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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a dynamic team of reporters, turning 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 dynamic team of reporters, turning 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.
Foreign investors may switch to custodians backed by American banks for India exposure
Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
Move on account of lack of cooperation arrangements between the EU regulator and Indian authorities
Country attractive for global investment because of 'visibility for high growth', says head of Institutional Equities, Investec India.
Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank
This week, four companies are looking to raise more than Rs 4,100 crore via IPOs
Rising Sebi scrutiny, poor investor response during roadshows seen as reasons for withdrawal by companies
The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts
Sebi raises concern over low public float in the lender
If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter
IndiaFirst Life insurance entered the insurance industry in 2009 as the 23rd private sector life insurance company
This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April
The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal
Currently, retail open interest in index futures is about 153,000 contracts. In stock futures, however, about 1.11 million contracts - near historic peak levels
BSE has proposed that a stock must have a derivative contract to be eligible for inclusion in the flagship 30-share Sensex index
Poor Nifty debut week for Adani Ent Shares of Adani Enterprises are down nearly 6 per cent since September 30, the day it got added to the Nifty50 index
The US is still the biggest contributor to global m-cap at 44 per cent, followed by China at 10.2 per cent
Orders it to wind down operations in six months