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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.
ABB Power Products and Systems India is in the news due to a controversy over its open offer price. Here is an explainer on this issue:
Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week
The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion
Hits an intra-day high of Rs 307 and a low of Rs 300 on NSE, before closing at Rs 303 a unit
The company said the matter pertains to the issue of debentures with convertible warrants two decades ago
Arrangements between brokers and banks have come under Sebi, RBI lens over potential risks
INEOS is the latest to see stock tank after failed move
The brokerage said the decline is on account of rejig in the BSE 500 index and also due to the complete release of pledged shares in case of some companies
Global markets have bounced back sharply from their 2020 lows. And they may not be done yet if the 'equity risk-love' indicator is to go by
It downgrades stock from 'buy' to 'hold'; CLSA, too, lowers rating
So far, this financial year (from April 1 to date), silver has gained 63 per cent
Over 12.5 billion new shares issued in the FPO commenced trading on Monday
High-risk investors have shifted to the partly paid (PP) counter of Reliance Industries (RIL) to generate more bang for the buck
Presentations made on video conference to government; IPO pegged at Rs 1 trillion by some
In the past six trading sessions, shares of RIL have soared more than 16 per cent
Companies with issues in the pipeline reveal demand changes, economic uncertainty
Economists project developed world central banks to keep liquidity tap open well into 2021
Ball is in govt's court, says Sebi chairman on using demat accounts for investing in G-secs
The regulator has asked brokers to collect upfront so-called value at risk (VaR) margin and extreme loss margin (ELM) even for trading in the equity cash segment.
Regulatory tweaks aid momentum, with half a dozen firms launching or are in the process of issuing fresh equity shares through this route over the past month