)
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.
Market regulator framing new rules, issuing internal guidance
Employees at rating agency will now have to seek prior approval of their compliance officer before buying or selling shares of a company
Company to issue bonds in 3 different tenures - 10 yrs, 15 yrs and 20 yrs
Foreign shareholding in bank has crossed overall limit of 49%
Shortlists six stocks which could yield 'low-risk reward' benefit.
Real estate investment trusts are mutual funds where investors pool money to buy property
REITS are like real estate mutual funds where investors pool money to buy an real estate asset
REC, PFC retreat after getting ready, tax-free bonds could be hit next unless volatility, tight liquidity ease
Regulator barred Imtiyaz Hanif Khanda and Vali Mamad Habib Ghaniwala from access capital markets
Sebi, among other new powers, is now allowed to access information, records of any person, including banks
Titan Industries, PC Jeweller,Shree Ganesh Jewellery House and TBZ are down 2-11% on BSE
Even as major companies desist from raising funds from the market, 6 small companies launch IPOs in a month
Central bank has also reduced remittance cap for resident individuals, under LRS from $200,000 to $75,000 per financial year
Says will transfer four titles to the highest bidder
In 2010, Sebi had mandated all AMCs to disclose their policies, procedures on their websites, annual reports for votes exercised by them in investee companies
Jolly Board had promoter holding of more than 75% on June 3, last day for meeting MPS requirement
Aftermath situation very severe which requires enormous relief work in Uttarakhand
The 70-acre facility in Navi Mumbai aims to increase the number of courses, cater to foreign students
A Sebi committee had passed the order against NSDL in December 2008