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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.
ICICI Securities says impact of GDP weakness felt more by unorganised sector
Experts say Sebi's move to extend the deadline is a welcome step
The regulator said the new regulation will ensure ease of reference and language and also remove redundancies
The index had previously closed above the psychologically-important level on March 12
According to data compiled by Prime Database, a firm tracking IPOs, 12 companies looking to raise a cumulative Rs 22,230 crore ($3 billion) have filed their offer documents so far this month
The rationale behind replacing the concept of "promoter" with "person in control" is to absolve entities, which, in reality, don't have any control over a company
Three Adani group among six stocks added to the Global Standard Index
On YTD basis, BSE benchmark is up 1.97%, while Nifty has gained 5.11%
Last week, Bloomberg reported that Mitsui was teaming up with private equity players to make an $11-billion bid for IHH
Commodity and Adani companies dominate entries so far this year
Recommends creation of capacity building fund of Rs 100 cr
Meanwhile, hospitals, cements and metal companies have seen further upgrades in their FY22 earnings estimate
Analysts advice investors to make switch to fully-paid shares
Several MF houses bought shares of peer UTI Asset Management Company during the March quarter
Returns for the month slipped into marginal negative territory because of the 2 per cent fall on Friday
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
According to the DRHP filed by Zomato as part of its initial public offering plan, Info Edge currently owns 1.244 billion shares at an average cost of Rs 1.16 each
The largest-ever fresh fundraising through an IPO was by Reliance Power at Rs 10,123 crore in 2008
The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18
Faster-than-expected recovery in the US economy and the resultant tapering of stimulus by the US Federal Reserve could potentially affect risk sentiment and impact flows to emerging markets like India