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Shares of Adani Ports were crashing in early trade on Monday as the company&#39;s auditor Deloitte stepped down.

Adani Ports Down 3% Today: Why Global Analysts Are Still Bullish

Gautam Adani (Gonzalo Lanzilotta for Benzinga)

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As per a Reuters report, Deloitte has stepped down as the auditor for Adani Ports and Special Economic Zone Ltd. This decision comes amidst heightened scrutiny of Adani Group companies, with past concerns about the group&#39;s financial transactions resurfacing.

Rough Seas Ahead? Deloitte To Step Down As Adani Ports&#39; Auditor

Byju's troubles trigger startup reevaluation

Financing

Startups

Tech

Concerns have arisen due to Byju&#39;s aggressive revenue recognition, delayed audits, and a marginal revenue decline in FY21 despite COVID-19 pandemic-driven growth in that financial year.

Investors Likely To Get Stricter With Startups Amid Byju&#39;s Turmoil

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The development puts the spotlight back on the allegations of serious financial wrongdoing made by short-seller Hindenburg Research against Gautam Adani&#39;s business empire.

Auditor Flags Adani Ports Transactions, Hindenburg Report Back In Focus

Deloitte

Global

The firm projects that in the upcoming year, the three new locations will house over 10,000 skilled professionals.

Deloitte Bolsters Global Reach With Trio Of New Indian Offices

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