STL

STL's rated a top ESG performer by MSCI; made significant advances in EcoVadis Sustainability Index

Retrieved on: 
Monday, August 14, 2023

STL received a rating of 'A' in the assessment by MSCI for its ESG efforts.

Key Points: 
  • STL received a rating of 'A' in the assessment by MSCI for its ESG efforts.
  • MSCI rates company policies and actions related to key metrics such as responsible sourcing, clean technology usage, and more on an industry-relative AAA-CCC scale.
  • STL has also been awarded the Silver medal with an overall score of 92 percentile in the EcoVadis Sustainability assessment.
  • The company improved its score in 3 out of 4 categories - Environment, Labour and Human Rights, and Ethics.

Interac® Debit to be available for TTC riders

Retrieved on: 
Thursday, August 10, 2023

"With availability across the PRESTO network, transit users throughout the entire Greater Toronto Area can ride with confidence knowing debit is available.

Key Points: 
  • "With availability across the PRESTO network, transit users throughout the entire Greater Toronto Area can ride with confidence knowing debit is available.
  • Since the first launch of Interac Debit contactless payments on select transit agencies in 2021, approximately one-third (32 per cent) of Interac Debit transit transactions use a mobile wallet.
  • In May, Interac Debit became available as a contactless payment option on nine transit agencies across the PRESTO fare system .
  • "When transit agencies enable Interac Debit payments, they're offering riders a payment method that almost 30 million Canadians use for day-to-day transactions."

STL wins a Rs 250 crore deal for building and maintaining data centres for a public sector entity

Retrieved on: 
Thursday, August 3, 2023

LONDON, Aug. 3, 2023 /PRNewswire/ -- STL (NSE: STLTECH), a leading optical and digital solutions company , today, announced a partnership with a public sector entity.

Key Points: 
  • LONDON, Aug. 3, 2023 /PRNewswire/ -- STL (NSE: STLTECH), a leading optical and digital solutions company , today, announced a partnership with a public sector entity.
  • In this multi-year agreement, STL will design, build, commission, and maintain 2 data centre facilities, with service deployment across multiple network sites across India.
  • STL will also be responsible for 3 years of operations & management to ensure the reliable functioning of the envisaged project.
  • Speaking on this collaboration, Praveen Cherian, CEO-Global Services Business, STL, said: "STL has over a decade of experience in building and managing data centres.

STL delivers strong operating profitability, continues customer momentum in Q1FY24

Retrieved on: 
Thursday, July 27, 2023

Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.

Key Points: 
  • Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.
  • The company also delivered operational profitability with a steady EBITDA percentage of 15.4% in the current quarter.
  • The company continued to show momentum in its key markets and businesses while keeping customer-centricity and profitability at the core.
  • Last quarter STL announced its foray into the multi-trillion dollar IT services industry with STL Digital.

STL delivers strong operating profitability, continues customer momentum in Q1FY24

Retrieved on: 
Thursday, July 27, 2023

Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.

Key Points: 
  • Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.
  • The company also delivered operational profitability with a steady EBITDA percentage of 15.4% in the current quarter.
  • The company continued to show momentum in its key markets and businesses while keeping customer-centricity and profitability at the core.
  • Last quarter STL announced its foray into the multi-trillion dollar IT services industry with STL Digital.

Flock Freight Announces New API Integration for Instant FlockDirect® Spot Rates

Retrieved on: 
Tuesday, July 25, 2023

Flock Freight , the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, announced today that shippers can now access instant FlockDirect® spot rates through its latest API integration, directly on the Oracle® Transportation Management (OTM) native platform.1

Key Points: 
  • Flock Freight , the only FreightTech company creating a smarter, more sustainable supply chain by pooling freight at scale, announced today that shippers can now access instant FlockDirect® spot rates through its latest API integration, directly on the Oracle® Transportation Management (OTM) native platform.1
    Flock Freight's cutting-edge FlockDirect offering harnesses the power of artificial intelligence and machine learning to revolutionize shared truckload (STL) shipments.
  • By intelligently pooling diverse-sized freight, FlockDirect moves shippers’ goods along direct terminal-free routes, delivering lower costs while providing more secure delivery with minimal damage.
  • By allowing Flock and Oracle’s platforms to communicate in near real-time via an API connection, the Oracle OTM integration enables shippers to:
    Get instant spot rates on Flock’s efficient, cost-saving FlockDirect offering tailored to their freight size without leaving OTM’s interface
    Streamline workflows by tendering orders without visiting multiple platforms, manually calling or emailing, or waiting to hear back on a quote
    To learn more about how Flock’s integration works, review our step-by-step Oracle OTM integration guide or read our newest blog post .
  • 1Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle and/or its affiliates.

