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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.
India VIX index, NSE's gauge for implied volatility, is at its highest level since June 28, 2012
Amid market plunge, put options jump 3 times; straddle strategy yields 90% returns
Account holders will aslo earn 1.50% interest on any balance maintained in the account
As the order turns into delisting roadblock, the company requests tribunal to allow it to go ahead with plans
The promoters of company will forgo their entitlement to bonus shares
Big investors may stay put as the scrip trades at near offer price
Stock has lost nearly a third of its value since the IPO
Project is scheduled to be completed in 30 months from the date of commencement
Company plans to divide one share of face value Rs 10 each into 10 shares of Rs 1 each
Shares of the company were trading 1% lower at Rs 144 on BSE
These companies have delivered above-average business returns, which has driven their long term share price performance
Sebi's proposed tightening of norms a trigger; depressed share prices could be another
Board meeting on June 25
Most cos will be unable to pass resolutions
Promoters pin hope on release of safety net funds; may soon write to Sebi
Among those impacted include Tata, Essar, Dhoots and Adanis
The company has expressed reservations about making certain information public in its offer document, citing a security risk, which could delay the launch of its IPO, slated for 2013
Street expects listing at a premium of over 10 per cent
Inteview with Strategist & Head of India Equity Research, Morgan Stanley India
Interest arbitrage opportunity, with India subsidiaries offering higher yields than cost of borrowing in the US, Europe