GMR Group Didn’t Write Down Rs 2,250-Crore Investments Despite Auditor’s Red Flag
Guru Nanak Dev Thermal Plant, a thermal power station, dominates the skyline of Bhatinda, Punjab, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

GMR Group Didn’t Write Down Rs 2,250-Crore Investments Despite Auditor’s Red Flag

The auditor to GMR Infrastructure Ltd. said that its power sector loss would have been Rs 2,250 crore higher in the nine months ended December had it accounted for the reduced value of its investme...
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