In a statement, an Adani group spokesperson said the conglomerate does not own or hold any share in the company involved in the construction of the tunnel.
Kaur, who was the decisive vote, is the wife of former Punjab chief minister Amarinder Singh, who quit the Congress and later joined the BJP.
TMC's unequivocal support today seems to indicate the regional party will put all its weight behind her in the battle ahead for the MP who is combatting allegations of cash-for-questions.
There are indications the committee may make a recommendation against her in its report to Speaker Om Birla amid a possibility of dissent notes from opposition members.
TMC MP Mahua Moitra said two members of the parliament invited her to 'sit across the table' from Gautam Adani and 'work out a deal'.
On the silence and lack of support from her party TMC, Moitra said that the entire episode is a media circus and TMC chief Mamta Banerjee doesn't need to feed this.
The transaction was financed by 10 global banks. DBS Bank, First Abu Dhabi Bank, Mizuho Bank and MUFG Bank acted as mandated lead arrangers bookrunners and underwriters to the transaction.
“Also welcome @CBIHeadquarters enquiry into my alleged money laundering, right after they finish investigating Adani’s offshore money trail, over invoicing, benami accounts.
33% of India’s container traffic flows via the port across a dedicated freight corridor that offers the unique facility of double-stack containers from the northern hinterland to Mundra.
The development comes days after the investor said about offloading stakes in two other group companies - Adani Green Energy and Adani Energy Solutions- as part of its rebalancing strategy.
A fresh petition notes that the committee has members with potential conflict of interest and there is a need to appoint a fresh panel to probe allegations raised by US-based short seller Hindenburg.
Petitioner claimed that former SBI chairman OP Bhatt is conflicted as he is also the head of renewable energy firm Greenko, which has commercial dealings with the Adani group.
Congress leader Jairam Ramesh also raised doubts about SEBI's credibility, asking why the body has failed to inspire confidence as a fair regulator of capital markets in the country.
Second time in less than a month, the promoter group has increased its stake in flagship firm Adani Enterprises to 71.93% from 69.87%, according to stock exchange filings.
This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.
The Congress MP attacked PM Modi for protecting Adani and his brother Vinod Adani despite several revelations of their murky business deals and share price manipulation.
In the first tender issued in 2018, the petitioner company had emerged as the highest bidder with its Rs 7,200 crore bid. This had been cancelled by the state government in February this year.
The group is one of the largest private airport operators in the country and in the travel related space, it has ticket booking app Adani One.
Quintillion was Adani's first bet in the Indian news industry before taking about 65 per cent stake in broadcaster NDTV in December last year.
In the recently announced first quarter results, Deloitte highlighted some transactions flagged by Hindenburg as related party transactions.