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Humberto now category 3, major hurricane as it tracks toward Bermuda

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Miami: Hurricane Humberto continues to strengthen on its trek toward Bermuda, reaching Category 3 strength on Tuesday as maximum sustained winds hit 185 km/h. While the forecast track has drifted north, lowering the risk for a landfall on Bermuda, the island remains in harm’s way as the storm approaches.

A hurricane warning is in effect for Bermuda as Humberto becomes better organized with a better-defined eye. The U.S. National Hurricane Center (NHC) expects the storm to remain a powerful hurricane through Thursday.

Though the centre of the storm is expected to pass just north of Bermuda, Humberto is a large hurricane with an expansive wind field, and that means Bermuda will likely see near-hurricane-force conditions sometime late on Wednesday, even with a near miss.

The storm is moving east-northeast at about 12 mph with maximum sustained winds of 115 mph and higher gusts, the center said. It’s expected to continue moving northeast through Friday, with the eye expected to past “just to the northwest and north of Bermuda Wednesday night.”

“Some fluctuations in intensity are likely during the next day or so, but Humberto should remain a powerful hurricane through Thursday,” the center added. “A steady weakening trend should begin later on Thursday.”

While Humberto is moving away from the United States, the storm’s “life-threatening” swells will still impact the southeastern coast of the country from Central Florida to North Carolina as well as the northeastern Bahamas, the NHC said.

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Hyderabad based GVK Group reportedly under government scanner

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Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

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