Latest news with #Voltage
Daily Record
4 days ago
- Business
- Daily Record
Rob Cross gets five-year director ban as former darts world champion punished over unpaid tax
"Voltage" is facing suspension until 2030 after payments issue Former World Darts champion Rob Cross has received a five-year ban as a director after his company failed to pay over £400,000 in tax. The 2018 king of the Alexandra Palace has been disqualified with commentary on the situation coming today from The Insolvency Service. Rob Cross Darts Limited was set up in May 2017 to receive prize money, but it was liquidated in 2023. During that time he failed to pay more than £400,000 to HMRC while also withdrawing £300,000 in money which should have been paid to creditors. "Voltage" has now entered an Individual Voluntary Arrangement to pay the monies off and how much he will contribute via this arrangement depends upon his earnings at darts tournaments. Kevin Read, chief investigator at the Insolvency Service, said: 'When directors fail to pay the correct amount of tax, it directly impacts the government's ability to fund vital public services such as the NHS, schools, transport infrastructure, and our national defence. 'Rob Cross's company owed more than £400,000 in corporation tax alone when it went into liquidation. 'For more than three years, he withdrew funds from the company which should have gone to HMRC and other creditors. 'This case demonstrates that we will pursue action against directors who deprive the public purse of much-needed funds. 'The rules apply equally to everyone in business, and we expect all company directors to comply with their legal responsibilities. 'Enforcing these rules consistently is crucial in maintaining a level playing field and preventing companies from gaining an unfair competitive advantage over compliant businesses that properly fulfil their tax obligations.' You can get all the news you need on our dedicated Rangers and Celtic pages, and sign up to our newsletters to make sure you never miss a beat throughout the season. We're also on WhatsApp where we bring all the latest breaking news and transfer gossip directly to you phone. Join our Rangers community here and our Celtic community here.
Business Standard
5 days ago
- Business
- Business Standard
Rajesh Power rises on securing MGVCL contracts as L1 bidder
Rajesh Power Services (RPSL) added 1.98% to Rs 1,335.50 after the company has been declared the successful bidder (L1) for multiple projects under the Madhya Gujarat Vij Company (MGVCL). These include a turnkey contract for the supply, installation, testing, and commissioning of 11KV Medium Voltage Covered Conductor (MVCC) at various locations under the Kisan Suryoday Yojna (KSY) Scheme. Additionally, the company has secured two more contracts under the VKY-2 Scheme for the supply and installation of 11KV MVCC in Bodeli & Dabhoi Division and Dahod & Lunawada Division. These projects are expected to enhance the distribution network in the region, further strengthening the companys position in the power and infrastructure sectors. Rajesh Power Services (RPSL) provides consultancy to state transmission and distribution companies, private utilities, and industries. On full-year basis, the companys net profit surged 285.5% to Rs 26.02 crore on 37.5% jump in net sales to Rs 284.97 crore in FY25 over FY24.
Business Standard
5 days ago
- Business
- Business Standard
Rajesh Power Services successfully bids for projects of Madhya Gujarat Vij Company
Rajesh Power Services has received bid confirmation of Lowest Bid at the L1 Stage, being declared as the Successful Bidder for the following various projects:- 1. Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) at various locations under Kisan Suryoday Yojna (KSY) Scheme of Madhya Gujarat Vij Company (MGVCL). 2. Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) in Bodeli & Dabhoi Division under VKY-2 Scheme of Madhya Gujarat Vij Company (MGVCL). 3. Turnkey Contract for Supply, Installation, Testing and Commissioning of 11KV Medium Voltage Covered Conductor (MVCC) in Dahod & Lunawada Division under VKY-2 Scheme of Madhya Gujarat Vij Company (MGVCL).
