Gammon India

Gammon India Q2 net loss widens to Rs 339 cr, revenue rises marginally

Gammon India on Monday reported widening of consolidated net loss at Rs 339.31 crore for the quarter ended September. The company had posted a consolidated loss of Rs 274.30 crore in the year-ago period. However, the company had posted consolidated revenue of operations of Rs 11.69 crore in the second quarter of the current fiscal from Rs 11.61 crore previous year, according to a regulatory filing. Gammon India is a leading physical infrastructure construction company. Besides its operations in the construction and infrastructure space, Gammon has a presence in energy business segment and operates in the hydro, nuclear and thermal power sectors.

Stocks to Watch: Indian Hotels, TCS, Dabur, Bosch, Ashok Leyland, Insurance

Insurance related stocks could see some action as the India Protection Quotient (IPQ) survey 4, stated that term insurance ownership has gone up from 36 per cent to 43 per cent in the last two years.

Six out of top 10 infrastructure companies struggling to stay afloat

These companies have lost 70 per cent of their market capitalisation in the past six years and four of them are down 90 per cent or more during the period

Gammon India consolidated loss narrows to Rs 135 crore in March quarter

Gammon India on Friday reported narrowing of its consolidated loss to Rs 134.96 crore for the quarter ended March 2020

No automatic stay on enforcement of arbitration award if challenged: SC

Apex court strikes down Section 87 of Arbitration Act; Does not give interim relief to petitioners, HCC, Gammon India

Banks ask authorities to seize the passport of Gammon India chief

The firm is sitting on NPAs of Rs 70 billion and as part of the proactive measure the leader of the consortium has informed the authorities about the passport details

Gammon reports Rs 503 crore loss for 18 months ended March

Company's total expenses during the period under review stood at Rs 7,181 crore

Gammon India Board approves changes in business transfer agreement

Gammon India Ltd is a civil engineering construction company undertaking infrastructure, transportation and power projects

Advisory firm opposes Gammon's restructuring plan

Cites lack of disclosure, information asymmetry between lenders and common shareholders

Gammon sells EPC biz to Thailand's GP Group

Rs 250-cr deal to be completed in a year

Gammon India to invest up to Rs 675 cr in Gammon Power

The company will make investment in its wholly-owned subsidiary Gammon Power by subscribing up to 2.25 crore equity