Archives 2026

New Delhi, June 2 (BNP): The Income Tax Department has enabled online filing of ITR-2 for Assessment Year (AY) 2026–27 on the e-filing portal, allowing eligible taxpayers to begin submitting returns for income earned during Financial Year (FY) 2025–26. The deadline for filing ITR-2 for individual taxpayers remains July 31, 2026.

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ITR-2 is applicable to individuals and Hindu Undivided Families (HUFs) who do not earn income from business or profession but have more complex income sources, including capital gains from stocks or mutual funds, rental income from multiple properties, foreign assets or overseas income, and income exceeding prescribed eligibility for simpler tax forms. Tax experts say taxpayers with capital market transactions or additional properties should carefully verify whether ITR-2 applies to them instead of ITR-1.

Experts have cautioned taxpayers against common filing mistakes that frequently trigger notices or delays in processing. Mismatches between income disclosures and records available in the Annual Information Statement (AIS), Form 26AS, bank account details, tax deductions, and capital gains reporting are among the most common reasons for scrutiny. Reviewing pre-filled information before submission is considered essential for error-free filing.

Missing the July 31 deadline may result in late filing fees of up to ₹5,000 and could impact a taxpayer’s ability to carry forward eligible capital losses for future tax adjustments. Tax professionals are advising individuals to gather relevant financial documents, reconcile statements, and complete filing well ahead of the deadline to avoid last-minute complications.

June 2 : HSBC Mutual Fund has launched RedHex Hybrid Long-Short Fund, a Specialised Investment Fund  strategy designed for investors seeking regular returns and capital appreciation. The strategy combines investments across asset classes – fixed income, equity arbitrage, REIT and INVIT units to pursue risk adjusted returns across market cycles. The New Fund Offer will be open from 2 June 2026 to 16 June 2026.

SIFs were introduced to bridge the gap between traditional mutual funds and higher-ticket products like Portfolio Management Services and Alternative Investment Funds  RedHex Hybrid Long-Short Fund offers an intermediate investment that combines the regulatory transparency of mutual funds with portfolio flexibility. 

The product is suited for ‘mid-ticket’ investors, with a minimum application of INR 10,00,000 .

Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index

Kailash Kulkarni, CEO, HSBC Mutual Fund, said,

“Investors today are more aware and require unique solutions that are professionally managed, and built to navigate complex market conditions. RedHex Hybrid Long-Short Fund is designed as a practical middle ground – offering the clarity investors expect from mutual funds, with added flexibility of a product which is designed to be less volatile while giving superior, tax efficient risk adjusted returns.

Shriram Ramanathan, CIO Fixed Income, HSBC Mutual Fund, said,

 “Our focus is on robust credit selection and risk controls, aiming to deliver high accrual potential with lower volatility across market cycles. In a measured way, the fund also aims to take exposure to REITs and INVITs, both of which are growing asset classes”

The fund strategy aims to deliver strong accrual potential with relatively low volatility through a diversified allocation across asset classes designed to generate regular income with limited sensitivity to market swings, while also enhancing tax efficiency and risk-adjusted returns. Structured as an interval investment fund, it allows subscriptions on any business day and offers weekly redemptions. Underpinning all this is robust risk management, combining active portfolio management with strict strategy-level risk controls to help reduce volatility.

HSBC Asset Management should be referred to either in full or as HSBC AM to avoid confusion with any other financial services firms.

HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC’s worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects HSBC’s clients with investment opportunities around the world through an international network of offices in 20 countries and territories, delivering global capabilities with local market insight. As at 31 March 2026, HSBC Asset Management managed assets totalling US$863bn HSBC  on behalf of its clients.

 

Monte Carlo race provides a powerful reminder of what makes this sport so special – Ben Sulayem

Dubai, UAE, June 2: H.E. Mohammed Ben Sulayem, President of the FIA, says a unique combination of attributes make this weekend’s FIA Formula 1 Louis Vuitton Grand Prix de Monaco one of the most prestigious and iconic events on the global motorsport calendar.

