Tag: audit committee

NEW DELHI: Adani Ports on Saturday said Deloitte's reasoning to quit as auditor of the company was "not convincing or sufficient to warrant such a move".A source told Reuters on Friday Deloitte decided to resign from the role amid concerns over certain transactions flagged in a report by Hindenburg, which the company did not wish to look into independently.The auditor's resignation has brought fresh scrutiny of the financial management at Adani Group. The group has denied Hindenburg's allegations made in January around alleged improper use of tax havens,...