Indian conglomerate Adani Group said on June 30 that Europe's MSC will buy a 49 percent stake in its deep-water transshipment port in southern India for $1.4 billion.

Adani Ports has partnered with MSC Group's TiL, which will invest $1.397 billion for a 49% stake in Vizhinjam Port. This significant foreign investment aims to bolster Vizhinjam's…

MSC to acquire a 49% stake in Adani's Vizhinjam port for ₹13,220 crore, enhancing India's port sector investment.

Adani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 billion, valuing the Kerala port at $2.85…

Axis Capital expects Vizhinjam port to become a major earnings driver for Adani Ports & SEZ, estimating it could generate around Rs 1,410 crore in EBITDA after the Phase 2…