comp

Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest private port operator, has unveiled a Rs. 600 crore logistics park in Kochi, spanning 70 acres, to expand its integrated supply chain infrastructure. The facility aims to enhance multimodal connectivity, improve cargo handling efficiency, and serve as a critical hub for Kerala’s growing trade and industrial activity.

Discovery Capital has fully exited its investment in SpiceJet by selling its 2.2% stake, signaling a strategic withdrawal from the embattled Indian low-cost airline. The divestment comes at a time when SpiceJet continues to navigate financial turbulence, operational challenges, and intensifying competition in the aviation sector. The stake sale, executed via open market transactions, underscores growing investor caution toward the airline’s long-term viability and performance outlook.