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The Income Tax Department on Friday declared that it has recovered unaccounted deposits of more than Rs 55 crore in the seizure and search procedures that it carried out on premises of the former fund managing director, chief trader and manager of equity from Axis Mutual Fund Viresh Joshi and the sharebrokers associated with him middlemen and entry operators.

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Adani Enterprises today signed an MoU with the Israel Innovation Authority (IIA) an agency that is funded by the public that oversees innovation. The MoU will enable Adani firms to gain access offered by Israeli startup companies. The collaboration will extend across cyber, climate change AI IoT, 5G and agriculture, and IoT - each of these are key business areas for Adani. This MoU with Israel comes weeks after the Adani group purchased the Israeli Haifa port last July, for $1.18 billion. It is aimed at establishing more efficient trade routes among India, Europe and the Middle East.

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