The Ministry of Corporate Affairs (MCA) has launched a formal investigation into Gensol Engineering Ltd and its affiliate BluSmart Mobility over serious allegations of corporate governance violations and financial misconduct. The probe, initiated under Section 210 of the Companies Act, 2013, will examine potential fund diversion and fraudulent disclosures, as outlined in a recent interim order by the Securities and Exchange Board of India (SEBI). According to official sources, the investigation will scrutinize the companies’ books of accounts, bank transactions, and asset registers, with a report expected to be submitted to the government within three months. The MCA’s action comes…
Author: WNA TEAM
The European College of Sport and Exercise Physicians (ECOSEP) and Tata Elxsi have entered into a strategic partnership aimed at transforming sports and exercise medicine. This collaboration brings together ECOSEP’s deep clinical and research expertise with Tata Elxsi’s cutting-edge capabilities in artificial intelligence (AI), machine learning, and healthcare technology. The partnership will focus on harnessing AI to develop advanced diagnostic tools, personalized treatment strategies, predictive analytics for injury prevention, and real-time monitoring of athletes’ physical health and performance. This innovative collaboration was initiated by Dr. Pakravan, Vice Chair of ECOSEP, and facilitated by Dr. Malliaropoulos, General Secretary. Speaking on behalf…
Sibi, the technology company revolutionizing supply chains through data-driven property operations, has announced the launch of Buscar, a natural language analytics tool that gives procurement and operations teams instant insights from live data, without the need for dashboards or manual reporting. Dashboards bury teams in data. Buscar delivers answers. Powered by real-time data from the Sibi platform, Buscar lets users ask plain-language questions like: In seconds, teams receive clear, visual answers complete with built-in filters and follow-up prompts. From tracking vendor delays to monitoring property asset health, Buscar surfaces what matters most, so decisions happen faster and with greater confidence.…
Caresoft Global, a recognized leader in automotive benchmarking, cost reduction strategies, and engineering solutions has announced a strategic realignment and the beginning of a new phase in its growth journey. The company will restructure its operations into three focused business units: As part of this transformation, KPIT Technologies, a global leader in software-defined vehicles (SDVs), embedded systems, and system integration will acquire Caresoft Global’s Engineering Solutions business, with a particular emphasis on the off-highway, truck, and bus segments globally. Caresoft Global will continue to strengthen its core automotive vertical while collaborating with KPIT to expand its benchmarking and cost reduction…
Astera Labs, Inc., a global leader in semiconductor-based connectivity for AI and cloud infrastructure, has announced that it is ramping production of its purpose-built PCIe 6 connectivity portfolio to accelerate large-scale deployment of modern AI platforms. Now including gearbox connectivity solutions alongside fabric switches, retimers, and active cable modules, the expanded PCIe 6 lineup offers a comprehensive platform designed to maximize performance, resource utilization, and scalability for next-generation AI and compute systems. With demonstrated PCIe 6 connectivity over optical media, the portfolio also unlocks greater rack-scale distance flexibility for AI architectures. This shift to PCIe 6 is driven by the…
Schneider Electric, a global leader in the digital transformation of energy management and automation, has announced a new collaboration with BayWa r.e. Solar Trade U.S., a top distributor of solar and energy storage systems. The partnership aims to expand access to Schneider Electric’s residential product line, including the Schneider Home energy management system, for solar installers across the United States. Through this collaboration, BayWa r.e. Solar Trade U.S. will offer Schneider Home to its installer network, streamlining access to integrated solar and storage solutions. Schneider Home is an all-in-one energy management platform that enables homeowners to monitor and control their…
Sunraycer Renewables LLC (“Sunraycer”), a leading developer, owner, and operator of clean energy projects, announced the execution of two Environmental Attribute Purchase Agreements (“EAPAs”) with Meta Platforms, Inc. (“Meta”) for its Midpoint and Gaia solar projects in Texas. Under these agreements, Meta will acquire 100% of the Environmental Attributes generated by Sunraycer’s Midpoint Solar project in Hill County and the Gaia Solar project in Navarro County. These agreements mark a significant milestone, supporting the initial buildout of Sunraycer’s 4 GWac portfolio of solar and battery facilities. The Midpoint Solar project, located near Blum, Texas, will deliver 127 MWdc / 97.5…
Infineon Technologies AG has introduced its new CoolSET System-in-Package (SiP), a compact, fully integrated power controller designed for efficient power delivery of up to 60 W across a universal input voltage range of 85–305 V AC. Housed in a space-saving SMD package, the solution features a high-voltage MOSFET with low RDS(ON), eliminating the need for an external heat sink and reducing overall system complexity. Supporting zero-voltage switching (ZVS) flyback operation, the CoolSET SiP delivers low switching losses and a reduced EMI profile, boosting both system reliability and performance. These attributes make it ideally suited for high-efficiency applications, including major home…
Mitsubishi Logisnext Americas, a leading manufacturer and provider of material handling, automation, and fleet solutions, has announced the completion of a significant expansion at its Houston manufacturing campus. The centerpiece of the expansion is a new 73,500-square-foot electrification fabrication facility, marking a pivotal step in the company’s strategic push to meet the growing demand for electric-powered equipment. Purpose-built to support the rising market for Mitsubishi Logisnext Americas’ Electric Class I and Class II products, including pantograph reach trucks, order pickers, and stand-up counterbalance forklifts, the new facility will substantially increase production capacity, optimize operational efficiency, and reduce manufacturing costs. “This…
Eco-Products, a Novolex brand, has earned the Bronze Stevie Award in the Reuse and Recycle category at the 23rd Annual American Business Awards for its innovative Veda line of reusable containers. Developed in collaboration with reuse systems pioneer OZZI, the Veda containers are engineered for long-term durability and operational efficiency in foodservice settings. Designed for seamless use in closed-loop environments such as college campuses, corporate offices, military bases, and hospitals, they incorporate OZZI’s proprietary tracking and collection technology. Crafted from robust polypropylene, each container is NSF-certified for food safety and protection, and has been tested to endure at least 1,000…
Statiq, India’s largest EV charging network, has joined hands with The Club Mumbai—a prestigious, by-invitation-only private members’ club in Andheri West—to launch a cutting-edge public EV charging station on its premises. This collaboration marks the Club’s first sustainability-focused initiative, enhancing member amenities while contributing to India’s expanding electric mobility ecosystem. Under this partnership, Statiq has installed a high-speed 60 kW DC Dual Gun EV Charger along with three 22 kW BMW Wallbox chargers. These stations support a wide range of electric vehicles, including the BMW iX7s already in use at the Club. Open to both Club members and the broader…
NKT, a leading power cable manufacturer, has entered into a long-term agreement with Hydro to secure a supply of low-carbon aluminium wire rod through 2033. The deal, estimated to be worth €1 billion (approximately $1.1 billion), is subject to variables including volume, contract duration, and future metal market prices. NKT president and CEO Claes Westerlind stated, “This long-term supply agreement with Hydro not only guarantees a long-term, European supply of low-carbon aluminium – it also reinforces our position as a sustainability leader in the power cable industry. “It supports our strategy to continuously improve the carbon intensity of our power…