Elliott Management

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Global Markets & Equities 09 Oct 2026, 07:56 AM IST

PepsiCo Rallies After Profit Cut as Investors Focus on Turnaround, Not the Trim

PepsiCo shares rose even after the company lowered its profit outlook, a reaction that underscores how much of the market is now focused on execution rather than the latest guidance reset. The move also revived debate over whether the stock’s recent weakness has already priced in the risks from softer demand, margin pressure, and the growing challenge posed by GLP-1 weight-loss drugs to snack and beverage consumption.

By RDU Global Wire5 min read

Macro Economy & Fiscal Policy04 Oct 2026, 11:29 PM IST

Nike’s Turnaround Under Elliott Hill Faces Fresh Investor Skepticism

Nike’s recovery effort under Chief Executive Elliott Hill is under mounting pressure as the sportswear giant continues to report weakening sales, deeper operational cuts and a dimmer outlook for the next fiscal year. The company’s struggles in China and its uneven progress in rebuilding retailer relationships are testing investor confidence in Hill’s turnaround strategy.

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Banking, Fintech & Insurance08 Oct 2026, 03:18 PM IST

RBI’s Net Short Forward Position Swells to $200 Billion as Dollar Management Pressures Mount

The Reserve Bank of India’s net short forward position rose sharply to $200 billion in August from $136 billion in July, underscoring the scale of the central bank’s ongoing intervention in currency markets. The increase, alongside a rise in long dollar positions, suggests the RBI is still actively managing rupee volatility but may be finding it harder to unwind accumulated exposures efficiently.

5 min readRead →

Startups & Venture Capital08 Oct 2026, 02:56 PM IST

Zomint Raises ₹36 Crore Seed Round to Expand Wealth Management Platform

Wealthtech startup Zomint has raised ₹36 crore in a seed funding round led by Lightspeed and Prime Venture Partners, marking a significant early bet on India’s digital wealth management market. The company plans to use the capital to deepen product capabilities, expand its platform, and strengthen its position in a segment that is drawing increasing investor attention as affluent Indian consumers seek more accessible financial advisory tools.

5 min readRead →

Startups & Venture Capital07 Oct 2026, 06:54 PM IST

Zomint Raises ₹36 Crore Seed Round to Expand Wealth Management Platform

Wealthtech startup Zomint has raised ₹36 crore in a seed funding round led by Lightspeed and Prime Venture Partners, marking an early vote of confidence in its bid to modernise wealth management for India’s mass affluent investors. The capital will be used to scale product development, strengthen distribution, and deepen the company’s technology stack as competition intensifies across India’s fast-growing financial services startup market.

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National Governance & Policy07 Oct 2026, 11:35 AM IST

CSM Technologies Deploys Royalty Management System for Kenya’s Mineral Sector

Bhubaneswar-based CSM Technologies has deployed a royalty management system for Kenya’s mineral sector, marking a technology-led push to improve transparency, compliance and revenue administration in a resource-rich economy. The company said the platform is designed to strengthen oversight of natural wealth, which it described as an asset with long-term public value for future generations.

6 min readRead →

Banking, Fintech & Insurance07 Oct 2026, 05:06 AM IST

RBI’s Net Short Forward Position Swells to $200 Billion as Dollar Management Pressures Mount

The Reserve Bank of India’s net short forward position rose sharply to $200 billion in August from $136 billion in July, underscoring a significant build-up in its dollar liabilities. The increase, alongside additional long dollar positions, points to active market intervention and a more complex balance-sheet posture as the central bank works to manage currency volatility.

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Global Markets & Equities05 Oct 2026, 07:39 AM IST

Four Chefs Agree on the Same Secret to Juicier Meatballs: Moisture Management

A new Allrecipes feature on how to make juicier meatballs has drawn attention for a simple reason: four professional chefs, asked independently, converged on the same core advice. Their consensus underscores a broader culinary principle that also resonates in consumer food trends—texture, moisture retention, and ingredient balance matter more than novelty. For home cooks, the lesson is less about a single recipe and more about disciplined technique.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Elliott Management:

Washington, D.C.(1)PepsiCo(1)Jim Cramer(1)CNBC(1)