Latest news with #DEAL
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Business Standard
a day ago
- Business
- Business Standard
Avantel shares jump 7% on winning multiple orders; details here
Shares of Avantel rose over 7 per cent in Monday's trade even as the markets fell, as the firm bagged multiple orders totalling ₹24.73 crore from domestic entities. The aerospace and defence manufacturer's stock rose as much as 7.15 per cent during the day to ₹166 per share, the steepest intraday gain since June 5 this year. The stock pared gains to trade 6.8 per cent higher at ₹165.6 apiece, compared to a 0.6 per cent decline in Nifty 50 as of 11:45 AM. Shares of the company rose for the third straight day on Monday. The counter has risen 13 per cent this year, compared to a 5.2 per cent advance in the benchmark Nifty 50. Avantel has a total market capitalisation of ₹4,390.42 crore, according to BSE data. Avantel secures two domestic orders Avantel secured two domestic orders worth a combined ₹24.73 crore, according to the company's exchange filings. The first order, valued at ₹13.67 crore, was awarded by the Defence Electronics Applications Laboratory (DEAL), DRDO, on June 20, 2025. The contract involves the development of Software Defined Radios (SDRs) and is expected to be completed by August 2027. The order includes a performance bank guarantee of 3 per cent. The second order, worth ₹11.06 crore, also received on June 20, comes from Mazagon Dock Shipbuilders Limited. The contract, covering a manufacturing scope, is scheduled for execution between April 2026 and August 2029 and carries a performance bank guarantee requirement of 5 per cent. Earlier this month, Imeds Global, a subsidiary of Avantel, set up a facility for design, development, and manufacturing of medical products at Andhra Pradesh MedTech Zone (AMTZ), Visakhapatnam. The facility is spread over 2 acres of land, with a built-up area of approximately 25,000 sq. ft., and is equipped with clean rooms, assembly, and testing infrastructure for manufacturing medical products. About Avantel Avantel is a technology-focused public company specialising in the design and manufacture of defence- and telecom-grade communication systems. It provides customised, network-centric wireless and satellite communication solutions—including MIL-standard products, digital microwave systems, signal-processing units, and embedded firmware/software.
Herald Sun
21-05-2025
- Sport
- Herald Sun
Best bets and expert tips for Pakenham races Thursday night
Don't miss out on the headlines from Horse Racing. Followed categories will be added to My News. News Corp form analyst Brad Waters looks at Thursday's meeting at Pakenham. • PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. SUBSCRIBE NOW! ■ ■ ■ ■ ■ BEST BET SALTBURN (Race 1 No.5 – $3.80) The three-year-old covered ground before being grabbed late at Geelong second-up. He'll be fitter again and looks ready to win at Pakenham. NEXT BEST MARINE GRADE (Race 4 No.5): Cranbourne trainer Mick Kent will produce the well-bred filly for the first time at Pakenham. Her jumpouts indicate a strong showing is likely. RICH LOVER (Race 7 No.6): Rich Lover has performed well at both runs to date, including at Wangaratta last time out. He'll have every chance from barrier one. VALUE BET SUPER TROOPER (Race 6 No.5): Trialled well before giving too much start in tricky conditions at Warrnambool. Fitter for this and will improve on better ground. THE JOCKEY BEN ALLEN Jockey Ben Melham heads to Pakenham for five rides on Thursday. BOTANICAL BOY (Race 2 No.1 – $2.90), FIERY DEAL (Race 4 No.10 – $8), BETWITCHERY (Race 5 No.4 – $2), ZOUPER FUND (Race 6 No.4 – $2.80), FEELING DUSTY (Race 8 No.4 – $4). Originally published as Best bets and value play for Pakenham races Thursday night
Zawya
03-03-2025
- Business
- Zawya
CORRECTION: DEAL 2025 to Drive Innovation and Growth in Middle East & Africa's (MEA) Leisure & Entertainment Industry
As governments across the MEA region are investing heavily to develop world-class tourism and entertainment infrastructure as part of their economic diversification strategies, the leisure and entertainment industry is experiencing a period of boom in the post-pandemic era. Driving growth for the industry are family entertainment centres (FECs) and theme parks, which are expected to record a compound annual growth rate (CAGR) of over 10% in the coming years, indicates a report by consulting company RedSeer. Moreover, the MEA gaming market is projected to surpass $5 billion by 2025, with Saudi Arabia and the UAE leading the way. DEAL 2025, the MEA region's premier leisure and entertainment exhibition, will return to Dubai World Trade Centre from April 8-10, 2025, reinforcing its role as a leading platform for excellence and