Adani-DP World terminal deal off

This classic case of a fight between a multinational company and its Indian partner taking an ugly turn. Almost two years after DP World took over Mundra International Container Terminal (MICT) from P&O Ports as part of a $6-billion global takeover, the Adani-owned Mundra Port and Special Economic Zone (MPSEZ), which owns and operates the Gujarat port, has terminated the contract for the container terminal at Mundra.