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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.
The issue, if successful, will be the first IPO of 2014
Regulator likely to probe possible violation of insider-trading norms
Despite incentives to bring new investors into the stock market, RGESS finds very few takers in second year as well
In July 2013, Sebi, in consultation with RBI, increased initial margins and extreme loss margins by 100% for USD-INR contracts in currency derivatives segment
Value of units up 13% from allotment price; trading on 10-stock index starts this Friday
Could address the concerns over Companies Act provision on the issue
Experts say revival could be some time away
RIL's GDR on the London Stock Exchange rose 0.75% to $29.61, after coming off a high of $29.84
Rs 5,500-cr Axis Bank stake sale, Rs 3,000-cr CPSE exchange-traded fund sail through
Regulator says impact on investors will be 'minimal'
First IPO of the calendar year is struggling to garner full subscription
Technically, this is the first time the government is divesting through the MF route
Bulk of Rs 800-odd crore raised by the CPSE ETF has come from six insurance companies
Decision likely at March 20 board meeting; fee hike also in the offing
Final divestment for FY14; govt hopes this route would keep the usual short-sellers at bay
Says today's board meeting was planned in advance, not an emergency
Expected to fetch the govt Rs 3,000 cr
The Maruti and Suzuki arrangement for the Gujarat plant brought the Section into limelight
To approach Company Law Board as well if LIC lends support
Second letter seeks to know whether Suzuki forced decision, questions high royalty payments