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One instance doesn't show how well Indian markets governed: Sitharaman on Adani row
short by Apaar Sharma / 05:33 pm on 03 Feb 2023,Friday
In a message to global investors as the combined market cap of Adani Group's listed units collapsed by $120 billion over fraud allegations, Finance Minister Nirmala Sitharaman said the country's markets were "well regulated". She added, "One instance, no matter how much it's talked about globally, isn't going to be indicative of how well Indian financial markets have been governed." #news101