 "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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Market players seek more clarity on RGESS
However, they are too complicated for first time equity market investors and pose a lot of uncertainties
Govt outlines Rajiv Gandhi Equity Scheme, allows MFs
The scheme is exclusively for first time retail investors with annual income of below Rs 10 lakh
All eyes on Mint Road, will Subbarao oblige?
85% respondents of a Business Standard poll see no rate cut for now
Tax uncertainty could make IDR conversion unattractive
An IDR is a security of a foreign incorporated entity listed on an Indian stock exchange and its underlying is a listed security abroad
iOS6 is out: Here's your guide for upgrading
Update made available in India at 10:30 pm yesterday latest iPhone and the iPod come with pre-loaded iOS6
Suzlon shares fall on bond repayment extension plea
Suzlon's business has been hurt by a slowdown in the wind energy business and reported a loss of Rs 696 cr in Q1 FY13
Relaxation of fast-track route criteria to benefit 80 cos
The market watchdog, recently, relaxed the threshold free-float market capitalisation level for issuers
FMCG stocks will continue to do well: Nomura
Nomura's 'top buy' is ITC
Sebi for making Asba mandatory in phased manner
The regulator mulls shifting from the current IPO distribution model of syndicate ASBA to bank ASBA
FII inflows strong, DIIs continue to sell
Experts expect domestic flows after market touches new high
US investors showing renewed interest in India: BoA ML
A 10-day investor road show in the US concluded that reforms have revived interest in India
Retail investors check in as reforms go wholesale
The benchmark Sensex closed at 18,752, a level it had not seen in 14 months
FIIs net buy $1.1 bn worth of stocks today
However, according to brokers such high net buying figure could be due to block deal in Cairn India shares
It's no longer a stock picker's market: Morgan Stanley
The inference is based on an analysis of correlation between broader market returns versus Sensex returns
Worst may be over for broking firms
These firms have been particularly hit due to change in market mix from high-yielding cash segment to low-yielding options segment
'Vote against reappointment of auditors at Unitech, JP Associates'
Advisory firms have been advising investors to take a stand against the reappointments
IPOs a costly affair for small companies
About 10% of funds raised are spent on these expenses, as the risks involved are more than those for larger firms
Unitech, JP Associates looking at changing auditors
One firm believes the long tenure of the auditor at Unitech is a big concern and is advising its client to vote against it