Yahoo
5 days ago
- Business
- Yahoo
High Growth Tech Stocks in Asia Featuring Three Prominent Companies
As global markets navigate the complexities of trade policies, with smaller-cap indexes showing positive returns despite lagging behind major counterparts, Asia's tech sector continues to capture attention amid evolving economic landscapes. In this context, identifying high-growth tech stocks requires a keen understanding of market dynamics and potential resilience to external pressures, making it essential to focus on companies that demonstrate robust innovation and adaptability. Name Revenue Growth Earnings Growth Growth Rating Suzhou TFC Optical Communication 29.68% 30.37% ★★★★★★ Fositek 26.71% 33.90% ★★★★★★ Shengyi Electronics 22.99% 35.16% ★★★★★★ Shanghai Huace Navigation Technology 24.40% 23.42% ★★★★★★ Range Intelligent Computing Technology Group 27.31% 28.63% ★★★★★★ ALTEOGEN 54.36% 69.84% ★★★★★★ Nanya New Material TechnologyLtd 22.72% 63.29% ★★★★★★ PharmaResearch 24.38% 25.85% ★★★★★★ eWeLLLtd 24.95% 24.40% ★★★★★★ JNTC 54.24% 87.93% ★★★★★★ Click here to see the full list of 493 stocks from our Asian High Growth Tech and AI Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Growth Rating: ★★★★☆☆ Overview: SUNeVision Holdings Ltd. is an investment holding company that offers data centre and IT facility services in Hong Kong, with a market capitalization of approximately HK$27.77 billion. Operations: SUNeVision Holdings generates revenue primarily from its data centre and IT facilities services, totaling HK$2.64 billion, along with additional income from Extra-Low Voltage (ELV) and IT systems amounting to HK$217.70 million. SUNeVision Holdings, with a robust 19.1% annual revenue growth, outpaces the Hong Kong market average of 8.1%. The company's earnings have also seen a commendable increase, growing by 18.3% annually, which is significantly higher than the local market's 10.3%. Notably, their R&D investment strategy reflects a commitment to innovation; however, specific expenditure figures are crucial for evaluating its impact on future capabilities and market position. Despite challenges in covering debt through operating cash flow, SUNeVision maintains a promising trajectory in the tech sector with an anticipated high return on equity at 23.2% in three years' time. Click here to discover the nuances of SUNeVision Holdings with our detailed analytical health report. Explore historical data to track SUNeVision Holdings' performance over time in our Past section. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Kingboard Laminates Holdings Limited is an investment holding company that manufactures and sells laminates across the People's Republic of China, Europe, other Asian countries, and the United States, with a market cap of HK$28.17 billion. Operations: The company primarily generates revenue from its laminates segment, contributing HK$18.30 billion, with additional income from properties and investments at HK$126.67 million and HK$109.81 million, respectively. Kingboard Laminates Holdings has demonstrated a robust financial performance with earnings soaring by 46.1% over the past year, significantly outpacing the electronics industry's average growth of 17.1%. This surge is supported by an aggressive R&D investment strategy, crucial for maintaining its competitive edge in a rapidly evolving tech landscape. The company also announced a special dividend of HKD 0.3 per share, reflecting confidence in its financial health and commitment to shareholder returns. With annual earnings expected to grow by 23.2%, Kingboard is strategically positioned to leverage market opportunities, particularly as it continues expanding its product offerings in high-demand sectors. Take a closer look at Kingboard Laminates Holdings' potential here in our health report. Gain insights into Kingboard Laminates Holdings' historical performance by reviewing our past performance report. Simply Wall St Growth Rating: ★★★★★☆ Overview: Dmall Inc. is an investment holding company that offers retail digitalization solutions to retailers across various regions including China, Hong Kong, Macau, the Philippines, Malaysia, Singapore, and Poland with a market capitalization of approximately HK$9.26 billion. Operations: Dmall Inc. generates revenue primarily from its Retail Core Service Cloud, contributing CN¥1.81 billion, while its E-Commerce Service Cloud adds CN¥4.28 million to the total revenue stream. Dmall, despite a challenging fiscal year with a net loss widening to CNY 2.20 billion from CNY 592.36 million, shows promising signs of recovery with revenue up by 17.3% to CNY 1.86 billion. This growth is underpinned by significant R&D investments aimed at innovation and market expansion in the competitive tech landscape of Asia. Looking ahead, Dmall is expected to turn profitable within three years, bolstered by an anticipated annual earnings growth rate of 108.17%, reflecting its potential resilience and adaptability in the high-growth tech sector. Delve into the full analysis health report here for a deeper understanding of Dmall. Learn about Dmall's historical performance. Unlock our comprehensive list of 493 Asian High Growth Tech and AI Stocks by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:1686 SEHK:1888 and SEHK:2586. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Miami Herald
27-05-2025
- Business
- Miami Herald
ALT5 Sigma Launches Lightning Network Integration to Power Instant Bitcoin and Tether Payments in Partnership with Voltage
