 "Samie Modak")
Samie Modak
Samie Modak
Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a team of reporters that turns 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 team of reporters that turns 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.
Page 113 - Samie Modak/workspace/business Standard Web/video
Sahara's appeal before SAT postponed to Jan 17
SC to decide on Jan 2 on whether SAT can hear the appeal
 "Sahara's appeal before SAT postponed to Jan 17")
Listing abroad sans domestic IPO set to be a reality soon
Companies will get to issue depository receipts; govt to notify norms soon
 "Listing abroad sans domestic IPO set to be a reality soon")
All eyes on Sebi after FMC's decision on FT
FMC says FT, Jignesh Shah and Joseph Massey don't meet 'fit and proper' criteria to operate an exchange
 "All eyes on Sebi after FMC's decision on FT")
Overhaul of corporate governance rules likely
Sebi also proposes to come out with final guidelines for Reits
 "Overhaul of corporate governance rules likely")
Currency exchanges' volumes continue to head downwards
Average monthly turnover at currency bourses has declined more than 75% between June and November
 "Currency exchanges' volumes continue to head downwards")
Sebi panel asks it to 'name and shame' entities involved in insider trading
Sebi is expected to announce new norms on insider trading soon
 "Sebi panel asks it to 'name and shame' entities involved in insider trading")
Bourses await powers to penalise promoters
Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity
 "Bourses await powers to penalise promoters")
Power Grid FPO subscribed nearly seven times
Appetite strong for good offerings, disinvestment drive to get a boost, say bankers
 "Power Grid FPO subscribed nearly seven times")
Power Grid issue subscribed nearly five times
Institutional investor category subscribed nine times
Sebi diktat on analysts no sweat for research houses
Banks, research houses cite self-regulatory framework; journalists excluded from registration but may have to disclose stock holdings
Power Grid issue subscribed 69% on day one
The issue closes on Dec 5 for institutional and high networth investors and on Dec 6 for retail investors
 "Power Grid issue subscribed 69% on day one")
NSE suspends trading in 10 firms due non-compliance
Currently, combined market cap of ten companies is in excess of Rs 200 cr and bulk of it is free float
 "NSE suspends trading in 10 firms due non-compliance")
Govt to ask PSUs for Rs 10,000-cr special dividends
Govt may direct cash-rich PSUs to part with cash to meet Rs 40k cr target
Sebi directs depositories to keep tab on credit enhanced bond limits
In Sept, govt allowed FIIs to invest in 'credit enchanced rupee bonds' up to $5 billion within overall corporate bond limit of $51 billion.
Govt stake sale buzz triggers build-up of short positions
Arbitrageurs aim to tap opportunities in PowerGrid, IndianOil
 "Govt stake sale buzz triggers build-up of short positions")
MFs may shun investments from US
Stringent tax regime coming into force in January and rising Fatca compliance costs could eat into investments from the US
 "MFs may shun investments from US")
Sebi agrees to ease delisting rules
Sets up internal panel to iron out issues companies face with delisting regulations
FIS to provide tech solutions to BMB
US-headquartered firm aims to bag more mandates in India
 "FIS to provide tech solutions to BMB")
RIL-Sebi case: SAT hearing adjourned to 2 Dec
Case pertains to alleged insider trading by RIL
 "RIL-Sebi case: SAT hearing adjourned to 2 Dec")