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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