S&P Index To Delist Adani Ports, Cites Firm's Ties With Myanmar Military
India-based Adani Ports and Special Economic Zone Ltd will be delisted from S&P Dow Jones's sustainability index before April 15. The decision has been taken because of the firm's association with the human rights violation-accused Myanmar military. Reportedly, a $290-million port is being constructed by the company on the military-backed corporation land. However, the company has not issued any comment on the delisting yet.