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Ashoka Buildcon bags Rs 1,387 crore traffic management projects across Maharashtra
Ashoka Buildcon bags Rs 1,387 crore traffic management projects across Maharashtra

Business Upturn

time3 days ago

  • Automotive
  • Business Upturn

Ashoka Buildcon bags Rs 1,387 crore traffic management projects across Maharashtra

By Aman Shukla Published on June 5, 2025, 15:36 IST Ashoka Buildcon Limited, along with its subsidiary Ashoka Purestudy Technologies Private Limited (APTPL), has received confirmation for multiple contracts from the Motor Vehicles Department of Maharashtra. The projects involve the design, implementation, integration, operation, and maintenance of Intelligent Traffic Management Systems (ITMS) across several key regions in the state. The awarded contracts cover the Nagpur, Mumbai, Pune, Konkan & Western Maharashtra, and Marathwada circles. Each project is set to run for a duration of ten years following the completion of a 15-month implementation period. The total estimated value for all projects, including GST, stands at over ₹1,387 crore, with individual allocations ranging from around ₹179 crore in Nagpur to nearly ₹315 crore in the Konkan & Western Maharashtra and Marathwada regions. These contracts mark a significant infrastructure initiative by the state's transport authorities aimed at enhancing traffic management and road safety. The work orders are expected to be issued soon, which will confirm the final value of the projects. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

QFIN Vs BYRN: Which Niche Tech Stock Belongs in Your Portfolio?
QFIN Vs BYRN: Which Niche Tech Stock Belongs in Your Portfolio?

Yahoo

time28-05-2025

  • Business
  • Yahoo

QFIN Vs BYRN: Which Niche Tech Stock Belongs in Your Portfolio?

Both Qifu Technology, Inc. QFIN and Byrna Technologies Inc. BYRN are lesser-known tech companies. While QFIN is a Chinese AI-driven consumer finance company, BYRN operates in the non-lethal self-defense technology sector, offering innovations and high growth potential. Despite their obscurity, these companies cater to a significantly tech-savvy user base. The comparative analysis of these two companies could benefit investors interested in low-profile tech stocks. QFIN relies on technological advancements to power its risk management practices. The company's AI + Finance strategy is changing the whole dynamic of credit services. In the first quarter of 2025, QFIN reported 15.8% year-over-year growth in loan origination, and its registered user base increased 11.1%. This improvement is led by the company's industry-first Intelligent Agent for Core Credit Business — a system of smart modules that streamline operations, improve risk management and create bespoke financial services. The company utilizes AI models to evaluate vast datasets to identify creditworthy individuals and small and medium enterprises, expanding its customer base while reducing defaults. Qifu Technology has improved its risk metrics by upgrading application and collection scorecards with AI, including LLMs, for real-time user communication data analysis and refinement of partner management. AI and big data are huge parts of QFIN's user acquisition strategy. The company's AI-led marketing strategy has improved its user profiling accuracy across channels, with a conversion rate of new credit line users to new borrowers growing 33% from the year-ago quarter in the first quarter of 2025. Finally, Qifu Technologyutilizes intelligent credit engine technology to operate a light capital model, contributing to its profitability and scalability. BYRN's technological advancements contribute to enhancing its product performance and appeal. The company's patented 'first-shot, pull-pierce' technology ensures that the Byrna launcher is ready to use all the time, addressing major drawbacks of other CO2-led devices. Reliability as such is a massive selling point for personal safety, making the product more appealing to customers and law enforcement, improving brand trust. Byrna Technologies' blunt impact projectile, a patented energy absorption system, is less lethal yet efficient, which is crucial for the company's target markets and sets it apart from competitors. The company employs technology to create designs that are miniature and user-friendly, thereby expanding the market for its products. This strategy enhances accessibility and convenience for a diverse range of users, including those who are uneasy with traditional ammunition. Furthermore, the company is boosting production and is preparing the initiation of its Compact Launcher in mid-2025. Byrna Technologies has augmented launcher production by 33% in the first quarter of 2025, touching 24,000 units per month to meet the increasing market demand and fuel operational expansion. Shifting ammunition production domestically is improving its supply chain and is anticipated to enhance product margins. These technological investments and market initiatives are estimated to drive growth throughout 2025 and in the future, positioning the company for prolonged success. The Zacks Consensus Estimate for Byrna Technologies' fiscal 2025 sales is pegged at $111.7 million, suggesting 30.2% year-over-year growth. The consensus estimate for earnings is pegged at 35 cents, indicating a 12.9% rise from the preceding year's actual. Two estimates for fiscal 2025 have moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Qifu Technology's 2025 sales is pegged at $2.6 billion, implying 7.6% year-over-year growth. The consensus estimate for earnings is pegged at $6.94 per share, indicating 22.6% year-over-year growth. One estimate for 2025 has moved north in the past 60 days versus no southward revisions. Image Source: Zacks Investment Research QFIN's forward earnings multiple is 61.74X, lower than its 12-month median of 92.59X. BYRN's 5.83X is slightly lower than its median of 5.84X. Image Source: Zacks Investment Research Qifu Technology and Byrna Technologies are impressive tech stocks. While QFIN leverages technology by providing credit access to customers, BYRN utilizes technical advancements to design and manufacture less-lethal personal security solutions. BYRN appears to be a more compelling investment option since the personal security device market holds untapped potential, mainly compared with the fintech market, which is competitive and more mature. Furthermore, BYRN, a fundamentally strong stock, is significantly cheaper than QFIN, making it a more compelling opportunity for growth-focused investors today. Byrna Technologies and Qifu Technology both have a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report Byrna Technologies Inc. (BYRN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

