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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.
Within five days, the Rs 3,500-cr tax-free offering has mopped up about Rs 2,900 cr
Dollar's gains against the rupee open arbitrage window; experts advise against deciding only on the basis of currency trend
Sequoia Capital, which owns 3.8% stake in MFI, sold 1.39% stake at Rs 132 per share to net Rs 19.8 crore
Calls for both short-term, long term measures to address twin deficit problem
The 50:50 JV between the two investment banks was formed on 2007 to tap the fast-growing high networth individuals (HNI) client case
Currently, all Sebi-registered intermediaries have to meet a minimum networth requirement
10 candidates in the reckoning
Despite a sharp drop in rupee, playing games on your fancy tablet or mobile continues to remain cheap
The stock touched a record low of Rs 238.35 today
An intervening petition was filed by Dr M Furquan, editor of an Urdu daily, Sach Bilkul Sach, on ground of public interest
Govt relaxes various norms after last year's poor show; market welcomes early notification, unlike in FY13
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