CPM strongly opposes contentious Adani-MSC stake deal at Vizhinjam Seaport
The equity transfer of the Vizhinjam seaport between Adani and Mediterranean Shipping Company (MSC) has drawn sharp criticism and strong objections from the CPM.
The equity transfer of the Vizhinjam seaport between Adani and Mediterranean Shipping Company (MSC) has drawn sharp criticism and strong objections from the CPM.
The Adani Group officially announced here on Tuesday that it will invest $100 billion to build a nationwide artificial intelligence (AI) infrastructure platform, marking it one of the largest tech infrastructure pushes in India.
These subsidiary companies, which have been incorporated to focus on real estate and construction projects, mark a strategic expansion in the company’s airport-linked infrastructure development.
A heated exchange broke out in the Supreme Court after a lawyer’s remark on Constitution Benches drew a stern warning from Chief Justice Surya Kant during a mentioning round.
According to the statement, "The merger will unlock greater operational efficiencies, optimise manufacturing and logistics, and enable efficient capital deployment."
According to a stock exchange filing, Adani Enterprises disclosed that the transaction was carried out by Adani Defence Systems and Technologies and Horizon Aero Solutions, a subsidiary of the company.
Earlier during the week, the Adani Group, which held a 20% stake in AWL Agri Business, sold its 13% stake to an arm of Wilmar International Ltd by an off-market transaction worth Rs 4,646 crore.
JAL, the flagship of the Jaypee Group, has interests across cement, power, engineering, hospitality, real estate and sports infrastructure.
The record date for determining eligible shareholders is Monday, November 17, 2025, the release stated.
The increase in profit was largely driven by a one-time Rs 1,697 crore income tax provision reversal, the company stated
