A worker produces submarine cables at a production base in Qingdao, East China's Shandong Province on August 8, 2024. Photo: VCG Industry and Planning Research Institute of China Academy of ...

One of the Kremlin’s newest threats, according to NATO, is targeting undersea cables carrying vast quantities of data and power beneath the Baltic Sea to countries in northern Europe.

The shares of leading cables and wire makers KEI Industries, Polycab and Havells plunged on March 20 after Adani Group announced its entry into the segment by incorporating a new joint venture ...