gammon News

Gammon lenders start debt to equity swap

Gammon India had announced a major loan restructuring exercise in 2013 under which it would convert debt totalling over Rs 14,800 crore into equity and lenders would be issued shares worth over Rs 4,500 crore.

Brookfield buys Gammon’s infra projects worth Rs 6,750 crore

Canadian firm acquires 6 road, 3 power projects.


‘Reputed’ firms don’t bid for BMC road projects

Despite increasing the size of road contracts to three times the original size,the BMC failed to attract bigger ‘reputed’ infrastructure firms to undertake new road construction projects in the city.

NHAI gives clean chit to Gammon,Hyundai in Kota bridge collapse

NHAI has given a clean chit to construction firms Gammon India and Hyundai Engineering in the collapse of the bridge over Chambal river.

Delhi Metro,Gammon spar on crane mishap inquiry report

The inquiry report into the July 12 accident at the Metro construction site in Zamrudpur that killed six workers and left 15 others injured was placed before Delhi Metro chief E Sreedharan late Thursday evening.

HC notice to DMRC,Gammon

On the day the Delhi Metro Rail Corporation (DMRC) announced putting in place “full-time” machinery for strictly ensuring safety procedures,the Delhi High Court issued a notice to the Metro and its contractor Gammon India on a petition filed by the families of the victims of the July 12 accident.


Gammon India shares plunge as bridge tumbles

Gammon India Ltd shares tumbled by nearly a fifth on Monday after a part of the bridge it was constructing for the Delhi Metro Rail Corp (DMRC) fell,unnerving investors.