Colby Tag Archive

roizcghx

GMR Infrastructure crashes to 234125 crore Q4 loss

first_imgHyderabad: GMR Infrastructure suffered Rs 2341.25 crore loss on consolidated basis during the quarter ended March 31, owing to impairment losses of some of the power assets, the infra major said in a filing with bourses Thursday. The company reported Rs 4.81 crore profit after tax during the same quarter in FY18. Consolidated total income stood at Rs 2293.63 crore during the quarter under discussion against Rs 2234.88 crore in the same quarter in FY18, it said. Also Read – SC declines Oil Min request to stay sharing of documentsGMR booked an impairment loss of Rs 1,242.72 crore in the value of Group’s investment in GMR Energy Ltd and its subsidiaries/joint ventures , while it has accounted Rs 969.58 crore as impairment loss for GMR Chhattisgarh Energy Ltd an associate of the Group, total Rs 2212.30 crore. GMR Chhattisgarh Energy Limited (‘GCEL’) is engaged in development and operation of 2 X 685 MW coal based power project and had declared commercial operations of Unit I on November 1, 2015 and Unit II on March 31, 2016 of its 1,370 MW coal based thermal power plant at Raipur district Chhattisgarh. GCEL docs not have any long-term PP currently and has been incurring losses since the commencement of its commercial operations and has accumulated losses of Rs 4,228.51 crore as on March 31, 2019. GMR’s Airport segment reported Rs 1357.44 crore revenues with Rs 271.02 profit in Q4FY19. It garnered against Rs 1215.06 crore revenues in Q4FY18 with Rs 1,215.06 profit.last_img read more

Read More

isbqrzwc

UN seeks clarification on trial of human rights expert in Bangladesh

13 July 2007The Office of the United Nations High Commissioner for Human Rights (OHCHR) said today that it is seeking clarification from Bangladeshi authorities about the situation surrounding a UN independent expert who is facing trial in the Asian country on corruption charges. The Office of the United Nations High Commissioner for Human Rights (OHCHR) said today that it is seeking clarification from Bangladeshi authorities about the situation surrounding a UN independent expert who is facing trial in the Asian country on corruption charges.The trial of Sigma Huda, the Special Rapporteur on trafficking in persons, especially women and children, is understood to have already started and there are reports that she is in ill-health, OHCHR spokesperson José-Luis Diaz told reporters in Geneva.But he said that while OHCHR has been in constant contact with Bangladeshi authorities, the Office has not yet received the information it requested seeking clarification of the case against Ms. Huda, a Bangladeshi national.A number of UN Special Rapporteurs – who work in an independent capacity and report to the UN Human Rights Council – are considering issued a public appeal, Mr. Diaz added.Ms. Huda was due to make a presentation to the Council last month but had been prevented from doing so by Bangladesh, and Mr. Diaz said the Office of the High Commissioner wanted to hear the reasons for this decision.Responding to journalists’ questions, Mr. Diaz said Ms. Huda was covered by the privileges and immunities enjoyed by UN experts on mission while she was exercising her duties, and presumably Bangladesh did not consider that immunity applied in this case. read more

Read More