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The Adani Business Formula: Dealing With Myanmar s Military

Thursday, 1 April 2021, 2:23 pm Corporate morality can be a flexible thing. Some companies see tantalising dollar signs afloat in the spilt blood of civilians and dissidents. Military governments, however trigger crazed, offer ideal opportunities; potentially, corners can be cut, regulations relaxed. The Adani Group has shown itself to be particularly unscrupulous in this regard. In many ways, it is fitting. The group’s record in a range of areas suggests that the profit motive soars above any other consideration. Environmentally, Adani is an irresponsible, wretched beast. A shonky Adani coal ship, the MV Rak, sank off the coast of Mumbai in August 2011

Adani Group to consult authorities and stakeholders on Myanmar port project

Adani Group to consult authorities and stakeholders on Myanmar port project Adani Ports and SEZ Ltd in 2020 won a bid to build and operate Yangon International Terminal Reuters   |   Chennai   |   Published 01.04.21, 01:17 AM India’s Adani Group said on Wednesday it would consult authorities and stakeholders on its port project in Myanmar, after human rights groups reported its subsidiary had agreed to pay millions of dollars in rent to a military-controlled firm. A military coup in Myanmar on Febuary 1 and an ensuing crackdown on mass protests in which hundreds were killed have drawn international condemnation and sanctions on military figures and military-controlled entities.

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