{"id":551989,"date":"2023-02-02T11:01:30","date_gmt":"2023-02-02T05:31:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551989"},"modified":"2023-02-02T11:01:30","modified_gmt":"2023-02-02T05:31:30","slug":"gautam-adani-explains-why-he-was-forced-to-withdraw-rs-20000-crore-fpo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gautam-adani-explains-why-he-was-forced-to-withdraw-rs-20000-crore-fpo\/","title":{"rendered":"Gautam Adani explains why he was forced to withdraw Rs 20,000 crore-FPO"},"content":{"rendered":"<p>Billionaire Gautam Adani, who is in the middle of a storm following allegations made in the Hindenburg report, today said he had to withdraw Adani Enterprises NSE -8.12 %&#8217; Rs 20,000 crore FPO to protect investors from potential losses.<\/p>\n<p>&#8220;For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO,&#8221; Adani said in a message to shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Gautam Adani, who is in the middle of a storm following allegations made in the Hindenburg report, today said he had to withdraw Adani Enterprises NSE -8.12 %&#8217; Rs 20,000 crore FPO to protect investors from potential losses. &#8220;For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO,&#8221; Adani said in a message to shareholders.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-551989","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551989"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551989\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}