A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to “pre-occupation”, Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations.
World
London’s Heathrow Airport caps daily passenger numbers
London (TIP): London’s Heathrow Airport is capping daily passenger numbers for the summer and telling airlines to stop selling tickets as it steps up efforts to quell travel chaos caused by soaring travel demand and […]
Indian Americans
Indian Americans Preet Bharara & Rakesh Khurana honored with Carnegie’s ‘Great Immigrant’ award
NEW YORK (TIP): The Carnegie Corporation has announced the 2015 “Great Immigrant”: The Pride of America” awardees. These are the individuals who have helped advance and enlighten our society, culture, and economy. Preet Bharara, U.S. […]
Opinions
The day of Boris: Labour lost because it fought a Brexit election as if it were just another general election
The decisive victory the Conservative Party clinched in Thursday’s elections to Parliament gives British Prime Minister Boris Johnson, who built his campaign around the promise to “get Brexit done”, a clear mandate to take the […]
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