Ben Sulayem will be in attendance as Monte Carlo’s spectacular street circuit delivers another demanding test of driver skill, technical precision, and operational excellence.

Sunday’s race will mark the first European round of the season, underlining Monaco’s enduring importance as the FIA Formula One World Championship enters a new regulatory era.

FIA President Ben Sulayem, said: “The Monaco Grand Prix is one of the great jewels of world motorsport. It represents heritage, excellence, precision and passion, and continues to capture the imagination of fans across the world.

“As the Championship enters an important new chapter in 2026, Monaco provides a powerful reminder of what makes this sport so special: world-class drivers, cutting-edge engineering, committed teams, and the extraordinary work of officials, volunteers and organisers who make racing possible.”

Sharing his appreciation for the many people involved in making such an iconic event possible, Ben Sulayem said: “Every race weekend depends on the dedication of FIA officials, local organisers, volunteers, marshals, teams and partners.

“Monaco is one of the most complex events in world motorsport to deliver, and I want to thank everyone whose professionalism and commitment ensures it remains a benchmark for excellence.”

As The FIA Formula One World Championship continues to grow globally, the FIA remains focused on strengthening its long-term, ensuring world-class competition, advancing safety and sustainability, and supporting the continued development of motorsport at every level.

 

 

India, June 2:  ASUS today announced its latest lineup of AI-powered consumer devices at Computex 2026, introducing a comprehensive range of laptops, desktop PCs, all-in-one PCs, tablets, and ASUS AI experiences designed to empower professionals, students, and everyday users.

The new lineup reflects the ASUS vision of making AI more practical, personal, and accessible across every category of computing. Featuring the very latest AI-enabled computing platforms, along with NVIDIA RTX Spark, the 2026 ASUS ecosystem combines premium design, next-generation AI performance, and intelligent software experiences into one seamless portfolio.

ASUS, in collaboration with NVIDIA, today announced the all-new ProArt P16 (H7607) and P14 (H7407), the first ASUS creator laptops powered by NVIDIA RTX Spark, delivering breakthrough AI performance and next-generation creative workflows for the era of personal AI agents.

The AI-enabled everyday computing portfolio is expanded with the latest Intel, AMD or Snapdragon®-powered Zenbook 14 and the Snapdragon-exclusive Vivobook S series. Combining an all-metal and sleek chassis with premium materials, these Copilot+ PCs are built to deliver efficient AI-powered productivity, immersive entertainment, and all-day mobility.

Rounding out the lineup are the ASUS V series desktops and AiOs, and  marking a return to the tablet category  the all-new ASUS Pad. 

Also announced today is ASUS Zenni Claw  a brand-new ASUS AI assistant experience designed to simplify everyone’s access to agentic AI workflows for work, travel, and lifestyle scenarios.

Together, these innovations create a comprehensive ASUS AI ecosystem built to enhance creativity, productivity, entertainment, and intelligent everyday experiences.

Revolutionary AI for Creativity: ProArt P16 & P14

The new ProArt P16 (H7607) and P14 (H7407) powered by NVIDIA’s RTX Spark are designed for AI-powered creators, workflow builders, developers who demand powerful local AI capabilities and next wave of Windows PC experiences. The RTX Spark superchip features an NVIDIA Blackwell RTX GPU with 6,144 CUDA cores and fifth-generation Tensor Cores with FP4 precision, connected via the NVIDIA NVLink®-C2C chip-to-chip interconnect to a high-performance, 20-core NVIDIA Grace™ CPU.

Powering agents on local devices requires both robust security and high-performance hardware. RTX Spark features up to 1 petaflop of AI performance and 128GB of unified memory to meet the processing demands of on-device agents. To further enhance creator experiences, ASUS integrates exclusive AI-powered software tools and an AI agent within the ProArt ecosystem. ProArt Creator Hub intelligently optimizes system resources for demanding workflows, while MuseTree and StoryCube introduce AI-assisted creative capabilities for modern content production.

