QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.
Indian companies are less interested in listing on London's AIM due to the global IPO slowdown and poor performance of some real estate companies, though experts predict improvement with market revival.
Indiabulls Real Estate gets High Court approval to acquire 100% of Dev Development Property for $270 million.