Adani Group acquires 97% stake in Kattupalli Port
New Delhi, June 28: Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai.
Adani Ports, India's largest port developer and part of the Adani Group, said in a statement that it executed share purchase agreement with Larsen and Toubro (L&T) and MIDPL to acquire the stake.
Located 30 km towards north of Chennai, the Kattupalli Port is one of the most modern ports in the country which provides connectivity with hinterland of north Tamil Nadu, Chennai, the Bengaluru region and south Andhra Pradesh.
Karan Adani, CEO of Adani Ports and Special Economic Zone Ltd, said the Tamil Nadu government and the Commerce Ministry gave approvals for the acquisition in record time and his firm was committed to make Kattupalli port one of the largest ports in southern India.
"We are going to start our construction to diversify the cargo of the port and will be adding 40 MMT (million metric ton) of new capacity in next three years," he said.
The company said in a statement that it plans to transform the port into a multi commodity port to handle cargo like containers, automobiles, break bulk, general cargo, liquid cargo and project cargo.
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No govt protection, claims actress who accused CPI(M)'s Mukesh of sexual abuse
Kochi (PTI): A 51-year-old Malayalam actress who had levelled sexual abuse allegations against several male actors, including CPI(M) MLA M Mukesh, on Friday said she was not keen on pursuing her complaints due to "lack of support and protection from the Kerala government".
The complainant also alleged "carelessness" on the part of the state government and said she was "mentally exhausted" and therefore, not keen on taking the complaints forward.
"I would like to tell everyone that due to the government's carelessness and lack of protection for a woman who has come forward like this, I have suffered more than I can handle. I am mentally exhausted. They are not helping or protecting a woman.
"Therefore, I do not want to pursue the cases. It is not because I have compromised with anyone," she told reporters.
She claimed that she was made an accused in a POCSO case following her complaints against the actors, also including Maniyanpilla Raju and Idavela Babu, and the government did nothing to protect her.
"I am innocent. I want justice. I want the POCSO case against me to be probed thoroughly and quickly. If I commit suicide, the government will be responsible for it," she said.
The Muvattupuzha police had registered the case under the Protection of Children from Sexual Offences (POCSO) Act, against the woman actor based on a complaint lodged by her relative.
According to the police, the incident occurred in 2014. The relative has alleged that she was a minor at the time of the incident and that the actor was running a sex racket.
The actor had vehemently denied the allegations and claimed that the woman relative owed her some money, and these allegations were to shift attention from her complaint against the high-profile actors.
The actress' allegations against the actors came in the wake of the disclosure of the Justice Hema Committee report which revealed instances of harassment and exploitation of women in the Malayalam cinema industry, prompting calls for action against the guilty.
The Justice Hema Committee was constituted by the Kerala government after the 2017 actress assault case.
The complete report was placed before the Kerala High Court which directed that it be handed over to the special investigation team (SIT) that was constituted to probe complaints of sexual abuse in the film industry.
Subsequently, 26 FIRs were registered by the SIT in connection with the revelations in the report.