The ASUS Lumina Pro OLED display redefines professional visuals, delivering up to 1,600 nits of HDR peak brightness, a 120Hz refresh rate, variable refresh rate (VRR) technology, and an anti-reflection coating. Available in Nano Black and Neo White finishes (the first color aesthetics in the ProArt laptop family), the new laptops introduce professional aesthetics with smooth tactile finishes and anti-smudge surface treatment. 

The new ProArt P16 and P14 will be showcased at ASUS booth during COMPUTEX 2026, with availability beginning in fall 2026 in select regions.

Everyday AI: Zenbook and Vivobook

Zenbook 14

The new Zenbook 14 redefines portable everyday computing with a seamless blend of style, performance, and intuitive experiences. Designed for users who are constantly on the move, the ultralight 1.1kg chassis features a durable Ceraluminum™ cover that combines strength with premium looks. The laptop is available in fresh new nature-inspired color options including Arctic Blue and Komodo Coral for a more personalized everyday style.

Built to support modern lifestyles from work to entertainment, Zenbook 14 delivers exceptional all-day stamina with up to 21+ hours of battery life, alongside fast charging support and a convenient all-in-one adapter for effortless mobility.

Powered by the latest Intel, AMD, and Snapdragon processors, Zenbook 14 enables smooth multitasking, AI-enhanced productivity, and next-generation Copilot+ PC experiences designed to simplify everyday tasks. With up to 50 TOPS of NPU performance, users can enjoy smarter workflows, enhanced responsiveness, and more efficient on-device AI capabilities.

Zenbook 14 also elevates everyday interactions through thoughtful design and immersive experiences, featuring a comfortable 1.7 mm key travel keyboard, an easy-lift hinge, a smart-gesture touchpad, a vibrant ASUS OLED display, and a dual-speaker audio system. For added peace of mind, intelligent privacy features including Windows Hello, passkey support, adaptive dimming and lock, and Microsoft Pluton security help keep users protected wherever they go. Discover more about Zenbook 14 on the ASUS Blog.

Vivobook S14/S16 

With the new Vivobook S14 and Vivobook S16, users can go anywhere with a slim, durable full-metal chassis built for real student life, available in two modern colors: Light Blue and Matte Gray. Users can work, study, and create more freely with up to expansive OLED displays, long-lasting battery life, and efficient AI-powered performance.

Powered exclusively by Snapdragon X processors with up to 45 TOPS NPU performance, the Copilot+ PCs deliver responsive multitasking, intelligent AI acceleration, and exceptional power efficiency for everyday productivity and entertainment. ASUS performance mode supports up to 30W TDP for sustained responsiveness under heavier workloads.

The series features up to an expansive 16-inch 16:10 OLED display with an 89% screen-to-body ratio, which gives users more room for notes, videos, tabs, and creative work. The 14-inch model offers an 87% screen-to-body ratio in a more compact form factor. Professional-grade 100% DCI-P3 OLED panels provide vibrant visuals and sharp clarity, complemented by Snapdragon-powered audio experiences and TÜV Rheinland-certified low blue light technology for comfortable long-term viewing.

Designed for modern mobility, Vivobook S14 and S16 offer over 25 hours of battery life and a full set of I/O ports, so users can move from class to café to study sessions with fewer adapters, fewer outlet stops, and with more time to get things done. Fast charging enables up to a 60% recharge in just 49 minutes, and the lightweight chassis starts at just 1.28kg for the 14-inch model. The series also meets MIL-STD 810H military-grade durability standards for reliable everyday use.

Vivobook S14/S16 Flip

The new Vivobook S14 Flip and Vivobook S16 Flip combine flexible 360° versatility with AI-powered productivity, allowing users to seamlessly transition between laptop, tablet, tent, and stand modes for work, creativity, entertainment, and collaboration.

Featuring vivid 2K OLED touchscreens with ASUS Pen 3.0 support, the devices provide intuitive writing, sketching, navigation, and note-taking experiences. Powered by Snapdragon X processors with up to 45 TOPS NPU performance, the lineup delivers smooth responsiveness, strong power efficiency, and AI enhanced workflows optimized for modern multitasking.  Enhanced with Dolby Audio™ and Snapdragon Sound™, users can also enjoy richer, clearer audio for streaming, video calls, and immersive entertainment.

