesh Shah
Updated On : 12 Apr 2019 | 1:10 AM IST

Street signs: Lakshmi Vilas Bank-Indiabulls merger, Polycab stock, and more

Despite the sharp rally, LVB shareholders are getting a premium of 36 per cent

Street signs: Lakshmi Vilas Bank-Indiabulls merger, Polycab stock, and more
Updated On : 07 Apr 2019 | 9:10 PM IST

Prabhat Dairy gets shareholder nod for sale of its business to Lactalis

99 per cent public institutions voted against the resolution but the promoter group and non-institutional investors voted in favour

Prabhat Dairy gets shareholder nod for sale of its business to Lactalis
Updated On : 29 Mar 2019 | 7:34 AM IST

Metropolis Healthcare's Rs 1,200-cr IPO to open for subscription on Apr 3

The offering comprises secondary sale of 13.68 million shares, constituting of 27.3 per cent stake

Metropolis Healthcare's Rs 1,200-cr IPO to open for subscription on Apr 3
Updated On : 29 Mar 2019 | 12:34 AM IST

Axis Bank joins Rs 2-trillion market cap club, Titan touches Rs 1 trillion

The Sensex is only 1 per cent shy of its previous all-time high.

Axis Bank joins Rs 2-trillion market cap club, Titan touches Rs 1 trillion
Updated On : 28 Mar 2019 | 11:16 PM IST

Markets rally towards all-time high; Sensex up 413 pts, Nifty rises 125 pts

Benchmark indices post 1%-plus gain for 5th time this month, 8th in CY19

Markets rally towards all-time high; Sensex up 413 pts, Nifty rises 125 pts
Updated On : 28 Mar 2019 | 11:11 PM IST

Sebi defers implementation of new royalty payment corporate code

Starting April 1, cos where such payments exceeded 2% of turnover had to obtain shareholder nod

Sebi defers implementation of new royalty payment corporate code
Updated On : 28 Mar 2019 | 2:54 AM IST

Markets failed to sizzle under NDA govt in last five years, say experts

Indices delivered annual returns of 9.2% amid tepid corporate earnings growth

Markets failed to sizzle under NDA govt in last five years, say experts
Updated On : 26 Mar 2019 | 2:08 AM IST

Sebi mulls dual-class structure to prevent hostile takeovers

Start-up firms will be allowed to issue shares with superior, fractional voting rights

Sebi mulls dual-class structure to prevent hostile takeovers
Updated On : 21 Mar 2019 | 2:44 AM IST

Embassy Office Parks Reit IPO subscribed 2.5 times

Reit is an investment vehicle that owns rent-yielding real estate. The income generated is distributed to unit holders

Embassy Office Parks Reit IPO subscribed 2.5 times
Updated On : 21 Mar 2019 | 1:16 AM IST

Markets gain for 7th day, Sensex rises 268 points, Nifty tops 11,500

Most global markets remained positive on Tuesday ahead of the US Federal Reserve's two-day meeting

Markets gain for 7th day, Sensex rises 268 points, Nifty tops 11,500
Updated On : 20 Mar 2019 | 2:34 AM IST

Nifty to gain 10% in 12-months, upgrades Indian mkt to overweight: Goldman

Foreign institutional investors (FIIs) have pumped in $5.5 billion into Indian markets in the past one month

Nifty to gain 10% in 12-months, upgrades Indian mkt to overweight: Goldman
Updated On : 19 Mar 2019 | 11:07 PM IST

Mindtree independent directors should guide shareholders, says IiAS

Proxy advisory firm says the deal is a battle of corporate culture and work ethos

Mindtree independent directors should guide shareholders, says IiAS
Updated On : 19 Mar 2019 | 11:01 PM IST

Foreign portfolio investors' inflows set for highest level since March 2017

Over $3 billion already invested in domestic equities in March; Fed pause, hopes of political continuity key drivers

Foreign portfolio investors' inflows set for highest level since March 2017
Updated On : 19 Mar 2019 | 9:59 AM IST

Bombay HC extends NSE-SGX arbitration deadline to December 2020

Both the NSE and the SGX pleaded before the Bombay HC that more time should be granted

Bombay HC extends NSE-SGX arbitration deadline to December 2020
Updated On : 19 Mar 2019 | 12:56 AM IST

Investors should forget white noise like polls, pad up for bull run: HSBC

All elements required for a sustained bull run are in place

Investors should forget white noise like polls, pad up for bull run: HSBC
Updated On : 15 Mar 2019 | 11:24 PM IST