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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.
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thehindubusinessline.com
Govt approval mandatory for Adani stake transfer in Vizhinjam port: Kerala CM
Kerala CM states Adani must secure government approval for MSC's 49% stake acquisition in Vizhinjam port.
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thehindu.com
MSC-Adani Vizhinjam port deal: Kerala CM says State govt approval needed for share transfer
Kerala CM confirms state approval is needed for MSC's stake transfer in Adani Vizhinjam Port deal amid regulatory requirements.
