Norway's central bank excluded Adani Group's port firm, APSEZ, from its government pension fund due to ethical concerns, specifically unacceptable risks related to violations of individual rights in war or conflict situations. APSEZ sold its Myanmar asset last year, yet Norway's Norges Bank cited insufficient buyer information. This marks APSEZ as the 15th Indian company excluded, joining firms like ONGC, GAIL, and NTPC, which faced similar actions regarding ethical violations and environmental concerns.

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