No impact of Adani FPO cancellation on economy: Nirmala Sitharaman

Union finance minister Nirmala Sitharaman said here on Saturday that the cancellation of Adani Enterprises’ follow-on public offer (FPO) will not have any impact on the economy and no effect on the image of the economy. Responding to queries on the crash of Adani Group shares, the finance minister said, “Regulators will do their job, and they are independent of the government.