Adventz Groups Texmaco signs $2 bn MoU for Israel light rail
The Dollar Business Bureau Indian conglomerate Adventz Group said on Tuesday that it has signed a $2 billion-plus MoU with the Israeli construction and development company Lesico Group to collaborate in the light rail transit (LRT) projects in Jerusalem and Tel Aviv. The announcement came in the backdrop of a top-level Indian political and business delegation led by Prime Minister Narendra Modi visiting the Jewish nation currently. The historic visit – first time for any Indian Prime Minister – is being seen as a watermark in deepening economic and trade relationships between New Delhi and Tel Aviv. “The memorandum of understanding (MoU) between Lesico with Adventz Group will be a first for an Indian conglomerate with group company Texmaco Rail & Engineering Limited, which ...
T-Hub, Israel centre ink pact for agritech start-ups
The Dollar Business Bureau India's largest incubator for startups T-Hub has partnered with StarTau, the entrepreneurship centre of Tel Aviv University (TAU) in Israel. T-Hub CEO Jay Krishnan signed the memorandum of understanding (MoU) during the TAU Innovation Conference on Wednesday. As per the MoU, India and Israel would launch an accelerator programme as a part of T-Hub’s T-Challenge programme charter focussing on the growth of startups in the agritech sector. The programme will start in October this year. Jay Krishnan represented the startup ecosystem of India at the conference. He spoke about the opportunities and challenges that start-ups in the country face. He also stressed that the Israeli innovation corridor is a major opportunity for India and T- Hub is making its ...
