Gammon India project
In Surat, the ambitious Rs 143-crore project involving the construction of the 918 m-long cable-stayed bridge over river Tapi has been shrouded with uncertainty for the last nearly one year now. The construction of the cable-stayed bridge – which connects Athwalines to Pal – was scheduled for completion in May 2013. But, even after a [...] Continue Reading »
The promoters of Gammon India along with their affiliates have recently decided to raise about a 100 crore as ‘Promoter Contribution’. This will be done by subscribing towards all shares of equity that have been allotted to them on the basis of preference so that the restricting package of debt which has been sanctioned by [...] Continue Reading »
Residents in the state capital have been spared off hike in property rates, particularly the lower income group (LIG) and middle income groups (MIG). Moreover the planned 15% hike in the new collector guideline rates for flats has been withdrawn. In addition, agriculture land rates would be increased in a logical fashion and with proper [...] Continue Reading »
