Latest news with #ALM
Bloomberg
2 days ago
- Business
- Bloomberg
Tungsten Producer Almonty Raises $90 Million in US Listing
Almonty Industries Inc. raised $90 million in its Nasdaq listing, as the tungsten producer moved to secure its ability to supply the US defense market. The company, which already trades in Toronto, Frankfurt and Australia, priced its offering of 20 million US shares at $4.50 each, according to a statement. The stock is set to start trading on Nasdaq Capital Market under the symbol ALM on Monday.
Time of India
4 days ago
- General
- Time of India
Mumbai civic body rolls out Rs 71cr Powai Lake clean-up tender work
Mumbai: Mumbai: Following repeated demands from concerned citizens and environmentalists, the Brihanmumbai Municipal Corporation (BMC) allotted the civil work on diverting the sewer water flow from Powai Lake and floated a tender for setting up a treatment plant near the site at a cost of over Rs 71 crore. Members of the BMC-appointed Advanced Locality Management Committee and NatConnect Foundation launched a joint campaign focusing attention on the deterioration of Powai Lake due to the direct inflow of untreated waste of 18 million litres a day. "The BMC officials have now met the Powai residents and informed us that the tender process of diverting the sewer line has been launched. This is good news for the lake,"said Pamela Cheema of the Save Powai Lake group. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Of late, crocodiles were spotted on the banks of the lake, prompting the environment lovers to raise concern over their safety, Cheema said. The lake, with abundant biodiversity has been covered with hyacinth, which the BMC failed to check despite a National Green Tribunal (NGT) order, following which the public awareness campaign was launched addressing the chief minister and BMC commissioner. "We are happy that commissioner Bhushan Gagrani has directed his team led by additional commissioner Abhijit Bangar, and the process of tender work to divert the sewer away from the lake has started," said NatConnect director B N Kumar. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Secure your family's future! ICICI Pru Life Insurance Plan Get Quote Undo The work on laying sewer pipelines was allotted to Swastik Constructions following an e-tender, papers given to ALM members at a meeting at S Ward on Friday. Stating that better late than never, ALM Chairperson Pamela Cheema remarked that the people of Powai are anxiously awaiting the speedy execution of the lake clean-up. The work is slated to start on July 21 with an 18-month deadline. In a related development, the civic body floated an e-tender for Rs 68.88 crore STP at Powai. The bids were to be opened on June 30, and details are awaited, said Milan Bhatt, an ALM member. BMC, meanwhile, commissioned harvester machines to clear the hyacinth following public pressure. But this measure proved to be grossly inadequate as the vegetation grew rapidly due to the continuous draining of sewer, NatConnect said. The end-to-end hyacinth sheet over the lake prevents the sun rays from penetrating the lake, thus badly impacting aquatic life. Meanwhile, NatConnect has taken up the dire state of Powai Lake with the Union Ministry of Environment, Forest and Climate Change (MOEFCC), which in turn asked the state environment director to take necessary action.
