Moneycontrol PRO
HomeNewsGammonindia
Jump to
  • New highway order to add 10-15% to margins: Gammon India

    The total orderbook of Gammon India now stands at Rs 18,000 crore including back log of Rs 12,000 crore, says Senior Vice President, KL Srinivasan.

  • Expect no negative asset quality surprises in Q3: Andhra Bk

    In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

  • No communication from govt on stake sale to IFC: IDBI Bank

    The government currently holds a 76.5 percent stake in the bank.

  • Annual interest outgo seen Rs 540 cr post CDR: Gammon India

    The reinstallments of the debt payment will start from April 15, 2015, and the interest rate for all funds has been reduced to an extent of almost 1 percentage point. The overall CDR package will be spread over 10 years.

  • Gammon India expects CDR nod soon; interest burden to ease

    Girish Bhat, CFO, Gammon India expects the company's corporate debt restructuring (CDR) to be approved shortly, which includes a two-year moratorium plus eight years of repayment schedule.

  • Gammon Infra gets financial closure for five road projects

    Gammon Infrastructure Projects has received financial closures for five road projects spread across different states. The company received a total grant of over Rs 1,000 crore for these projects.

  • NTPC to award Rs 160 bn project post Ansaldo bid overrule

    The Supreme Court today ruled in favour of NTPC with regard to the bid by Ansaldo Caldaie Boilers, a joint venture of the Italian company and Gammon India, after a two-year tender dispute with the state-run power producer.

  • Gammon Infra to be zero debt company post rights issue

    In May this year, Gammon Infrastructure had announced plans to raise close to Rs 200 crore from a rights issue. Chief financial officer of the company, Parag Parikh tells CNBC-TV18 that they plan to completely retire the debt of the company through this issue.

  • Should be given chance to compete in NTPC deal: Gammon

    In an interview with CNBC-TV18, Rohit Modi, deputy MD of Gammon India said there should be fair competition in the NTPC deal and the company should be given a chance to participate in it.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347