Sat, Dec 28, 2024 6:55 PM
Anlon Healthcare refiles IPO papers for fresh issue of 1.4 crore shares
A Flip by Riya Sharma
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.
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The ongoing AI boom has made energy stocks one of the hottest corners of investing. Once-boring utility companies are soaring as tech giants look to feed their ravenous data centers, while three of the top 10 best performing stocks in the S&P 500 this year are wholesale power providers with nuclear businesses. Meanwhile, all this demand for energy is lifting another set of companies.
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The 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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