A new era for warehouse logistics with PSA Singapore's AI-powered iWX platform
A new era for warehouse logistics with PSA Singapore's AI-powered iWX platform

Business Times

time16-05-2025

  • Business
  • Business Times

A new era for warehouse logistics with PSA Singapore's AI-powered iWX platform

[SINGAPORE] As one of the world's busiest and most advanced maritime hubs, Singapore is constantly seeking innovative solutions to maintain its competitive edge in global trade. At the heart of this drive for excellence is PSA Singapore, whose Intelligent Warehouse Exchange (iWX) platform is redefining warehouse logistics for the digital age. By harnessing the power of artificial intelligence (AI), real-time data and predictive analytics, iWX is setting new standards for efficiency, sustainability and collaboration – solidifying Singapore's reputation as a leading global port city. Traditionally, warehouse logistics suffer from poor equipment visibility, space congestion, unpredictable trip schedules and inefficient communication. Bottlenecks uncovered iWX was developed using a design-thinking approach mapping user pain points, analysing six months of operational data from PSA terminals, Keppel Distripark, and digital systems such as Portnet and SmartBooking, and iteratively prototyping solutions. The process uncovered bottlenecks such as inconsistent dwell times, irregular traffic patterns and inefficient container reuse coordination. A key differentiator of iWX is its use of machine-learning models that analyse historical gate-in/gate-out data, container attributes and transporter details to predict when containers will be ready for reuse after unstuffing. These AI-powered insights enable the system to recommend suitable containers for reuse among stakeholders, maximising asset utilisation and reducing the need for new container procurement. When reuse is not feasible, iWX's optimisation engine recommends returning containers to the nearest On-Dock Depot (ODD), minimising unnecessary transport, trucking distances and carbon emissions. SEE ALSO AI boosts efficiency of LionsBot robot cleaners GET BT IN YOUR INBOX DAILY Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up VIEW ALL iWX's marketplace model ensures transparency in container availability while safeguarding sensitive trade data. It respects stakeholder autonomy by allowing shipping lines, as container owners, to approve or reject reuse requests, and hauliers (the reuse requestors) to withdraw their requests if necessary. This balanced approach ensures fair and efficient decision-making for all parties involved.

Exploring Next-Gen AI Technologies at the Google Cloud India Summit 2025
Exploring Next-Gen AI Technologies at the Google Cloud India Summit 2025

Hindustan Times

time07-05-2025

  • Business
  • Hindustan Times

Exploring Next-Gen AI Technologies at the Google Cloud India Summit 2025

New Delhi [India], May 7: Gain real-time insights into the latest developments in Cloud Technology and AI by joining the Google Cloud India Summit 2025 Livestream from Delhi on May 8th, starting 10:30 AM keynote address, "Building the Intelligent Future," will focus on Gemini 2.5, Google's latest AI model, and how it's changing what developers can do. You'll also hear from companies already using Google Cloud in a panel discussion about making their tech platforms work smoothly and keeping a close eye on their cloud systems. Plus, get a quick, direct look at some of Google's newest tech in action. What you can expect if you tune in: See the Big Picture: Learn about the latest in AI, like Gemini 2.5, and how Google Cloud sees the future for those who build software. Customer Panel Discussion: Platform Engineering and Cloud Observability: Insights from the real world Demo Slam: Get a firsthand look at Google's latest innovations! If you're interested in knowing what's new is happening in AI and Cloud, this is a chance to get valuable insights without the travel. Mark your calendar for May 8th and join the Google Cloud India Summit 2025 online. Registration is now open at: Note To Readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently. Want to get your story featured as above? click here!

Udemy to Present at the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference
Udemy to Present at the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference

Yahoo

time05-05-2025

  • Business
  • Yahoo

Udemy to Present at the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference

Fireside chat to be webcast live at 8:40 a.m. ET on May 14 SAN FRANCISCO, May 05, 2025--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading AI-powered reskilling platform, today announced that Chief Executive Officer Hugo Sarrazin will participate in a fireside chat session during the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference. On Wednesday, May 14, 2025 at 8:40 a.m. ET, a live webcast of the fireside chat discussion will be available through the "Events & Presentations" section of Udemy's investor relations website at An archived replay of the webcast will be available for approximately 30 days following the event. About Udemy Udemy (Nasdaq: UDMY) transforms lives through learning by ensuring everyone has access to the latest and most relevant skills. Through the Udemy Intelligent Skills Platform and a global community of diverse and knowledgeable instructors, millions of learners gain expertise in a wide range of technical and professional skills — from generative AI to leadership. The Udemy marketplace provides learners with thousands of up-to-date courses in dozens of languages, offering a variety of solutions to achieve their goals. Udemy Business empowers enterprises to offer on-demand learning for all employees, immersive learning for tech teams through Udemy Business Pro, and cohort learning for leaders through Udemy Business Leadership Academy. Udemy Business customers include FenderⓇ, Glassdoor, On24, The World Bank and Volkswagen. Udemy is headquartered in San Francisco with hubs in Austin and Denver, USA; Ankara and Istanbul, Türkiye; Dublin, Ireland; Melbourne, Australia; and Chennai, Gurugram, and Mumbai, India. View source version on Contacts Investor Contact: Dennis WalshVice President, Investor

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