Latest news with #KAL
Yahoo
5 hours ago
- Business
- Yahoo
Brink's (BCO) Scales ATM Managed Services with KAL Investment and GCC Push
The Brink's Company (NYSE:BCO) is one of the 10 most undervalued industrial stocks to buy according to analysts. The Company (NYSE:BCO) has recently taken two significant steps that reinforce its long-term strategic focus on transforming ATM managed services and modernizing cash operations. These developments reflect Brink's efforts to expand its global reach through technology and collaboration. dade72/ On June 12, Brink's announced a strategic investment in KAL ATM Software, a company known for its hardware-independent ATM software. The investment supports Brink's broader plan to scale its ATM Managed Services (AMS) by helping banks and financial institutions manage diverse ATM fleets while delivering a consistent user experience. Brink's and KAL have already worked together on projects in Asia, the UK, and the Middle East. This investment is expected to deepen that partnership. According to Brink's CEO, Mark Eubanks, the partnership reinforces Brink's goal of delivering flexible, interoperable solutions that prioritize customer choice, which is critical in an increasingly digital environment. A few days earlier, Brink's launched a joint venture with Meedaf, a financial services firm licensed in the Abu Dhabi Global Market (ADGM). This partnership aims to upgrade ATM and cash services across the UAE and broader GCC region. Combining Brink's global technology and operational strengths with Meedaf's regional expertise, the joint venture will offer fully integrated solutions, ranging from cash-in-transit and money processing to advanced digital retail solutions, such as deposit machines and kiosks. Together, these moves show Brink's commitment to expanding its AMS platform while reinforcing its focus on innovation, execution, and regional growth. The Brink's Company (NYSE:BCO) provides cash and valuables management, digital retail solutions, and ATM managed services. While we acknowledge the potential of BCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
8 hours ago
- Automotive
- Time of India
KAL develops 3 new electric vehicles
T'puram: Kerala Automobiles Ltd (KAL) has developed three new electric vehicles with the aim of reaching new markets and consumers. The mini e-cart, with a track width of 60cm and capable of carrying 150kg, is suitable for transporting goods within campuses, farms, construction sites and narrow paths, as well as for waste removal. The mini e-cart plus, developed by KAL, with a track width of 85cm and capable of carrying 310kg, can be used for various cargo transportation needs. The inauguration of these vehicles will be done by industry minister P Rajeev at KAL campus on Wednesday. Along with this, inauguration of the specially designed ice cream carts for Milma will also be held. Animal husbandry minister J Chinchu Rani will receive the keys to the ice cream carts and will flag them off at KAL. KAL designed and manufactured the ice cream cart, named Milma Mili Cart, as per Milma's requirements. The first batch of 30 units is aimed to be distributed equally among Milma's Thiruvananthapuram, Kochi and Kozhikode regional cooperative milk producers' unions. Milma intends to continue manufacturing the required ice cream carts through KAL in the future. It features a customizable carriage box and tipping mechanism. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Matina Crossing: Scholarships You Can Apply For (Start Now) College Scholarship | Google Search Search Now Undo This roadworthy vehicle can also be used for waste removal. The electric buggy 1.0, with a track width of 85cm, can accommodate five passengers. It is suitable for transportation within campuses, colleges, resorts and hospitals. According to KAL chairman Pulluvila Stanly, KAL is also operating a modern machine shop capable of supplying high-precision components to aerospace and defence institutions like VSSC, Isro, BrahMos and LPSC. The manufacturing and marketing of electric scooters will commence soon. He said that KAL is also planning to expand the marketing of garbage carts to neighbouring states and customize e-carts to manufacture mobile food carts. The company aims to launch electric autos in the North Indian market, develop a new model electric auto with more mileage and comfort and an electric pickup capable of carrying over 500kg.