With up to 35W total TDP performance mode, the Vivobook S Flip series maintains stable performance during demanding workloads while remaining efficient and quiet. Long battery life exceeding 20 hours, fast charging support, and compact 68W USB-C® charging further enhance portability and convenience.

The premium metal chassis starts at just 1.41kg for the 14-inch model and 1.60kg for the 16-inch model, combining durability with an elegant ultraportable design. Available in a stylish new light blue color option, the Vivobook S Flip series brings a fresh, modern look to everyday productivity.

ASUS desktops, AiOs, and tablets

ASUS V700 Mini Tower (V701ML)

The ASUS V700 Mini Tower (V701ML) is designed to bring day-to-day computing into modern living spaces through a warm, home-centric aesthetic inspired by contemporary interiors. Featuring clean lines, soft contours, and wood-grain finishes, V700 blends naturally into the home while delivering strong everyday performance.

Powered by up to an Intel Core Ultra 9 processor, high-speed DDR5 memory, and up to 2TB PCIe® 4.0 SSD storage, V700 delivers responsive performance for productivity, entertainment, and creative workloads. Optional NVIDIA GeForce RTX 50 Series graphics further expand performance capabilities for content creation and family entertainment.

Advanced cooling technologies including triple-channel heat pipes and a larger cooling fan help maintain whisper-quiet operation, ensuring a comfortable experience whether users are working, studying, or relaxing at home.

ASUS V200 AiO (VM240FA)

ASUS V200 AiO (VM240FA) is designed to elevate everyday family computing with an ultra-slim all-in-one form factor that complements modern home environments. Featuring a minimalist aesthetic, thin stand, and compact footprint, the device helps create cleaner and more organized workspaces.

Powered by an up to AMD Ryzen 5 40 processor, ASUS V200 AiO delivers smooth and quiet multitasking performance for work, study, communication, and entertainment. AI-enhanced noise-cancelation technology improves online meetings and virtual learning experiences, while WiFi 6E connectivity and comprehensive I/O ports simplify device connectivity for the entire family.

Immersive visuals and high-quality audio further enhance everyday entertainment and communication experiences.

ASUS V400 AiO (VM471QA)

The ASUS V400 AiO (VM471QA) expands the ASUS all-in-one PC portfolio with a larger 27-inch display option designed for immersive family productivity and entertainment experiences.

Built on the Snapdragon platform, ASUS V400 AiO combines advanced AI capabilities with ultra-efficient performance in a sleek, modern design. Premium audio, optional touch functionality, and a larger display create a versatile home hub optimized for work, learning, streaming, and communication.

ASUS Pad (T3201)

Marking a strong return to the tablet category, ASUS Pad (T3201) combines immersive entertainment, lightweight portability, and intelligent connectivity in a sleek premium design.

The tablet features a 12.2-inch 2.8K dual-layer OLED display with a 144Hz refresh rate, 92% screen-to-body ratio and TÜV Rheinland eye-care certification to deliver vivid visuals and comfortable long-term viewing. The dual-layer OLED panel technology enables superior brightness, improved efficiency and enhanced panel longevity.

Quad speakers with Dolby Atmos® audio create immersive cinematic entertainment experiences, while the ultraslim 6.5 mm profile and lightweight 523g magnalium chassis with a fiberglass back cover make ASUS Pad exceptionally portable for everyday use.

Powered by the MediaTek Dimensity 8300 chipset, ASUS Pad balances strong performance with efficient power consumption. A long-lasting 9000mAh battery combined with fast charging support that reaches 50% in just 30 minutes enables reliable entertainment and productivity, while WiFi 6E connectivity supports smooth streaming, gaming, and multitasking.

Integrated experiences including ASUS GlideX, Google Circle to Search, and facial login capabilities help create a smarter and more connected user experience.

