News Snapshot:
HANDING OVER a strategic asset to an Indian company was a sign of deep trust, Israel’s Ambassador to India Naor Gilon said Wednesday while referring to the Adani Group’s recent takeover of the strategically located Haifa port in his country. Last month, a consortium led by the Adani Group completed the acquisition of the port, one of the largest in the eastern Mediterranean region, for $1.2 billion. Addressing the media on the completion of 30 years of full diplomatic relations between India and Israel, Gilon said that with ports being the core business of Adani Group, the company could utilise...
