Norway's wealth fund drops Adani Green from portfolio over 'corruption'

Norway's sovereign wealth fund Norges Bank Investment Management on February 26 excluded Adani Green Energy from its investment portfolio. The wealth fund management cited "gross corruption or other serious financial crime" as the reason for the exclusion. Norges Bank had previously excluded Indian firms like ONGC, Coal India, BHEL, ITC, Larsen & Toubro, NTPC and Vedanta from its portfolio.