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.
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic 2W registrations in FY24 to 41-56 per cent of domestic 2W sales volume by FY28
He believes this IPO is a key step in the company's long-term plan
For instance, only 15 per cent of US households' assets are in banks, compared to 46 per cent in South Korea
Shares of Akums Drugs and Pharmaceuticals commanded a grey market premium of 25 per cent ahead of its initial public offering (IPO)
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
In FY19, it was less than 10 per cent of the cash segment
Mallya, through an FII entity named Matterhorn Ventures, has indirectly trades in scrips of his group entities in India, thus concealing the true identity of his investments in securities market
Total fatalities decreased to 463 in FY23 from 587 in FY22 but still account for more than one death per day
It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains
Tata Motors is currently the second-most valuable company in the salt-to-software Tata Group after Tata Consultancy Services
From October 1, the gross proceeds received on buyback of shares will be taxed in the hands of the shareholder as 'deemed dividend'
Sebi study underscores the risks associated with intraday trading
Finance Minister proposes to tax income received on buybacks of shares in the hands of recipient
Short-term capital gains tax raised to 20%, long term to 12.5%
Economic Survey says mkt claim on real economy 'excessively high', may lead to instability
Debt issuances dominated fundraising in the last fiscal year, constituting 78.8 per cent of the total funds raised
After record share purchases in recent months, mutual funds (MFs) have eased off the buying pedal
Partners Group, Kedaara Capital-backed retailer becomes the fourth company to take this route
Sebi move aimed at filling product gap, curbing inflow into unauthorised investment schemes
Nifty races ahead with a 5.7% average gain post-Budget, outpacing pre-Budget dips