Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Deloitte, Adani Ports & SEZ spar over Hindenburg Research's claims
The Business Guardian
|August 15, 2023
Deloitte Haskins and Sells LLP’s resignation letter as the statutory auditor of Adani Ports and SEZ Ltd has revealed that the decision was primarily influenced by the lack of clarity on transactions involving certain parties mentioned in the Hindenburg Research report of January 24.
-
Additionally, the audit firm cited the company’s resistance to conducting an independent external evaluation as a contributing factor for its premature resignation.
The resignation came on the grounds of a “material weakness” identified in Adani Ports’ internal control system. Deloitte stated that the company lacked an appropriate internal control system to address allegations made in the report. This included a failure to examine the veracity of related party relationships, which could potentially lead to adjustments or disclosures of related party balances and transactions in the financial statements.
Denne historien er fra August 15, 2023-utgaven av The Business Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business Guardian
The Business Guardian
FROM VILLAGE RING TO 'GLOBAL HANDLER' FOR ELDER BROTHER: ANMOL BISHNOI
Anmol Bishnoi, Lawrence’s (terror- crime-extortion syndicate kingpin) younger brother and former state-level boxer, is accused of being the gang's overseas handler, coordinating logistics, extortion funds and shooters for multiple high-profile murders from abroad.
8 mins
November 20, 2025
The Business Guardian
CM Rekha convenes high-level meeting on redevelopment of Old Delhi
Delhi government plans holistic restoration of Old Delhi’s heritage and market areas.
2 mins
November 20, 2025
The Business Guardian
Jio Unlimited 5G users to get free Jio Gemini Pro, including Google's Gemini 3
Jio on Wednesday announced significant enhancements to its Jio Gemini offer with the rollout of Google Gemini 3. These enhancements are part of the Jio Gemini Pro Plan, available free for 18 months to all Jio Unlimited 5G customers.
1 mins
November 20, 2025
The Business Guardian
RBI LIKELY TO CUT REPO RATE BY 25 BPS IN DEC
The report highlighted that its expectation is driven mainly by continued downside surprises in headline Consumer Price Index (CPI) inflation.
1 mins
November 20, 2025
The Business Guardian
Rising ARPU continues to drive performance of India's Telcos
India's telecom operators delivered an inline performance in the September quarter of FY26, with rising average revenue per user (ARPU) continuing to act as the biggest driver of sectoral momentum, according to a review of Q2FY26 results by Centrum.
2 mins
November 20, 2025
The Business Guardian
Indian stocks open flat amid global tech selloff
Volatility gripped the Indian stock markets on Wednesday as both benchmark indices opened flat, reflecting cautious investor sentiment amid weak global cues.
3 mins
November 20, 2025
The Business Guardian
LESSONS FROM BIHAR
Prime Minister Narendra Modi speaking during his victory speech at the BJP headquarters made a very interesting comment.
2 mins
November 20, 2025
The Business Guardian
Cement sector set for 63% earnings surge in FY26
India's cement industry is poised for sharp earnings rebound in the Financial Year 2026 (FY26), with sector-wide profit expected to grow over 63 per cent yearon-year, driven largely by a favourable low base and continued cost-reduction efforts across companies, according to a sectoral update by Dolat Capital.
1 mins
November 20, 2025
The Business Guardian
India’s current account deficit expected to rise to 1.7% of GDP in FY26
India’s current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank’s earlier projection of 1.2 per cent, according to a report by Union Bank of India.
2 mins
November 20, 2025
The Business Guardian
BCI removes fake-degree lawyer
The Bar Council of India (BCI) has ordered the immediate removal of an advocate who secured enrolment using a fake law degree, while simultaneously exposing what it describes as an exceptional case of internal collusion involving touts, intermediaries and staff within the State Bar Council system.
2 mins
November 20, 2025
Translate
Change font size