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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.
The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
This is to avoid conflict of interest of competing firms
Analysts say American sanctions on Chinese companies will prompt global investors to look at India more favourably
Newly listed start-up Zomato is seen entering the index before the end of 2022
On the first day, Zomato has broken into the club of top-50 listed companies in terms of market capitalisation in India
Stock now most expensive consumer and food company in India
Views follow a stellar response to India's first unicorn IPO by food delivery company Zomato, which was subscribed nearly 40 times
Zomato's listing was initially scheduled for July 27. However, investment banks managed to complete share allotment and listing formalities ahead of deadline
Overall, about half a million rejected on technical grounds
Ten individuals pay a total of Rs 37 cr towards settling the case
Stock will need to move to about Rs 328 a share (4.3x over possible IPO price of Rs 76) for it to be part of Nifty index
Several resolutions on stock option grant see overwhelming 'against' votes by institutional investors
Shares of thermal power producers are likely to benefit from the rise in power demand, say analysts
The penetration has improved substantially with total demat accounts tally jumping 44 per cent from 43 million a year ago
The case dates back to January 2018, when Biocon had announced an exclusive global collaboration with Sandoz on next-generation biosimilars
Bourses to tag firms, ask brokers to alert clients who place orders in such stocks; RPs asked to make disclosures after NCLT oral order, inform existing shareholders about impact on their holdings
The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments
Meanwhile, the average daily trading turnover (ADTV) in the option segment rose six per cent month-on-month
IPO price band likely to be Rs 70-72 per share
IPOs by Indian companies totalled $3.9 billion in the first half of 2021, more than thrice the amount raised from the same period last year