Adani Global, UAE’s IHC in JV for AI, IoT – Times of India

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Ahmedabad: Adani Global Limited, a wholly-owned subsidiary of the diversified conglomerate’s flagship company – Adani Enterprises Limited, on Thursday announced it has entered into a joint venture agreement with UAE-based International Holding Limited (Sirius). Sirius is a subsidiary of International Holding Company (IHC). The joint venture with 51% stake by Sirius and 49% stake by AEL, is aimed at deploying artificial intelligence (AI), internet of things (IoT) and secured blockchain products for industrial applications.
The closure of the transaction will be after satisfactory closing conditions and is subject to necessary approvals.

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