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Market regulator checking compliance with rules
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (June 26)
Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited on the grounds the company's links with the Myanmar military breach the fund's responsible investment policy, KLP has said.
News highlights from Asean countries in the Star-AseanPlus section for Tuesday (June 22)
OSLO (Reuters): Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited on the grounds the company's links with the Myanmar military breach the fund's responsible investment policy, KLP told Reuters on Tuesday (June 22).
GAUTAM Adani’s debt-fuelled empire received a jolt this week when the Economic Times reported that three of the six Mauritius-based funds that have invested most of their money in the Indian billionaire’s stocks had seen their accounts frozen by the national share depository.
Billionaire Gautam Adani-controlled Adani Ports and Special Economic Zone Ltd. is considering abandoning a plan to set up a container terminal at Yangon in Myanmar and write down the investment after a military coup in that country.
CHENNAI (Reuters): India's Adani Group said on Wednesday (March 31) it condemned "violations of fundamental rights of all people" and would continue to work with "partners and stakeholders," in response to recent media reports on the conglomerate's investments in Myanmar.
MUMBAI: Adani Ports and Special Economic Zone Ltd agreed to acquire a deepwater port on India’s east coast for an enterprise value of US$1.9bil, a move that will help the nation’s biggest port operator by market capitalisation expand capacity by 64 million metric tons.
NEW DELHI (Reuters) - India's two main ports said on Thursday they had been warned by the coastguard and intelligence officials that Pakistan-trained commandos have entered Indian waters to carry out underwater attacks on port facilities.