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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.
Index provider questions 'characteristics' of investors; validation, says Hindenburg chief
Bad loans were increasing due to continued deleveraging by the Indian corporate sector
Shares held by non-promoters are called public float or public shareholding
Red-hot Taiwanese market, Adani rout erode India's weighting
As per data provided by Prime Database, these 29 companies were targeting to raise a cumulative of Rs 11,000 crore
Nifty falls over 2% from day's high to end in the red...
Even though AEL's share price continued to languish below its issue price, FPO managed to garner 1.12 times subscription, attracting bids worth over Rs 16,000 cr
The close to $70 billion rout in Adani Group stocks has seen the domestic market slip to sixth position in the world
IHC money to come in on final day; Maybank Securities has subscribed for shares worth Rs 2,040 crore as anchor, LIC has submitted bids worth Rs 300 crore
The fall in Adani group stocks has continued since the release of the Hindenburg report
The FPO managed to garner bids worth Rs 150 crore on its first day amid an 18 per cent crash in AEL's stock
Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices
Friday will be a landmark day for the domestic markets with all listed stock entering the so-called T+1 settlement cycle
Maybank, ELM Park large buyers in anchor category of FPO; MFs abstain
Seven listed entities suffer a cumulative Rs 85,761 crore erosion in market value
Apart from HDFC Bank, no other Indian firm has raised capital via these routes since 2017
Legal experts cite 'inconsistencies' in Tribunal's order
"We expect a lot to go in the right direction for India. These include bad loans declining, consumption recovering, and investments rising"
Bankers see excess demand in Rs 6,000-cr anchor book
Pricing at a discount but shorting the stock ahead of the FPO won't be as straightforward