Union Finance Minister Nirmala Sitharaman has responded to the Adani controversy while addressing the media after an interaction with stakeholders post-budget.
Adani Enterprises Ltd has decided to pull out a 20,000 crore (Over $2 billion) FPO amid allegations of financial wrongdoings. Sitharaman said that the company's withdrawal of FPO (Follow-on Public Offer) had no impact on the country's macroeconomic fundamentals and reputation.