Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Indian State Objects to MSC’s $1.4 Billion Deal With Adani Ports
Politics

Indian State Objects to MSC’s $1.4 Billion Deal With Adani Ports

Indian State Objects to MSC’s $1.4 Billion Deal With Adani Ports
Bloomberg Markets Friday 03 July 2026, 05:23 UTC By Sanjai P R 1 min read
Key Points

Indian State Objects to MSC’s $1.4 Billion Deal With Adani Ports An Indian state is objecting to Mediterranean Shipping Co.’s planned $1.4 billion investment in an Adani Group-run terminal, intensifying scrutiny of the Swiss firm after a chemical spill last year involving one of its vessels. The deal — which would give MSC 49% of the Adani Ports and Special Economic Zone Ltd.-operated Vizhinjam Port — was announced without prior consultation, V D Satheesan, the chief minister of the southern...

Indian State Objects to MSC’s $1.4 Billion Deal With Adani Ports An Indian state is objecting to Mediterranean Shipping Co.’s planned $1.4 billion investment in an Adani Group-run terminal, intensifying scrutiny of the Swiss firm after a chemical spill last year involving one of its vessels. The deal — which would give MSC 49% of the Adani Ports and Special Economic Zone Ltd.-operated Vizhinjam Port — was announced without prior consultation, V D Satheesan, the chief minister of the southern Indian state of Kerala, said in a post on X on Thursday.
Indian State Objects (ORG) MSC (ORG) Adani Ports Indian State Objects (ORG) Adani Ports (ORG) Indian (ORG) Mediterranean Shipping Co.’s (ORG) Adani Group (ORG) Swiss (ORG) the Adani Ports and Special Economic Zone (ORG) Vizhinjam Port (LOCATION) Kerala (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Hong Kong duo admit joining pro-independence group ‘out of curiosity’, asylum bid

Two Hong Kong men convicted of violating the Beijing-decreed national security law have said they joined a pro-independence group either to obtain asylum in Canada or “out of curiosity”. Courier Chan Tai-sum, 27, and waiter Ng Chi-tung, 25, pleaded guilty in the District Court on Friday to conspiracy to commit secession for their involvement with Taiwan-based Hong Kong Democratic Independence Union between November 2024 and July last year. Defence lawyers said the pair were both diagnosed...

South China Morning Post 27m ago

Springborg hoses down speculation he will be Qld's next governor

Lawrence Springborg says he has not asked for, sought, nor been offered the role of governor, who represents King Charles in Queensland. It follows media reporting that the mayor of Goondiwindi was tipped to replace Jeannette Young. The government says it is considering options for a new governor, with Dr Young's term to expire later this year.

ABC Australia 37m ago

The battle for access to Jamaica’s billion-dollar beaches

In this week’s newsletter: Activists are accusing the government of privatising the coastline to support the country’s thriving tourism industry, at the expense of locals• Don’t get Down to Earth delivered to your inbox? Sign up hereEvery year, millions of visitors from across the globe visit Jamaica to enjoy its gorgeous beaches, fuelling a multibillion dollar tourism industry. But, in recent years, its picture-perfect coastlines have become a battleground for access after successive...

The Guardian UK 42m ago

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’An economy rattled by a global energy shock, jittery bond markets and rising spending demands. As Andy Burnham prepares for government, the pressures on the public finances are in focus. The prospective prime minister pledged a new direction for Britain this week within two constraints: sticking to Labour’s current fiscal rules, and consistency with its 2024 manifesto.

The Guardian World 42m ago