NEW DELHI: The Adani group has denied the Wall Street Journal report, alleging links between its entities and Iranian LPG as “baseless and mischievous”.“Further, we are not aware of any investigation by US authorities on this subject. The WSJ’s story appears to be based entirely on incorrect assumptions and speculation. Any suggestion that Adani group entities are knowingly in contravention of US sanctions on Iran is strongly denied. Any assertion to the contrary would not only be slanderous but also deemed to be an intentional act to injure the reputation and interests of the Adani group,” it said in a stock exchange filing.The statement said the Adani group does not handle any cargo from Iran at any of its ports, including shipments originating from Iran or any vessels operating under the Iranian flag. “Additionally, the Adani group does not manage or facilitate any ships whose owners are Iranian. This policy is strictly adhered to across all our ports.
Trending
- China tightens supply: India’s auto industry seeks govt help on rare earth magnet imports; key EV parts impacted
- Mohandas Pai flags lack of domestic capital for Indian startups; urges policy overhaul; calls for stronger R&D support
- Trump-Musk rift rattles Wall Street; Tesla share slide exposes market fragility; major indexes take a hit
- Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads
- Delhi infrastructure project: Centre approves Rs 24,000-crore plan to decongest Delhi; Tunnel to link Mahipalpur to Vasant Kunj
- Tata Steel new plant: $1.5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds
- RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect
- Jamie Dimon-led JPMorgan issues stern warning! Job hopping analysts to be fired; ‘if you accept a position with..’
- Myntra goes global: Online retailer launches first international platform in Singapore; targets Indian diaspora
- Market valuation: Mcap of 9 of 10 most valued firms jumps Rs 1 lakh crore; Reliance leads the way