Support for Bitcoin and Stablecoins on Lightning Underscores ALT5's Commitment to Scalable, Real-Time Settlement Infrastructure LAS VEGAS, NEVADA / ACCESS Newswire / May 27, 2025 / ALT5 Sigma Corporation (the "Company" or "ALT5") (NASDAQ:ALTS)(FRA:5AR1), a fintech company that delivers blockchain-powered payment and trading infrastructure for global merchants and financial institutions, today announced that Lightning Network capabilities are now live on its platform. This upgrade enables instant, low-cost Bitcoin payments on ALT5 and lays the foundation for Tether (USDT) stablecoin support over Lightning, delivering a powerful combination of speed, stability, and cost-efficiency for enterprises that depend on high-frequency digital transactions. ALT5's Lightning integration is made possible through Voltage, a leading provider of enterprise-grade Lightning infrastructure. By embedding Lightning into its Crypto-as-a-Service ecosystem, ALT5 enables clients to benefit from real-time settlement, whether transacting in Bitcoin or increasingly in stablecoins such as USDT. "Real-time payments are no longer optional-they're becoming essential for modern finance," said Peter Tassiopoulos, CEO of ALT5 Sigma. "With Lightning now available on our platform, we're giving institutions a direct path to instant Bitcoin payments and preparing for the growing demand for stablecoin settlement over Lightning." The introduction of Lightning on ALT5 unlocks a new class of use cases for digital asset settlement, particularly in cross-border commerce, high-frequency trading, and global merchant payments. Clients can now dramatically reduce fees and confirmation times, while maintaining the robust compliance and operational controls built into ALT5's infrastructure. "The ability to move Tether over Lightning is an inflection point for the industry," said Graham Krizek, CEO of Voltage. "It's a stable, scalable payment method layered on top of Bitcoin's security and ALT5 is making that future accessible to institutions today." The evolving potential for stablecoin settlement over Lightning presents new opportunities for financial platforms. ALT5 is closely monitoring this space as part of its ongoing commitment to delivering scalable, future-ready payment infrastructure for global enterprises. With Lightning now integrated, ALT5's platform supports a full range of crypto transaction protocols, enabling real-time settlement across Bitcoin, stablecoins, and multiple networks. Regardless of the asset or underlying technology, transactions can now be initiated, routed, and settled through ALT5's unified infrastructure. For more information on ALT5 Sigma's payment solutions and its integration with Voltage, visit About ALT5 Sigma ALT5 Sigma Corporation (NASDAQ:ALTS)(FRA:5AR1) is a fintech company, providing next generation blockchain-powered technologies for tokenization, trading, clearing settlement, payment and safe keeping of digital assets. The Company is one of the constituents of the Russell Microcap Index, as of June 28, 2024. Founded in 2018, ALT5 Sigma, Inc. (a wholly owned subsidiary of ALT5 Sigma Corporation), provides next-generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT5 Sigma, Inc., through its subsidiaries, offers two main platforms to its customers: "ALT5 Pay" and "ALT5 Prime." ALT5 Sigma has processed over $5 billion USD in cryptocurrency transactions since inception. ALT5 Pay is an award-winning cryptocurrency payment gateway that enables registered and approved global merchants to accept and make cryptocurrency payments or to integrate the ALT5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT5 Pay's checkout widgets and APIs. Merchants have the option to convert to fiat currency(s) automatically or to receive their payment in digital assets. ALT5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT5 Prime is available through a browser-based access mobile phone application named "ALT5 Pro" that can be downloaded from the Apple App Store, from Google Play, through ALT5 Prime's FIX API, as well as through Broadridge Financial Solutions' NYFIX gateway for approved customers. The Company is working on the separation of our biotech business that will move forward under "Alyea Therapeutics Corporation." Through its biotech activities, the Company is focused on bringing to market drugs with non-addictive pain-relieving properties to treat conditions that cause chronic or severe pain. Our patented product, a novel formulation of low-dose naltrexone (JAN123), is being initially developed for the treatment of Complex Regional Pain Syndrome (CRPS), an indication that causes severe, chronic pain generally affecting the arms or legs. The FDA has granted Jan123 Orphan Drug Designation for treatment of CRPS. About Voltage Voltage is a leading enterprise Lightning Network provider, offering scalable infrastructure for businesses looking to integrate instant, low-cost Bitcoin payments. With a mission to drive mainstream Lightning adoption, Voltage provides businesses with the tools they need to leverage Bitcoin's fastest and most efficient payment layer. Forward Looking Statements This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the profitability and prospective growth of ALT5's platforms and business that may include, but are not limited to, international currency risks, third-party or customer credit risks, liability claims stemming from ALT5's services, and technology challenges for future growth or expansion. This press release also may contain statements or links relating to risks that JAN 101 will treat PAD, that JAN 123 will treat CRPS, the timing of the commencement of clinical trials, that the FDA will permit approval through a 505(b)(2) pathway for JAN 123, that upon approval JAN 101 will immediately disrupt the PAD market, and other statements, including words such as "continue", "expect", "intend", "will", "hope", "should", "would", "may", "potential", and other similar expressions. Such statements reflect the Company's current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social uncertainties, and contingencies. Many factors could cause the Company's actual results, performance, or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company's periodic reports filed with the Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled "Risk Factors" in the Company's filings with the SEC underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. The Company cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. Media Contact Media/Investor RelationsALT5 Sigma Corporation ir@ SOURCE: ALT5 Sigma Corp.
