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Economic news: RBI gave a blow to the common man, EMI set to increase, Adani signed an agreement with Israeli company

Adani indicators settlement with Israeli firm

Adani Enterprises Restricted (AEL), the enterprise incubation arm of the Adani Group, has signed a Memorandum of Understanding (MoU) with the Israel Innovation Authority (IIA). The IIA is a publicly-funded company that oversees Israel’s innovation coverage. It supplies conditional grants to help technological improvements. An MoU has been signed between Israeli entities and the Adani Group for cooperation in technological innovation.

This collaboration will deepen the present partnerships that Adani has already cast in Israel over the previous six years. The MoU will result in the creation of a state-of-the-art innovation platform, which can enable Adani companies to entry technological options offered by Israeli start-ups, whereby chosen innovation initiatives shall be supported by partnerships. This collaboration will present entry to local weather change, cyber, AI, IoT, 5G, agriculture and all these are the core companies of the Adani Group.

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