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Yahoo! buys back shares from hedge fund

Last Updated: Monday, July 22, 2013, 20:14

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.

Wall St hedge fund manager tries to force Apple to give more of its $137bn cash pile

Last Updated: Friday, February 8, 2013, 13:26

A Wall Street hedge fund manager is suing Apple in a bid to force the teach giant to give more of its 137.1 billion dollars cash pile to investors, a report had said.

Indian-origin hedge fund manager pleads not guilty

Last Updated: Friday, January 4, 2013, 10:12

An Indian-origin hedge fund portfolio manager has pleaded not guilty to 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.

Indian-origin hedge fund manager indicted in insider trading

Last Updated: Wednesday, December 26, 2012, 15:07

Indian-origin hedge fund portfolio manager Mathew Martoma has been indicted in one of the "most lucrative" insider trading schemes ever involving USD 276 million and will be arraigned in a court here next month.

Indian-origin hedge fund manager freed on $5 million bond

Last Updated: Tuesday, November 27, 2012, 09:08

Martoma, who was arrested last week at his home in Boca Raton, Florida, did not enter any plea and the judge set a next court hearing of December 26.

Rajat Gupta: From lofty board room to lowly jail cell

Last Updated: Friday, June 15, 2012, 22:33

Gupta was also appointed as special advisor on management reform to then UN Secretary-General Kofi Annan.

TCI to sue Coal India within a week

Last Updated: Sunday, April 15, 2012, 15:49

UK-based hedge fund TCI has said it would initiate a legal action against state-run Coal India (CIL) within a week for failing to protect the interest of minority shareholders.

Loeb`s hedge fund launches site in war with Yahoo

Last Updated: Tuesday, April 3, 2012, 10:39

The site, along with an associated Facebook page, is a new tactic taken by the hedge fund manager famous for sending vituperative letters to corporate managers over the years.

UK hedge fund serves notice to govt on Coal India

Last Updated: Wednesday, March 28, 2012, 22:41

TCI's investments in Coal India are through TCI Cyprus Holding Ltd and Talos Capital Ltd, which is registered in Ireland.

Third Point plans direct shareholders' support for Yahoo board

Last Updated: Friday, March 16, 2012, 00:16

Hedge fund Third Point LLC, a major institutional investor in Yahoo, plans to directly seek shareholders' support to nominate its candidates on the board of the Internet major.

Rajaratnam seeks delay in reporting to prison

Last Updated: Wednesday, November 30, 2011, 23:47

Lawyers for multimillionaire hedge fund founder Raj Rajaratnam on Wednesday sought a delay of his prison sentence just five days before he was due to start serving 11 years for insider trading.

Judge fines Rajaratnam $92 million

Last Updated: Wednesday, November 9, 2011, 08:51

A judge cited the "huge and brazen" nature of the crime as he imposed a record USD 92 million civil penalty on a billionaire hedge fund boss snared in the biggest insider trading case ever.