Gammon India seeks shareholders’ nod to sell 26% stake in Gammon Infra ProjectsGammon India said that the shares, which are currently held by its other subsidiary Gammon Power, will be sold at market price in one or mo...
Gammon India to invest up to Rs 675 crore in Gammon Power LtdConstruction and engineering major Gammon India today said it will make a further investment of up to Rs 675 crore in its subsidiary Gammon...
Gammon India to separate its civil EPC businessesThe move will help Gammon India run the businesses independently of each other, bring in strategic investors and de-leverage its balance sh...
Gammon India in talks with Hinduja Group to sell EPC divisionGammon India entered the CDR package by lenders in September 2013 and has made several efforts to sell assets to pare down its massive debt...
SEL moves Company Law Board against JV partner Gammon IndiaSEL said it has moved Company Law Board against Gammon India with regard to alleged acts of oppression and mismanagement in affairs of Mumb...
Row over metro contract: Supreme Court asks to decide on Gammon's pleaThe high court, which issued notices on Gammon's plea, had however refused to stay the operation of contract awarded to M/s GYT-TPL Joint V...
Gammon Infrastructure Projects rallies 10% on sale reportsAt 09:40 a.m.; Gammon Infrastructure Projects was trading 6.5 per cent higher at Rs 20.05. It hit a low of Rs 19.55 and a high of Rs 20.74 ...
Gammon India looks to offload its 58.67 per cent in infrastructure armGammon India's Chairman and Managing Director and founder of GIPL Abhijit Rajan said, "We are looking at various options for disinvestment ...
- Buy Gammon India with a target of Rs 46: Ashwani Gujral
"Gammon India is a 'Buy' call with a target of Rs 46 and a stop loss of Rs 32."
Gammon India CDR almost approved; stock rallies nearly 10%Gammon India pared some of its morning gains and was trading 6.% higher at Rs 19.85. The stock rallied to about 9.7% in opening trade.
Gammon Infra in talks with global companies to partner in Indira Container Terminal at Mumbai PortOfficials of Gammon Infrastructure also confirmed that the company is close to acquiring 24% stake that Dragados held in the joint venture.
- Gammon in talks with lenders for Rs 3,500 cr debt recast
Loss-making construction firm Gammon India is in talks with its lenders to recast its debt aggregating to Rs 3,500 cr through the CDR route.
Gammon may sell 24% stake in infrastructure armProject slowdown in the domestic market has hurt Gammon's revenue and its European subsidiaries are making losses even as costs continue to...
- Gammon Infra completes Kosi Maha Sethu bridge
Gammon Infrastructure Projects has started operations at its Kosi Maha Sethu, a bridge across the river Kosi on the national highway in Sup...
- Gammon Infra denied market talk of stake sale in Mumbai-Nasik road project
Gammon Infrastructure Projects denied market speculation about stake sale in a project that made its shares soar on the bourses on Wednesda...
- Gammon to bring in strategic investor for European offshore subsidiary
Gammon India is looking to bring in strategic investors in its European offshore subsidiary, Gammon Holding BV, to expand its power busines...
- Gammon arm places bid for PAL-Peugeot land
Gammon India's subsidiary Metropolitan Infrahousing has stepped in to buy the balance 45 acre owned by PAL-Peugeot in Dombivli on the outsk...