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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.
Buy heavily into second-line companies such as Tech Mahindra, eClerx Services, Polaris Financial Technologies
Company has challenged an FMC order declaring it not 'fit and proper' to own a substantial stake in MCX
Private equity firms won't get to use internal rate of return model, as the central bank is against fixed returns
Enforceability of put & call options was questionable under FEMA norms
BSE Bankex closes below 200-day moving average; inflation data and earnings in focus
To get same tax treatment as FIIs; rules on search & seizure and consent settlement cleared
Initiative part of steps to revive primary market sentiment
The regulator to also announce REIT regulations, scrap IPO grading at its board meeting
SC to decide on Jan 2 on whether SAT can hear the appeal
Companies will get to issue depository receipts; govt to notify norms soon
FMC says FT, Jignesh Shah and Joseph Massey don't meet 'fit and proper' criteria to operate an exchange
Sebi also proposes to come out with final guidelines for Reits
Average monthly turnover at currency bourses has declined more than 75% between June and November
Sebi is expected to announce new norms on insider trading soon
Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity
Appetite strong for good offerings, disinvestment drive to get a boost, say bankers
Institutional investor category subscribed nine times
Banks, research houses cite self-regulatory framework; journalists excluded from registration but may have to disclose stock holdings
The issue closes on Dec 5 for institutional and high networth investors and on Dec 6 for retail investors