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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 degrows 5%, full year performance on target

Full year estimates stand good because the company aims to grow by around 5 percent on the back of Q3 and Q4. In the first quarter, Gammon India has degrown by around 5 percent

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.

Gammon India eyes 5% EBITDA margin for Q4

In an interview to CNBC-TV18, Girish Bhat, CFO of the company says that investment in realty sector and power business internationally led to the increased debt of the company.

Gammon India looking to liquidate real estate assets: CFO

Gammon India is looking to cut debt by around 22 percent Rs 2,500 crore by next year. The construction major which has lined up civil works, roads, bridges and thermal power projects across states has been facing liquidity issues since past two financial quarters.

Current order book is at Rs 15000cr: Gammon India

In an interview to CNBC-TV18, Girish Bhat, chief financial officer of Gammon India says, the company‘s order book has been quite strong. â€œIt is around Rs 15,000 crore,â€ he adds.

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.