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Route Mobile gains on acquiring AI firm Phonon Communications

Route Mobile rose 1.61% to Rs 1634.75 after the company said that it will acquire Phonon Communications (Phonon), a communications automation platform provider, for Rs 29 crore. Phonon Communications is engaged in the business of providing telecommunication value added solutions including Audiotex services, Voice Mail services, Computer Telephony Integration (CTI), hosted Interactive Voice Response (IVR) services. SMS systems, audio conferencing. visual IVR (iDelivr) and contact centre automation products and services and associated solutions. The acquisition allows Route Mobile to leverage Phonon s supercharged customer experience platform and enable brands to deliver personalized experiences across digital touchpoints. Phono offers a complete suite of conversational AI-driven contact centre solutions with integration on cloud platforms like AWS, Azure, and Google Cloud.

Opinion: A cheat sheet for our fresh city council

Spring has sprung and with the warmer weather and longer days has come a batch of newly sworn city councilors. Following the April 6 election, City Hall has four new faces and five incumbents at the dais. While the philosophical leanings of this nascent council aren’t too different — based on election season platforming — from the previous council, there’s a lot for this new grouping to consider from Day 1. So here’s a cheat sheet to help them get started.  1) Show a stronger commitment to parks, open space and trails. The previous council voted 5 to 4 in February to approve a package of parks amendments that will shrink developers’ dedicated parkland requirement by 2 acres per 1,000 residents, from 7.5 acres to 5.5 acres. The ordinance also increases fees paid in place of dedicating parkland and requires those fees to be used in areas where housing that initiated the fee is built. The new council should revisit the issue and amend the requirements t

APL Apollo Tubes Ltd in demand

APL Apollo Tubes Ltd is quoting at Rs 1315.1, up 2.13% on the day as on 12:49 IST on the NSE. The stock is up 429.02% in last one year as compared to a 55.77% jump in NIFTY and a 178.74% jump in the Nifty Metal index. APL Apollo Tubes Ltd gained for a third straight session today. The stock is quoting at Rs 1315.1, up 2.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 14612.8. The Sensex is at 48766.95, up 0.79%. APL Apollo Tubes Ltd has slipped around 5.67% in last one month. Meanwhile, Nifty Metal index of which APL Apollo Tubes Ltd is a constituent, has slipped around 16.87% in last one month and is currently quoting at 4536.3, up 2.1% on the day. The volume in the stock stood at 91407 shares today, compared to the daily average of 2.38 lakh shares in last one month.

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