Rail Vision's stock surged 34.4% to $1.04 after the company received certification approval for its MainLine Systems on Israel Railways' passenger locomotives, triggering a $300,000 milestone payment and positioning it for potential future volume procurement. Rail Vision's CEO emphasized the certification demonstrates the company's commitment to excellence and industry standards.
Open FlipAnlon Healthcare, a Rajkot-based pharmaceutical manufacturer, has refiled its IPO draft papers with SEBI, seeking to raise funds through a fresh issue of 1.4 crore equity shares, with no offer-for-sale component, to expand its manufacturing facility, repay debt, and meet working capital requirements. Anlon Healthcare, a Rajkot-based pharmaceutical manufacturer.
Open FlipThe country’s private telecom operators face twin challenges on investment recovery in the New Year – customers leaving their network after tariff hikes and satellite players mainly Elon Musk’s Starlink eyeing a chunk of their bread and butter data business. Private operators have invested around ₹70,000 crore in telecom infrastructure and radio wave assets this year to expand.
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