- Hirco to write off 350 million pound Panvel, Chennai township investment
At the time of listing in 2006, Hirco, the investment vehicle for Hiranandani’s two township projects had raised 350 million pounds.
Hiranandani emerges as highest bidder for Hirco Plc’s township in ChennaiHiranandani Group has emerged as the highest bidder for Hirco Plc’s township in Chennai which was auctioned by the lender Housing Developme...
Investors of Hirco Plc raise questions against erstwhile bossesAs part of the agreement, Hirco Plc’s investors that are holding preference shares were expected to receive 12% annual interest on their in...
Tata Capital drags Hiranandani arm to court over Rs 76-cr loan defaultTata Capital has filed a winding-up petition in the HC against one of the biggest names in the real estate industry, Hiranandani Palace Gar...
- Realty firm Hiranandani offers to buy out UK arm Hirco
Realty firm Hiranandani has offered to buy out its London AIM-listed investment arm Hirco Plc.
Niranjan Hiranandani denies splitting existing realty businessA feud may be brewing between the son and daughter of Niranjan Hiranandani is raising doubts if the business is headed for a split.
- Punj Lloyd bags civil construction project in Hirco SEZ
Punj Lloyd on Tuesday said it has bagged a contract for construction of two commercial buildings in a township being developed by the Hirco...
- Tata Teleservices (Maharashtra) inks MoU with Hirco
Tata Teleservices (Maharashtra) Limited has entered into a Memorandum of Understanding (MoU) with Hirco Developments, a part of the Hirco g...
- Hirco-hedge fund tussle intensifies
The tussle between realty group Hiranandani-controlled Hirco and hedge fund Laxey Partners, an investor in the firm, took a new turn on Fri...
- Hiranandanis drop Hirco merger plans
Mumbai-based realtors, Hiranandani group, has dropped the proposal to merge its real estate projects and Hirco Developments, a development ...
- Hirco scraps deal with Maytas Infrastructure
Hiranandani group firm Hirco said it has scrapped the sub-contract given to Maytas Infrastructure for its Chennai township project in order...
- US hedge fund opposes Hirco promoters’ merger move
QVT Financial, a US-based hedge fund which controls a minority stake in Hirco — a real estate fund floated by the Hiranandani group on the ...
- US-based hedge fund QVT Financial opposes Hirco's restructuring
Hirco has called an extra-ordinary general meeting on January 16 in Mumbai to seek the shareholders nod for the proposed merger.
- Hiranandanis may now walk into a corporate governance controversy
Hirco, the AIM-listed real estate fund of the Hiranandani group, finds itself in the midst of a corporate governance controversy.
- Hiranandani group to restructure Hirco
Leading shareholders of Hirco, the AIM-listed real estate fund of the Hiranandani group, are likely to support the group's move to restruct...
- India's sagging real estate shakes up London AIM
India’s sagging real estate story has conveyed negative signals to the Alternative Investment Market(AIM) in London where at least five Ind...
- Hiranandani bags second residential project in Dubai
Hiranandani's first project, 23 Marina, in Dubai is considered to be the world's tallest residential structure.