Tag: Shareholders

US-based hedge fund QVT Financial opposes Hirco’s restructuring

US-based hedge fund QVT Financial LP has strongly opposed Hirco Plc’s proposal to merge two Indian subsidiaries of the Hiranandani group with itself. QVT holds a minority stake in Hirco, a real estate fund floated by the Mumbai-based developer Hiranandani group in the Alternative Investment Market (AIM) of London. Hirco has called an extra-ordinary general […]

Golden Peacock Award To DLF

The largest Indian real estate developer DLF Ltd has received ‘Golden Peacock Award’ for its excellence in corporate governance. The Golden Peacock Global Award for Corporate Governance was instituted by the World Council for Corporate Governance in January 2001 to promote competitiveness among businesses to get better quality of corporate governance. A DLF spokesperson said, […]