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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.
In the past few days, market participants have complained that there has been a delay of several hours in the release of data
In the IPO, promoters Shapoorji Pallonji Company and Khurshed Yazdi Daruval had put on the block shares worth Rs 2,083 crore and Rs 1,042 crore, respectively
Among the details firms have to furnish are end-use of money and security cover provided
The 9.8-million share offering received bids for only 10.3 million - 84 per cent of which came from qualified institutional buyers
Bloomberg data shows Nifty is the sixth-largest contributor of derivatives revenue for SGX
The recommendations made by the six-member panel headed by Sandeep Parekh, founder of Finsec Law, aim to manage conflict of interest and ensuring independence
The higher float may end up benefitting minority shareholders. However, the move may not prove to be very tax-accretive for the government, at least at current stock prices
Most shares have declined in July amid sharp sell-off by foreign portfolio investors (FPIs) hurt by the increase in tax surcharge
Analysts say there is a possibility of further downgrades
Despite the large FPI pullout last week, the rupee has remained stable
Others likely to follow KPR Mill in withdrawing share repurchase
The proposed exchanges will be regulated by Sebi and will allow the listing of social enterprises
High promoter holding remains the biggest hurdle for raising India's weight among key global indices
This time, however, investors can expect a relative calm if the volatility gauge is anything to go by
Regulator to hear all parties involved in plea by IL&FS Securities seeking annulment of trades
At the end of March quarter, outstanding promoters pledged shares stood at Rs 1.95 trillion.
SBI MF has clarified that it doesn't hold any debentures issued by Emami promoter group entities
Market regulator says move aimed at restoring investor confidence
Investors are happy to accept a lower cost of capital for companies, which have the right governance structures, good management, and excellent track record, says Raj Balakrishnan
A comparison of the price-to-earnings (P/E) or price-to-book (P/B) multiples of all the Nifty stocks throws up the list of stocks that are being favoured and neglected