“Our turnover will double in each of the next two years”

With projects worth Rs10,000 crore, Gammon Infrastructure is going great guns, says Parvez Umrigar, MD, to Amritha Pillay of Moneylife

Moneylife: What is the status of the various projects of Gammon Infrastructure Projects Ltd (GIPL)?
Parvez Umrigar: Out of the 15 projects, we have already commissioned four while two more will be commissioned by March next year. We have commissioned...

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Budgeted Loss

TV18 blames the Union Budget for poor second-quarter performance!

Elections are the most coveted event for TV news channels and Union Budgets are what TV business channels look forward to. Their viewership shoots up on those occasions; it’s small wonder that TV channels heavily advertise their coverage of the Union Budget as an event. That is when they hope to rake in big money. This is...

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Birla Bites

The Birlas may be mighty but are mishandling their fight against the Lodhas 

Despite their best efforts, the Birlas have not been able to stop the Lodhas from maintaining their control over Birla Corporation and other companies of the MP Birla group that the late RS Lodha inherited through the will of the late Priyamvada Birla. Every Birla move is being countered very effectively by...

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