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Extortion haunts Bihar again

'Hundreds of engineers have complained that they are being threatened by criminals for allotment of contracts and extortion.'M I Khan reports from Patna. IMAGE: Angry demonstrations after the......

Labour pain for India's infra sector

The labour force at large has turned less needy, due to various government financial incentives and freebies. The infrastructure sector is trying to address not only a financial crunch but also a......

Gammon mulls stake sale in port, road projects

Gammon Infrastructure is planning to sell stake in two infrastructure projects for raising equity funding to meet expansion plans.The company hopes to raise around Rs 300 crore (Rs 3 billion)......

Gammon Infra for stakes in airport projects abroad

Mumbai-based Gammon Infrastructure wishes to buy stakes in international airport projects. The company is already in talks with companies that have won such projects in developing economies. "We......

Rs 8,600 cr worth highway projects stalled

Most of these road contracts are spread across Andhra Pradesh, Haryana, Karnataka, Odisha, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal, with the government struggling to restart them. About......

Gammon emerges top bidder for Mumbai port

Outbidding Larsen & Toubro, Gammon India-led consortium has emerged as leading bidder for the Rs 1,200 crore offshore container terminal at the Mumbai Port Trust. Gammon India has quoted highest......

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