An MoU is not a legally binding contract but can often serve as the first step toward a formal contract. MoUs can be executed between private businesses, national governments, and state or local ...

The first MoU was signed by Prof. Himanshu Rai, Director, IIM Indore, alongside Dr. Kristi Bache, Pro-rector of Research and Artistic Development at Kristiania University College. The second MoU ...