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A focused study group for the discussion of economics and economic policy.
32036 Members
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© 2020 Relevant Protocols Inc.
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>"S&P Dow Jones Indices said it is removing India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to the firm's business ties with Myanmar's military which is accused of human rights abuses after a coup this year. The company, which is building a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC), did not immediately respond to a Reuters emailed request for comment. Adani Group said late last month it would consult authorities and stakeholders on the project after human rights groups reported that its ports unit had an agreement to pay millions of dollars in rent to MEC."
>"S&P Dow Jones Indices said it is removing India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to the firm's business ties with Myanmar's military which is accused of human rights abuses after a coup this year. The company, which is building a $290 million port in Yangon on land leased from the military-backed Myanmar Economic Corporation (MEC), did not immediately respond to a Reuters emailed request for comment. Adani Group said late last month it would consult authorities and stakeholders on the project after human rights groups reported that its ports unit had an agreement to pay millions of dollars in rent to MEC."
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