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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 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.

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Sebi working on norms to incorporate new powers

Sebi, among other new powers, is now allowed to access information, records of any person, including banks

Sebi working on norms to incorporate new powers
Updated On : 19 Aug 2013 | 11:23 PM IST

Jewellery stocks dull on fresh RBI salvo

Titan Industries, PC Jeweller,Shree Ganesh Jewellery House and TBZ are down 2-11% on BSE

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Updated On : 16 Aug 2013 | 9:58 AM IST

Amid market gloom, SMEs raise capital

Even as major companies desist from raising funds from the market, 6 small companies launch IPOs in a month

Amid market gloom, SMEs raise capital
Updated On : 15 Aug 2013 | 4:34 AM IST

RBI cuts overseas investment cap to keep outflows under check

Central bank has also reduced remittance cap for resident individuals, under LRS from $200,000 to $75,000 per financial year

RBI cuts overseas investment cap to keep outflows under check
Updated On : 14 Aug 2013 | 6:26 PM IST

IDBI Bank puts Deccan Chronicle's newspaper titles on the block

Says will transfer four titles to the highest bidder

IDBI Bank puts Deccan Chronicle's newspaper titles on the block
Updated On : 13 Aug 2013 | 11:14 AM IST

MFs opposed just 1.5% resolutions in 2012-13

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

MFs opposed just 1.5% resolutions in 2012-13
Updated On : 12 Aug 2013 | 11:17 PM IST

Sebi lifts restraining order on Jolly Board

Jolly Board had promoter holding of more than 75% on June 3, last day for meeting MPS requirement

Sebi lifts restraining order on Jolly Board
Updated On : 12 Aug 2013 | 6:29 PM IST

Sebi staff contributes Rs 11 lakh to PM's relief fund

Aftermath situation very severe which requires enormous relief work in Uttarakhand

Sebi staff contributes Rs 11 lakh to PM's relief fund
Updated On : 08 Aug 2013 | 6:49 PM IST

NISM's Rs 400-cr campus to be ready by 2015

The 70-acre facility in Navi Mumbai aims to increase the number of courses, cater to foreign students

NISM's Rs 400-cr campus to be ready by 2015
Updated On : 07 Aug 2013 | 10:49 PM IST

SAT sets aside Sebi order against NSDL

A Sebi committee had passed the order against NSDL in December 2008

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Updated On : 06 Aug 2013 | 4:10 PM IST

MFs sweat to source gold for ETFs

Physical unavailability makes operating of such schemes tedious; mutual fund houses and clients' interest in such schemes wanes

MFs sweat to source gold for ETFs
Updated On : 05 Aug 2013 | 11:28 PM IST

Going gets tough for gold ETFs

Fund managers are finding it increasingly difficult to find physical supply of gold

Going gets tough for gold ETFs
Updated On : 05 Aug 2013 | 11:18 AM IST

Blackstone's FT bet goes haywire

Several other institutional investors, mutual funds like Reliance Capital and Birla Sunlife staring at huge losses

Blackstone's FT bet goes haywire
Updated On : 02 Aug 2013 | 10:59 PM IST

Govt raises Rs 35 cr from STC, ITDC share sales

Center sold 0.6 million shares (1.02%) in STC for Rs 4.54 crore at Rs 74 per share

Govt raises Rs 35 cr from STC, ITDC share sales
Updated On : 02 Aug 2013 | 4:26 PM IST

Just Dial IPO: Bulk of retail investors cash out

The scrip of the company on Wednesday ended at Rs 695.80, up 2.7 per cent, on BSE, while the benchmark Sensex ended flat at 19,345.70. Just Dial shares had seen a record high of Rs 761.80 on July 9

Just Dial IPO: Bulk of retail investors cash out
Updated On : 31 Jul 2013 | 11:33 PM IST

Proxy advisories no longer a bit player

In latest sign, Holcim reaches out to clear air on deal, with concall among three advisory firms that raised governance issues

Proxy advisories no longer a bit player
Updated On : 31 Jul 2013 | 10:22 PM IST
Govt sells 7.64% in National Fertilizers for Rs 100 cr
Updated On : 31 Jul 2013 | 6:21 PM IST

Indian Hotels board violates exchange norms

Indian Hotels hasn't found new independent directors to fill in spots which were left vacant last year due to resignations

Indian Hotels board violates exchange norms
Updated On : 30 Jul 2013 | 1:45 AM IST

FIIs pull out of stocks, debt in July

Worry at US Fed policy & uncertain economic prospects; so far this month, FIIs have been net sellers at around Rs 18,400 crore

FIIs pull out of stocks, debt in July
Updated On : 30 Jul 2013 | 1:16 AM IST