hedge fund

Modi govt all talk no action: Top US investor Jim Rogers

He told that he had waited for nearly a year-and-a-half since the Modi government came to power last May for reforms.

Sep 03, 2015, 09:32 AM IST

Citigroup pays $180 mn to settle hedge fund fraud case

US securities regulators ordered two Citigroup affiliates Monday to pay $180 million to settle charges that they defrauded investors by falsely claiming a pair of hedge funds were low-risk.

Aug 17, 2015, 21:44 PM IST

Factorial allowed to access Indian markets again

Hong Kong-based hedge fund Factorial was on Friday allowed to access the Indian capital markets, more than year after it was banned by the regulator Sebi in an alleged insider trading case.

Jul 10, 2015, 22:55 PM IST

Hedge fund Citadel hires Bernanke as consultant

Former US Federal Reserve chairman Ben Bernanke has been hired as a consultant by the Citadel hedge fund, the company announced Thursday.

Apr 16, 2015, 22:32 PM IST

Rajaratnam, Gupta seek to void US insider trading penalties

The men are the highest-profile defendants convicted in a US insider trading crackdown, focused mainly on hedge funds, unveiled in 2009.

Mar 10, 2015, 10:27 AM IST

Hedge fund founder shot dead in New York: Police

A hedge fund founder was found fatally shot in his plush Manhattan apartment on Sunday, police said, with US media reporting his son pulled the trigger after a row.

Jan 05, 2015, 11:03 AM IST

Sahara eyes hedge fund support to secure Subrata Roy's release: Report

Sahara group is believed to be working on an over USD 1 billion debt refinancing deal with two American hedge funds for raising funds to secure release of its jailed chief Subrata Roy, a media report said Sunday.

Oct 12, 2014, 19:39 PM IST

US judge orders new talks on Argentina debt dispute

The US judge presiding over Argentina's bitter dispute with hedge-fund creditors ordered the two sides to hold new negotiations and called for an end to "mistrust" at a hearing.

Aug 02, 2014, 03:09 AM IST

Gupta approaches apex court in last-ditch effort to avoid jail

Gupta, 65, convicted in 2012 of passing confidential board room information to his friend and business associate Raj Rajaratnam, is scheduled to begin his two-year prison term on June 17.

Jun 11, 2014, 11:37 AM IST

SEBI bars hedge fund in L&T Finance insider trading case

Unearthing a major insider trading case in shares of L&T Finance, SEBI Thursday barred a Cayman Islands-based hedge fund from Indian securities markets, while the role of other entities including some employees of investment banking major Credit Suisse are also under scanner.

Jun 05, 2014, 21:21 PM IST

India hedge fund backed by ex-Goldman exec hits $500 million in assets

Steadview, an India-focused hedge fund seeded by former Goldman Sachs (Asia) chairman Mark Schwartz, has made 12 times the returns of peers with bets on consumer and tech stocks, helping the fund grow its assets to USD 500 million in nearly five years.

May 14, 2014, 12:00 PM IST

Rajat Gupta seeks re-hearing of insider trading conviction

In a unanimous ruling last month, the panel of the appeals court had rejected Gupta's bid for a new trial and upheld his 2012 conviction and sentence.

Apr 09, 2014, 14:17 PM IST

Rajat Gupta asks court to rethink $13.9 mn penalty

India-born former Goldman Sachs director Rajat Gupta has asked a US court to reconsider its order asking him to pay USD 13.9 million in civil penalties in the insider trading case, arguing it was unnecessary given the heavy criminal punishment imposed on him.

Apr 08, 2014, 19:38 PM IST

Chicago billionaire donates $150 mn to Harvard

Billionaire hedge fund manager Kenneth Griffin has donated his alma mater Harvard USD 150 million, the largest in the history of the prestigious college, to support its financial aid programme.

Feb 20, 2014, 14:54 PM IST

PIO hedge fund manager convicted of insider trading

An Indian-origin hedge fund portfolio manager has been found guilty by a federal jury here on charges that he participated in one of the "most lucrative" insider trading schemes totalling USD 276 million involving information about clinical trials for an Alzheimer's drug.

Feb 07, 2014, 06:34 AM IST

Investor presses for overhaul of Dow Chemical

Activist hedge fund Third Point today said it built an unspecified stake in Dow Chemical and pressed to overhaul a company that it argued has "woefully underperformed" peers.

Jan 22, 2014, 07:43 AM IST

Hedge fund SAC fined record $1.8 bn for insider trading

Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay USD 1.8 billion to settle them, the US Attorney`s office announced Monday.

Nov 04, 2013, 23:42 PM IST

Corporates should have consistent policy on hedging: Experts

Corporates should have a consistent policy on hedging to protect their balance sheets from adverse forex impact, according to experts.

Jul 22, 2013, 22:39 PM IST

Yahoo buys back shares from hedge fund

Yahoo! said today it agreed to buy back 40 million shares from a hedge fund which sought a shakeup of the Internet giant last year.

Jul 22, 2013, 20:22 PM IST

Yahoo! buys back shares from hedge fund

Yahoo! said Monday it agreed to buy back 40 million shares from a hedge fund which sought a shakeup of the Internet giant last year.

Jul 22, 2013, 20:14 PM IST