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ELLIOT INVESTMENT
Quote of the day by Jim Elliot: "Wherever you are, be all there."Jim Elliot, a courageous American missionary, inspired the world with his faith, dedication, and writings. His quote, “Wherever you are, be...- US: Southwest Airlines, in a major policy shift, ends free check-in of bagsSouthwest Airlines will implement baggage charges for the very first time, thus ending a long-standing policy that distinguished it from it...
- THIS Cryptocurrency ETF could soar up to 5,400%, claim some Wall Street analysts. Here's what you should knowAccording to experts at Wall Street, cash-rich billionaires are on a buying spree of a certain Cryptocurrency ETF, that may soar to unimagi...
- Loyola Chennai alumni Karthik Rao appointed Nielsen CEODavid Kenny, who was the CEO since 2018, would become the executive chairman. Nielsen gathers viewership data across television, radio and ...
- PayPal reveals $2 billion stake held by Elliott, announces new CFOPayPal shares shot up nearly 12% after it also announced a slew of moves including appointing Blake Jorgensen as new chief financial office...
- Activist investor Elliott building stake in PayPalAccording to the report, Elliott may eventually become one of PayPal's five largest shareholders.
- Jack Dorsey is here to stay: Twitter board backs CEO after ouster bidTwitter had been facing pressure by Elliott Management to replace Dorsey.
- Pension funds sink billions into a new world of risk“Because of low interest rates, we have to cast our nets far and wide to search for returns.”
- Investors should not panic in this volatilityThe India VIX closed at its two-month high prior to the exit polls and the final outcome of the general elections.
- Activist fund Elliott exits Cognizant with big gainsElliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing an...
- Sensex at 100,000! Don't make investment decisions based on fancy targets, say, technical expertsSensex has pulled back about 25% to the Feb 2016 lows and has now rallied about 10%. Is the correction over? Let us analyse from an Elliot ...
- Chinese food delivery startup Noodle Play plans to raise Rs 15 crore for expansionNoodle Play follows the footsteps of ecommerce giants such as Flipkart and Snapdeal wherein the startup is spreading its brand online.
- US trade panel launches probe against India's trade policiesUS Federal agency USITC today started a fact finding probe into impact of Indian trade and investment policies on the American economy.
- US lawmakers, businesses demand Indian trade reformsNext week, US Secretary of State John Kerry travels to India for the fourth annual US-India Strategic Dialogue.
- American business groups claim India hurting US jobs, economyA group of major American business organisations launched a new alliance against what they allege as India's "discriminatory" economic poli...
- 'Glivec patent denial to hit investment in medical advancement'SC's decision to deny patent to Novartis will negatively impact the investment in medical, tech advancements, the US Chamber of Commerce sa...
- US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delistingElliott Management Corp has picked up a 9.4% stake in Patni Computer Systems, possibly scuppering iGate Corporation's efforts to delist the...
- Asia top infrastructure investment destination over next 12 months, says a surveyAbout half of investment consultants worldwide believe that Asia will offer attractive opportunities in the infrastructure space over the n...
- Infra funds raise $2.8 bn globally in June quarter: PreqinThe largest fund currently in the market is Global Infrastructure Partners II, which is targeting between USD 5 and USD 6 billion.
- Starwood Hotels and Resorts plans 15 new properties in IndiaStarwood Hotels and Resorts Group plans to set up 15 new properties in India in the next 3-4 years, a top company official said.
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