False News

Gammon India: On 19th April, a financial daily reported that Gammon India had bagged a Rs800 crore order to develop 15 acres of land. The share price jumped on the news. In an interesting response, Gammon pointed out that the paper had exaggerated the size of the order, which was for Rs338 crore “and not Rs800 crore, as has been wrongly stated in the media.” It put things in perspective...

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