Gammon Infrastructure
The Ajay Piramal Group is expected to finalise transactions, which involve purchasing the authority to control the stakes in six road assets across the country. This news has fueled the real estate players who are now hoping that the presence of big investors will boost the infrastructure development in the country. Four non-binding preliminary term [...] Continue Reading »
Gammon India’s board is going to discuss the restructuring plans at the upcoming meet. The company informed that the boards of directors will focus on different options of restructuring of the Gammon Group at an upcoming meeting. The moves were approved by the CDR cell in June last year. The civil contractor got Rs 13,500 [...] Continue Reading »
The Gammon Infrastructure and NHIA have stopped the concession pacts for two road projects because of the lack of land clearances. The 2 projects allotted to Gammon in 2012, consists of the Yamuna agar Panchkula project in Haryana and the Birmitrapur Barkote project in Orissa. Gammon Infrastructure informed that the terminations were done by the [...] Continue Reading »
