The Economic Times

Pinarayi Vijayan tears into Adani group over Vizhinjam port share transfer without govt nod

Kerala's Opposition Leader Pinarayi Vijayan has questioned Adani Group's move to sell a 49% stake in the Vizhinjam port to MSC without state government approval. He alleges this violates the agreement and could lead to MSC monopolizing the port, impacting Kerala's revenue. Chief Minister VD Satheesan is urged to clarify the government's stance and actions regarding this illegal share transfer, which Adani Ports touts as a major foreign investment.