BUSINESSTHE HINDU NATIONAL
MSC-Adani Vizhinjam port deal: Kerala CM says State govt approval needed for share transfer
Kerala Chief Minister V.D. Satheesan stated that the state government's approval is required for the transfer of a 49% stake in Adani Vizhinjam Port Private Limited to MSC Group. Adani Ports has not yet obtained this approval, despite APSEZ's earlier announcement of the ₹13,220 crore deal.
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- Switzerland’s MSC to acquire 49% stake in Adani’s Vizhinjam port in Kerala for ₹13,220 crore
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