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

Last Updated: Thursday, September 3, 2015, 09:32

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

Citigroup pays $180 mn to settle hedge fund fraud case

Last Updated: Monday, August 17, 2015, 21:44

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.

Shareholders back Samsung's key $8 billion merger plan in close vote

Last Updated: Friday, July 17, 2015, 10:25

Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.

South Korea pension fund to vote for Samsung merger: Report

Last Updated: Saturday, July 11, 2015, 11:26

South Korea`s NPS has decided to vote its shares in favour of an $8 billion all-stock takeover offer from sister firm Cheil Industries Inc.

Factorial allowed to access Indian markets again

Last Updated: Friday, July 10, 2015, 22:55

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.

South Korea court ruling keeps $8 bn Samsung merger bid on track

Last Updated: Wednesday, July 1, 2015, 12:50

A court on Wednesday rejected a U.S. hedge fund`s bid to block a shareholder vote on the planned $8 billion merger of two Samsung Group companies seen as a key step in the leadership succession at South Korea`s biggest family-run conglomerate.

Samsung's Cheil, pitching $8 bn merger, pledges higher returns

Last Updated: Tuesday, June 30, 2015, 13:04

Locked in a battle with an activist US hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.

Samsung's Cheil, pitching $8 billion merger, pledges higher returns

Last Updated: Tuesday, June 30, 2015, 10:29

Locked in a battle with an activist U.S. hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed USD 8 billion merger with a sister firm by pledging measures to bolster post-deal shareholder returns.

US fund accuses Samsung of foul play over stock sale

Last Updated: Friday, June 19, 2015, 17:32

US hedge fund Elliott urged a South Korean court today to approve an injunction against the proposed merger of two Samsung units, insisting it is aimed at facilitating a generational power transfer rather than acting in the interest of shareholders.

In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist

Last Updated: Monday, June 15, 2015, 09:39

In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an USD 8 billion merger seen vital to the transfer of leadership at South Korea`s top conglomerate.

US fund seeks court action to stop Samsung stock sale

Last Updated: Thursday, June 11, 2015, 09:11

US hedge fund Elliott said Thursday it would file a lawsuit against a proposed stock sale aimed to facilitate the merger of two Samsung Group affiliates.