Introducing Pulsonix Version 12.5: Empowering PCB Designers with Enhanced Features and Efficiency

Retrieved on: 
Tuesday, July 11, 2023

TEWKESBURY, England, July 11, 2023 /PRNewswire-PRWeb/ -- Pulsonix™ (http://www.pulsonix.com), the Electronic Design Automation (EDA) company delivering technology-leading PCB design solutions, announces the release of Pulsonix Version 12.5, a significant update that brings a host of new features and enhancements to the PCB design industry. This latest version reinforces the Pulsonix commitment to delivering cutting-edge tools that empower engineers and designers to optimize their workflows, accelerate time to market, and achieve remarkable design excellence.

Key Points: 
  • TEWKESBURY, England, July 11, 2023 /PRNewswire-PRWeb/ -- Pulsonix™ ( http://www.pulsonix.com ), the Electronic Design Automation (EDA) company delivering technology-leading PCB design solutions, announces the release of Pulsonix Version 12.5, a significant update that brings a host of new features and enhancements to the PCB design industry.
  • One of the standout features in Pulsonix Version 12.5 is the introduction of animated 3D folding for flexi boards.
  • In response to customer feedback and industry demand, Pulsonix Version 12.5 introduces an expanded range of export options.
  • "We are excited to introduce Pulsonix Version 12.5, a feature-rich update that reflects our dedication to empowering PCB designers with state-of-the-art tools," said Bob Williams, Marketing Director for Pulsonix.

Windstream and STL Enhance Partnership to Drive Fiber Builds

Retrieved on: 
Tuesday, July 11, 2023

Windstream, a privately held communications and software company, and Sterlite Technologies Ltd., STL (NSE: STLTECH), a leading fiber optic cable manufacturer, today announced an expansion of their partnership to support Windstream’s large-scale fiber construction projects.

Key Points: 
  • Windstream, a privately held communications and software company, and Sterlite Technologies Ltd., STL (NSE: STLTECH), a leading fiber optic cable manufacturer, today announced an expansion of their partnership to support Windstream’s large-scale fiber construction projects.
  • The expanded partnership will support consumer-focused, fiber-to-the-home builds by Kinetic by Windstream as well as high-bandwidth optical long-haul fiber routes developed for content and cloud providers by Windstream Wholesale.
  • With Windstream as the anchor customer, STL opened its first U.S. cable manufacturing plant in Kershaw County, South Carolina, in 2022.
  • STL’s state-of-the-art, Industry 4.0-certified manufacturing facility in South Carolina produces “Made in America” fiber for Windstream and other service providers.

STL deepens partnership with Windstream to enable fast fiber connectivity in the US

Retrieved on: 
Tuesday, July 11, 2023

Additionally, Windstream, through its Kinetic business, is bringing the best internet experience to more and more homes, businesses, and carrier partners across America.

Key Points: 
  • Additionally, Windstream, through its Kinetic business, is bringing the best internet experience to more and more homes, businesses, and carrier partners across America.
  • Kinetic by Windstream is investing $2bn to dramatically expand gigabit internet service across its 18-state footprint.
  • The collaboration started in February 2021, when the STL began providing Optical Networking Solutions to Windstream.
  • I am very excited to work ever more closely with Windstream and collectively create value for communities and businesses in the US."

STL deepens partnership with Windstream to enable fast fiber connectivity in the US

Retrieved on: 
Tuesday, July 11, 2023

Additionally, Windstream, through its Kinetic business, is bringing the best internet experience to more and more homes, businesses, and carrier partners across America.

Key Points: 
  • Additionally, Windstream, through its Kinetic business, is bringing the best internet experience to more and more homes, businesses, and carrier partners across America.
  • Kinetic by Windstream is investing $2bn to dramatically expand gigabit internet service across its 18-state footprint.
  • The collaboration started in February 2021, when the STL began providing Optical Networking Solutions to Windstream.
  • I am very excited to work ever more closely with Windstream and collectively create value for communities and businesses in the US."