Miami Herald
6 days ago
- Business
- Miami Herald
Arrive AI selects Synoptek as a Strategic IT Partner to Power Global Expansion
INDIANAPOLIS, IN AND COSTA MESA, CA / ACCESS Newswire / July 10, 2025 / Arrive AI (NASDAQ:ARAI) - a pioneering autonomous delivery network anchored by Arrive Points™ - has selected Synoptek as a strategic IT partner to enable its rapid growth and global ambitions. Synoptek will provide Arrive AI with all the IT solutions it needs to support its business. With a recent injection of up to $40 million in funding from Streeterville Capital, Arrive AI is entering a critical growth phase. The company is preparing to launch its patented, autonomous delivery platform later this summer and expects to triple its staff size. "Synoptek's strategic approach, deep expertise, robust tech stack and strong partnerships with Microsoft and ServiceNow made it a clear choice," said Mark Hamm, COO of Arrive AI. "We were searching for a partner who could move at our pace and help us build a resilient IT foundation for global expansion. After conducting an exhaustive search, we knew Synoptek would be the partner we were looking for to provide all of IT capabilities we need to take our business to the next level" Under the three-year agreement, Synoptek will contribute to the solution definition, implementation and IT management, including, cybersecurity, enterprise-grade IT and 24/7 AI-enabled managed services operations. This engagement deepens Synoptek's presence in the high-growth logistics and manufacturing sector and aligns with its mission to deliver smart, secure and connected IT environments. "We're proud to serve as an extension of the Arrive AI team," said Salil Godika, CEO at Synoptek. "Together, we are building a resilient and secure IT backbone that supports innovation and scale. We deliver focused solutions that incorporate exceptional customer experiences, digital application engineering, and agile infrastructure. We are committed to providing Arrive AI with the technology foundation it needs to grow with confidence." Synoptek will provide advisory services and information sharing around security, AI and application innovation as Arrive AI continues to push boundaries in the AI transportation and logistics space. -30- About Arrive AI: Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at Media contact: Cheryl Reed at media@ Investor Relations Contact: Alliance Advisors IR at About Synoptek: Synoptek is a global, full-service business and digital technology solutions provider and advisory firm that helps companies envision, transform, and evolve their customer experiences, application ecosystems, and infrastructures. As a systems integrator and managed technology provider, Synoptek partners with organizations worldwide, helping them navigate the ever-changing technology landscape and build solid tech foundations for their businesses. With its comprehensive offerings, global workforce, and strategic technology partnerships, Synoptek helps companies optimize their IT environments and enable innovation through technology. With growth, ownership, inclusiveness, and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would", "optimistic" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. SOURCE: Arrive AI Inc.
Perth Now
09-07-2025
- Business
- Perth Now
Aloisi to continue as Western United coach
Socceroos legend John Aloisi has signed a two-year contract extension to remain as coach of embattled A-League Men outfit Western United. The fresh deal comes amid the ongoing saga surrounding United's future, with parent company Western Melbourne Group seeking to finalise a sale of the financially-stricken club to American investors. United are also looking to replace leading scorer Noah Botic, who earnt a move to Austrian Bundesliga outfit Austria Vienna through his dazzling ALM form last season. Aloisi led United to a semi-final appearance last season, when they were knocked out by eventual champions Melbourne City. The 49-year-old first took the reins at United in 2021 and steered the club to the ALM championship the following year. Now entering his fifth season in charge, he is the longest-serving coach in the club's short history. "I still see so much growth left on and off the pitch and I can't wait to continue this journey together as a club, with the support of our fans who have stuck by us through the highs and the lows," Aloisi said. "First season at Ironbark last season, and we already started to make it our fortress. "It was so special to play there in front of our home fans and I'm eager to see them all there again cheering our boys on. "I am super excited to continue working with this group of players. "We played some great attacking football last season and I know this group is still hungry to keep learning and improving." United, drawn to host Sydney FC in the Australia Cup round of 32 on July 29, are the last ALM club to appoint a head coach for the 2025-26 season. The make-up of Aloisi's coaching staff remains unclear, following the departure of assistant coach Andrew Durante last week. Durante has joined cross-town rivals Melbourne Victory as an assistant to Arthur Diles.
Time of India
02-07-2025
- Health
- Time of India
For improved patient care, city docs form lab med group
Kolkata: Doctors specialising in different streams of laboratory diagnosis and treatment came together in Kolkata to launch the Association of Laboratory Medicine (ALM) on Wednesday to enhance patient care in the city. While biochemistry, pathology, microbiology and transfusion medicine come under laboratory medicine, an umbrella body was the need of the hour as these specialists need collaboration for better patient care. The newly launched umbrella organisation includes doctors Tamal Kanti Ghosh, Pradip Mitra, Sankar Sengupta, Susutra Sen, SM Nadeem, Debasish Bhattacharya and Ashvini Sengupta among others, to outline ALM's academic and research work. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata During the launch, doctors said the Covid pandemic taught them the importance of working cohesively and the need to share knowledge for better patient services. They also mentioned that during a public health crisis, an umbrella body of laboratory medicine can help bring up specific guidelines. ALM will also work towards setting up reference standards specific to the population here, as most of these at present are international standards.
