Adani Ports shares fall 4% after Deloitte quits as auditor

Adani Ports shares fall 4% after Deloitte quits as auditor

Shares of billionaire Gautam Adani-led Adani Ports and Special Economic Zone (APSEZ) fell nearly 4% to Rs 771 in Monday’s trade on BSE after the auditing firm Deloitte resigned as its auditor. Deloitte’s resignation comes after it asked Adani Ports to conduct an independent inquiry on related party transactions flagged by Hindenburg but the company … Read more

Deloitte may step down as auditor of Adani Ports & SEZ ahead of term

Deloitte may step down as auditor of Adani Ports & SEZ ahead of term

Mumbai: Deloitte Haskins & Sells LLP is set to resign as auditor for Adani Ports & SEZ in the next few days just a year after its reappointment amid differences with the company management over the auditor’s position on certain transactions, said multiple people aware of the development. According to one of the persons, a … Read more