ASUS AI experiences

ASUS Zenni Claw

ASUS Zenni Claw introduces a new approach to practical everyday AI assistance by making agentic AI experiences more accessible and easier to use.

With its easy three-step installation, simplified user interface and ready-to-use built-in skills, ASUS Zenni Claw lowers the barrier to entry for AI-assisted workflows. ASUS Zenni Claw is designed to ensure a good balance of responsiveness and efficiency, by reducing unnecessary cloud processing through flexible local-cloud routing, while the safety-focused architecture helps improve privacy and user control.

ASUS Zenni Claw is designed to bring AI assistance into real routines, from organizing work and creative tasks to managing daily plans and preparing for travel. It makes agentic AI feel easier, more practical, and more secure.

Generative AI Creator Experience: MuseTree × FLUX.2

ASUS continues to strengthen its creator ecosystem through AI-powered applications and partnerships.

MuseTree is an AI-driven generative content platform built on FLUX and accelerated by NVIDIA GPUs, enabling both image and video generation. By delivering precise visual editing tools and local AI capabilities, MuseTree enables greater creative control and consistency. The ProArt laptop is among the first creator devices to adopt FLUX.2, bringing next-generation AI capabilities directly to professionals. 

On these NVIDIA-powered systems, the integration of NVFP4 with Black Forest Labs models optimizes RTX hardware performance. This dramatically improves generation efficiency and speed, enabling near-instant image creation for a highly responsive creative experience. 

ASUS also announced a partnership with Goodnotes to enhance note-taking and productivity experiences for ASUS laptop users. Eligible users will receive a three-month Goodnotes Essential subscription along with discounted access to premium AI-powered features and templates.

Tokyo, Japan, June 2: In Vietnam, transcosmos runs an internal program to spread sustainable values within the community. This year, the company is holding TCV E-Running Cup Season 3, under the message “Run for Young Future.” Continuing its journey, this season marks a meaningful transformation by focusing on educational support activities for underprivileged children in Vietnam.

 

■From a Green Journey to a Symbol of Internal Unity
After two successful seasons, TCV E-Running Cup has become not only a highly anticipated annual internal sports event, but also a symbol of solidarity and social responsibility among transcosmos employees in Vietnam. Over the past two years, hundreds of transcosmos employees in Vietnam have contributed to positive environmental impacts through charity running activities for tree planting:

– More than 30,000 kilometers completed by employees across both Hanoi and Ho Chi Minh City.
– 3,000 trees planted nationwide through the conversion of running achievements into environmental contributions.

These achievements reflect not only the perseverance and dedication of employees but also serve as a strong foundation for transcosmos to further expand its corporate social responsibility initiatives toward more meaningful human-centered values.

■TCV E-Running Cup 2026: Every Kilometer Becomes a Gift of Knowledge
Entering its 3rd season, transcosmos has chosen education as the core focus of its 2026 community journey in Vietnam. With the message “Run for Young Future,” every kilometer completed during the event will be converted by the transcosmos Vietnam Labor Union into contributions to the “Book Fund for Underprivileged Children.”

The fund will support textbooks, notebooks, and educational books that help nurture knowledge and personal development for children before the new academic year begins. Through this initiative, the company aims to create greater educational opportunities for children while spreading the spirit of sharing and compassion throughout the community.

Program Information
Program Name: TCV E-Running Cup 2026
Message: “Run for Young Future”
Format: Online running/walking program for all transcosmos employees in Vietnam
Registration & Details: TCV E-Running Cup 2026 (https://app.irace.vn/chay-vi-tuong-lai-em?utm_source=chatgpt.com)

■Launching a Meaningful Journey with Strong Support from TCVers
On May 14, the online opening ceremony of TCV E-Running Cup 2026 was successfully held with enthusiastic participation from transcosmos employees in Vietnam. Immediately after the online registration portal opened, many employees quickly joined the race and began recording their first achievements through the program’s application platform. Beyond promoting physical wellness, this year’s running event also carries the meaningful mission of connecting the community through every individual step.

