![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-415x275.jpg)
Adani speaking of being ‘morally correct’ like his ‘Prime Mentor’ preaching humility: Cong
PTI, Feb 2, 2023, 10:13 AM IST
![](https://www.udayavani.com/wp-content/uploads/2023/02/bjy-620x465.jpg)
ANI Image
The Congress Thursday took a dig at Adani Enterprises over its decision to withdraw its Rs 20,000-crore share sale, saying Gautam Adani speaking of being ”morally correct” is like his ”Prime Mentor” preaching humility, sobriety and large-heartedness.
Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors.
Adani Group company stocks have lost over USD 90 billion in value since a US short seller made damning allegations.
”Given these extraordinary circumstances, the company’s board felt that going ahead with the issue will not be morally correct,” Gautam Adani, chairman of Adani Enterprises, said.
”The interest of the investors is paramount and hence to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO,” Adani said.
Reacting to the remarks, Congress general secretary in-charge communications Jairam Ramesh said on Twitter, ”Adani speaking of being morally correct is like his Prime Mentor preaching virtues of humility, sobriety and large-heartedness.” ”This is ENTIRE political science,” he said, also apparently taking a dig at Prime Minister Narendra Modi.
The Congress has been alleging that Prime Minister Modi and his government have been favouring the Adani group in various sectors.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-150x99.jpg)
Pakistan Army Chief acknowledges role of Pak army in Kargil war
![](https://www.udayavani.com/wp-content/uploads/2024/09/Infant-1-150x100.jpg)
Kushinagar: Man forced to ‘sell’ son for hospital fee, 5 arrested
![](https://www.udayavani.com/wp-content/uploads/2024/09/CBI-rep-agencies-1-150x113.jpg)
Ex-RG Kar hospital principal had criminal nexus with co-accused for wrongful gains: CBI
![](https://www.udayavani.com/wp-content/uploads/2024/09/rains-rep-PTI-150x84.jpg)
29 dead in Telangana due to heavy rains, floods
![](https://www.udayavani.com/wp-content/uploads/2024/09/ED-pti-150x113.jpg)
ED raids German company’s Indian subsidiary in case of alleged fraud fraud involving Rs 130 cr
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/09/Ganesh-Chaturthi-150x105.jpg)
Karnataka ushers in Ganesh Chaturthi with its customary fervour; political tussle over govt’s order
![](https://www.udayavani.com/wp-content/uploads/2024/09/Gen-Asim-Munir-Wikimedia-Commons-150x99.jpg)
Pakistan Army Chief acknowledges role of Pak army in Kargil war
![](https://www.udayavani.com/wp-content/uploads/2024/09/Infant-1-150x100.jpg)
Kushinagar: Man forced to ‘sell’ son for hospital fee, 5 arrested
![](https://www.udayavani.com/wp-content/uploads/2024/09/CBI-rep-agencies-1-150x113.jpg)
Ex-RG Kar hospital principal had criminal nexus with co-accused for wrongful gains: CBI
![](https://www.udayavani.com/wp-content/uploads/2024/09/rains-rep-PTI-150x84.jpg)
29 dead in Telangana due to heavy rains, floods
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.