ANI
23 Mar 2023, 01:03 GMT+10
By Ashoke RajNew Delhi [India], March 22 (ANI): Amid challenges faced by the Adani Group and political heat over "regulatory failure" in dealing with the alleged contravention of laws pertaining to securities market, Adani Airports Chief Executive Officer Arun Bansal has said that the company is committed to its investments and plans submitted to the government.
"We are committed and we have submitted the plans to the government. Whatever plans we have submitted (and) we are following (with) our investments," he said.
He was asked whether recent reports by US-based short seller Hindenburg Research affected the business of its airport business.
Hindenburg Research had alleged stock manipulation and accounting fraud by the conglomerate and the Adani Group had rejected the allegations terming them "nothing but a lie" and the New York-based entity as " unethical short seller".
"We are continuing with plans that we have submitted to the Government," Bansal said.He made the remarks on the sidelines of the CAPA India Aviation Summit here in the national capital.
Adani group currently has seven airports in India and it has the vision to develop more airports in the country and overseas.Parliament has been witnessing a logjam over the past seven days with the opposition parties for a Joint Parliamentary Committee (JPC) to probe allegations of irregularities by the Adani Group.(ANI)
Get a daily dose of Sports Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sports Sun.
More Information(Photo credit: Mike Watters-USA TODAY Sports) After securing momentous victories last weekend, Baylor and Texas Tech will see whose provided ...
(Photo credit: Kim Klement Neitzel-USA TODAY Sports) The Tampa Bay Rays' home playoff game against the Texas Rangers in St. ...
(Photo credit: Jeff Curry-USA TODAY Sports) MILWAUKEE -- Freddy Peralta, moved up a day in the rotation, will try to ...
(Photo credit: Bill Streicher-USA TODAY Sports) Veteran forward Reggie Bullock will sign with the Houston Rockets after clearing waivers, The ...
(Photo credit: Dale Zanine-USA TODAY Sports) Aaron Nola hasn't earned a win since August, but a victory on Wednesday would ...
(Photo credit: John Leyba-USA TODAY Sports) Teams with first-year coaches who are on losing streaks will meet Saturday when Arizona ...
(Photo credit: Mike Watters-USA TODAY Sports) After securing momentous victories last weekend, Baylor and Texas Tech will see whose provided ...
(Photo credit: John Leyba-USA TODAY Sports) No. 9 Southern California features the nation's highest-scoring offense but continues to have concerns ...
(Photo credit: John Leyba-USA TODAY Sports) Teams with first-year coaches who are on losing streaks will meet Saturday when Arizona ...
(Photo credit: Jordan Prather-USA TODAY Sports) Florida seeks payback for last season's upset loss to Vanderbilt when the teams meet ...
(Photo credit: Jay Biggerstaff-USA TODAY Sports) Kansas and UCF have questions as to the identity of their respective starting quarterbacks ...
(Photo credit: Ken Ruinard-USA TODAY Sports) Clemson will look to even its conference record when it welcomes visiting Wake Forest ...