Question

Recently which of the following Indian firm has buy the majority of stake in Isreal Haifa Port?

A Reliance Group Correct Answer Incorrect Answer
B TATA Group Correct Answer Incorrect Answer
C Adani Group Correct Answer Incorrect Answer
D Vedanta Group Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Israel will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports of India and local chemicals and logistics group Gadot for 4.1 billion shekels ($1.18 billion). The port is a major trade hub on the country's Mediterranean coast. Adani will have a majority 70% stake and Gadot will hold the remaining 30%. The new group will operate the port until 2054. Adani Group Headquarters: Ahmedabad Founder: Gautam Adani

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