With unity and perseverance, transcosmos hopes to transform every running route into a bridge of knowledge, contributing to better learning opportunities for underprivileged children.

●Employees participating in past tree-planting activities

 

* transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
* Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

 

Featuring the Rocket 1604L Gen5 Retimer technology, this integrated solution achieves 4144 FPS running YOLOv8n, with perfect linear scaling across 4x Hailo-8 M.2 modules.

 

June 2: HighPoint Technologies, Inc., a pioneer in high-performance PCIe connectivity, today announced an ecosystem partnership with Hailo, a leading innovator in edge AI processors, to deliver a new class of high-performance compute expansion solution: the Enterprise Edge AI Compute Platform.

Purpose-built for high-end modular robotics and industrial AI, this collaboration introduces a Marketplace-Ready hardware platform that enables IT architects to deploy high-density AI clusters achieving a staggering 160 TOPS (INT4). By leveraging readily accessible Hailo-10H M.2 acceleration modules, the platform delivers unprecedented throughput, processing up to 4,144 FPS for real-time inference workloads, effectively eliminating the I/O bottlenecks currently facing next-generation autonomous systems.

The Synergy: Building a Localized AI Compute Platform

The Enterprise Edge AI Compute Platform supports both Hailo-8 and Hailo-10H M.2 AI Acceleration Modules with the HighPoint Rocket 1604L Gen5 Retimer AIC. While a single Hailo-10H module delivers 40 TOPS, this integrated solution allows users to consolidate up to four modules into a single PCIe x16 slot, delivering a massive 160 TOPS of local inference performance.

Proven Performance: Linear Scaling & Precision

To validate the efficiency of the Gen5 AI Compute Platform, rigorous infrastructure benchmarking was conducted utilizing four Hailo-8 / Hailo-10 M.2 modules on a single Rocket 1604L AIC. These results demonstrate the critical role of HighPoint’s Active Retimer Architecture in maintaining total signal integrity and deterministic I/O across high-density configurations.

The platform achieved industry-leading performance benchmarks, including 4,144 FPS for YOLOv8n and 2,173 FPS for YOLOv5s (Batch size = 1) on the Hailo-8. This unprecedented throughput ensures that high-velocity data ingestion and real-time vision processing occur simultaneously across all four M.2 ports without signal degradation or device-to-device variance, providing a transparent and reliable foundation for mission-critical AI workloads.

• Massive Throughput: While a single Hailo-8 module can achieve up to 1036 FPS, the quad-module AI Compute Platform can deliver a staggering 4100 + FPS, proving its capability for high-speed, multi-stream processing via single PCIe slot.

• True Linear Scaling: Performance scaled perfectly as additional modules were added, ensuring that hardware investments translate directly into compute power.

• Unmatched Precision: The benchmark recorded an FPS variance between modules of less than 0.01%, a testament to the bit-perfect signal reconditioning provided by the Rocket 1604L’s Active Retimer Architecture.

Rocket 1604L: The Hardware Core of the Engine

The Rocket 1604L serves as the mechanical core of the AI Compute Platform, ensuring multi-module configurations operate at peak-rated specifications:

• Active Retimer Architecture: Proactively reconditions signals at 32GT/s for a bit-perfect host link.

• Compact 167mm Footprint: Allows deployment in standard 1U/2U industrial chassis where full-size GPUs cannot fit.

• Thermal Stability: Full-length aluminum heat sink and high-static-pressure fan assembly tuned for 24/7 heavy AI inference.

Marketplace-Ready Deployment

By utilizing standard M.2 form factors and PCIe Gen5 connectivity, HighPoint and Hailo have created a solution that VARs and System Integrators can source through mainstream marketplace channels, removing “Time-to-Market” barriers.

“The Enterprise Edge AI Compute Platform is about moving from experimenting with AI to executing AI at scale,” said May Hwang, Director of Marketing at HighPoint Technologies. “By pairing Hailo’s efficient processing with HighPoint’s Gen5 connectivity and proven 0.01% variance precision, we are giving architects a powerful, marketplace-ready blueprint to build future-proof localized intelligence hubs.”