industry collaboration. The event will showcase groundbreaking products, next-gen technology, and immersive experiences. Visitors will network with industry leaders such as UDC, Whitewater, Sega, Bandai Namco, Elaut, ICE, HB Leisure, Sela Group, Eurogames, Walltopia, Rainbow Productions, Teddy Mountain, Intercard, Semnox, Embed, Moser's Rides, iPlayco, Wavesurfer, Sacoa, Vekoma Rides, QubicaAMF, Huss Park Attractions, Delta Strike, Brunswick, Art Attack, Amusement Services International, Warehouse of Games and many more. Commenting on the upcoming DEAL Show, Abdul Rahman Falaknaaz, Chairman of International Expo Consults (IEC), the organiser of DEAL, said, 'Since 1994, DEAL has proudly pioneered and uplifted the leisure and entertainment industry across the MEA region. Today, DEAL is more than just an exhibition – it's a force that sparks innovation, nurtures connections and plays a pivotal role in shaping the future of fun and entertainment in the region and beyond. Together, as an industry, we promise to build a landscape that inspires and brings joy to millions.' Even after three decades and amid intensifying competition, with steadfast support from the UAE government, DEAL continues to play a key role in unlocking the regional leisure and entertainment industry's potential by connecting visionaries, innovators and stakeholders under one roof. The UAE government's support has enabled DEAL to showcase cutting-edge technologies, groundbreaking concepts and revolutionary ideas that promise to make the MEA leisure and entertainment industry even more vibrant. Register to attend DEAL 2025 to celebrate innovation, excellence and the future of entertainment. Be part of an event that inspires and shapes the future of the MEA leisure&entertainment industry. For more information, visit or contact [add contact details]. Distributed by APO Group on behalf of International Expo-Consults (IEC).
Zawya
01-03-2025
- Business
- Zawya
DEAL 2025 to Drive Innovation and Growth in Middle East & Africa's (MEA) Leisure & Entertainment Industry
As governments across the MEA region are investing heavily to develop world-class tourism and entertainment infrastructure as part of their economic diversification strategies, the leisure and entertainment industry is experiencing a period of boom in the post-pandemic era. Driving growth for the industry are family entertainment centres (FECs) and theme parks, which are expected to record a compound annual growth rate (CAGR) of over 10% in the coming years, indicates a report by consulting company RedSeer. Moreover, the MEA gaming market is projected to surpass $5 billion by 2025, with Saudi Arabia and the UAE leading the way. DEAL 2025, the MEA region's premier leisure and entertainment exhibition, will return to Dubai World Trade Centre from April 8-10, 2025, reinforcing its role as a leading platform for excellence and industry collaboration. The event will showcase groundbreaking products, next-gen technology, and immersive experiences. Visitors will network with industry leaders such as UDC, Whitewater, Sega, Bandai Namco, Elaut, ICE, HB Leisure, Sela Group, Eurogames, Walltopia, Rainbow Productions, Teddy Mountain, Intercard, Semnox, Embed, Moser's Rides, iPlayco, Wavesurfer, Sacoa, Vekoma Rides, QubicaAMF, Huss Park Attractions, Delta Strike, Brunswick, Art Attack, Amusement Services International, Warehouse of Games and many more. Commenting on the upcoming DEAL Show, Abdul Rahman Falaknaaz, Chairman of International Expo Consults (IEC), the organiser of DEAL, said, 'Since 1994, DEAL has proudly pioneered and uplifted the leisure and entertainment industry across the MEA region. Today, DEAL is more than just an exhibition – it's a force that sparks innovation, nurtures connections and plays a pivotal role in shaping the future of fun and entertainment in the region and beyond. Together, as an industry, we promise to build a landscape that inspires and brings joy to millions.' Even after three decades and amid intensifying competition, with steadfast support from the UAE government, DEAL continues to play a key role in unlocking the regional leisure and entertainment industry's potential by connecting visionaries, innovators and stakeholders under one roof. The UAE government's support has enabled DEAL to showcase cutting-edge technologies, groundbreaking concepts and revolutionary ideas that promise to make the MEA leisure and entertainment industry even more vibrant. Register to attend DEAL 2025 to celebrate innovation, excellence and the future of entertainment. Be part of an event that inspires and shapes the future of the MEA leisure&entertainment industry. For more information, visit or contact [add contact details]. Distributed by APO Group on behalf of International Expo-Consults (IEC).
