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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Two firms that audit most of the group’s companies have multiple links, raising issues of corporate governance.
Dharmesh Parikh & Co. and Shah Dhandharia & Co. are the two firms largely responsible for auditing the Adani group. But that’s not the only thing they have in common. Moreover, the auditor who signs off on the books of the conglomerate’s flagship company has only five years of professional experience.
These, and more such facts, were thrown up by an investigation that The Morning Context conducted on the Ahmedabad-headquartered group’s auditing practices.
Take, for instance, Shubham Rohatgi, a partner at Shah Dhandharia & Co., which currently audits Adani Enterprises. He received his certification from the Institute of Chartered Accountants …