“The collaboration with HighPoint demonstrates how scalable, high-performance edge AI can be achieved using standard, accessible hardware building blocks,” said Yaron Ofer, Sales GM at Hailo. “By combining Hailo’s industry-leading efficiency with HighPoint’s Gen5 connectivity, we’re enabling customers to deploy powerful, localized AI systems that deliver data-center-class performance directly at the edge, without the traditional constraints of power, cost, or form factor.”

Availability

The HighPoint Rocket 1604L is available immediately through HighPoint’s global network of distributors and VARs. Hailo-8 and Hailo-10H  M.2 modules can be sourced via Hailo’s official marketplace and global distribution channels.

NEW YORK and NEW DELHI (June 2, 2026) — The American Society of Mechanical Engineers (ASME) today announced it has acquired BSB Edge Private Limited, a New Delhi, India–headquartered organization with more than 50 years of experience in the distribution of national and international standards that has been ASME’s third-largest standards reseller globally. The transaction includes the purchase of shares from BSB Edge’s founder and existing shareholders.

The acquisition establishes BSB as an independently operated ASME subsidiary designed to expand access to standards, enhance customer value, and support the evolution of standards delivery in a rapidly changing global marketplace. This transaction advances ASME’s long-term growth strategy while strengthening its ability to serve members, customers, and partners worldwide.

For more than five decades, BSB Edge has built a strong reputation for trusted service, long-standing customer relationships, and operational excellence across India and international markets in the Middle East and Asia. The organization serves a broad base of 20,000+ customers and more than 25 standards development organization (SDO) partners, including ASME, with a focus on reliability, professionalism, and responsiveness.

BSB Edge will continue to operate independently, maintaining its established brand, leadership and customer relationships. Existing service models and partner engagements will remain unchanged, ensuring continuity and stability as the organization enters its next phase of growth. BSB Edge will continue to serve SDOs and customers with the same neutrality, professionalism, and trusted service that have defined the company for decades.

 

“This is a strategic, long-term investment that strengthens ASME’s ability to deliver greater value to the global engineering community,” said ASME Executive Director and CEO Tom Costabile. “We have long respected the reputation, relationships, and expertise that BSB Edge has built. Through this strategic acquisition, we are expanding access to standards, deepening our understanding of customer needs, and creating a stronger platform for sustainable growth and innovation.”

The acquisition supports ASME’s broader shift toward diversified, scalable revenue streams that reinforce its mission while increasing organizational resilience. By integrating BSB Edge’s market presence and operational expertise, ASME gains direct insight into customer demand, enabling the development of more relevant, responsive products and services.

For customers and partners, the benefits are clear: expanded access to standards, improved efficiency in distribution, and enhanced opportunities for engagement across a growing global network. Over time, ASME and BSB Edge expect to explore opportunities to strengthen digital capabilities, improve customer experience, and expand reach into additional international markets.

 

“This marks an important milestone in the history of BSB Edge,” said Founder and Managing Director Chirukandath Krishnan. “We are proud of the trust we have built with customers, SDO partners, and employees over the past 53 years. Joining ASME provides long-term stability while preserving the values, relationships, and service commitment that define who we are. Together, we see significant opportunities to grow, modernize, and better serve the global standards community.”

Mr. Krishnan will remain actively involved in the company during a multi-year transition period to help ensure continuity and long-term success.

The timing of the acquisition reflects alignment across market demand, customer needs, and ASME’s strategic readiness. By acting now, ASME is positioned to expand its global footprint, support long-term modernization, and strengthen how its codes and standards reach customers worldwide.

BSB reinforces ASME’s commitment to quality, relevance, and innovation. It creates a platform for piloting new delivery models, digital solutions, and emerging technologies while safeguarding the Society’s core mission and operations.

Customers, partners, and members can continue to engage with BSB Edge through existing channels. ASME will share additional updates over time as new capabilities, services, and opportunities for engagement are introduced.