Greater Noida: The festival of Vasant Panchami was celebrated with great enthusiasm across various societies in Greater Noida. The occasion witnessed devotees performing Saraswati Puja, engaging in charitable activities, and exchanging warm wishes with one another to mark the auspicious day.

At Paramount Golf Foreste Society, the festival was celebrated with the young students of Curious Mind Play School. The children and their teachers dressed in vibrant yellow attire, symbolizing the significance of the festival. A little girl was beautifully adorned as Goddess Saraswati, and a traditional puja was performed in her honor. The children were educated about the importance of Vasant Panchami and how this season brings greenery and prosperity all around.

In addition to this, temples within SKA Metroville and SKA Divya Towers societies held special prayers and rituals to commemorate the occasion. Residents gathered at the temples to seek blessings, perform religious offerings, and participate in charitable donations as part of their spiritual practices.

Sanjay Sharma, Director of SKA Group, highlighted the significance of such celebrations in fostering a sense of unity and cultural appreciation within society. He emphasized that these festivities not only energize individuals but also strengthen the bond between people, their traditions, and the community.

The grand celebration of Vasant Panchami in Greater Noida showcased the deep-rooted cultural heritage and communal harmony among residents, making it a memorable and spiritually uplifting event for all.

STAMFORD, Conn., February 3, 2025 — Worldwide semiconductor revenue in 2024 totaled $626 billion, an increase of 18.1% from 2024, according to preliminary results by Gartner, Inc. Revenue is projected to total $705 billion in 2025.

“Graphics processing units (GPUs) and AI processors used in data center applications (servers and accelerator cards) were the key drivers for the chip sector in 2024,” said George Brocklehurst, VP Analyst at Gartner. “The rising demand for AI and generative AI (GenAI) workloads led data centers to become the second-largest market for semiconductors in 2024, behind smartphones. Data center semiconductor revenue totaled $112 billion in 2024, up from $64.8 billion in 2023.”

The positive performance of the overall market impacted the ranking of several semiconductor vendors. Eleven vendors experienced double-digit growth and only 8 of the top 25 semiconductor vendors posted revenue decline in 2024.

Samsung Electronics Regained No. 1 Spot in 2024

With 9 out of the top 10 semiconductor vendors recording revenue growth in 2024, the ranking of the top 10 semiconductor vendors changed year-over-year (see Table 1).

Samsung Electronics reclaimed the No.1 spot from Intel and extended its lead over the company in 2024 driven by a strong rebound in memory device prices. Samsung Electronics revenue totaled $66.5 billion in 2024.

Intel moved to the No. 2 position as its product set — AI PCs and the Core Ultra chipset — was insufficient to offset the limited success of its AI accelerator offering and the modest growth in its x86 business. Intel’s semiconductor revenue was flat at 0.1% growth in 2024.
Nvidia continued to perform exceptionally well, increasing its semiconductor revenue by 84% in 2024, to total $46 billion. It moved up two spots to secure the No. 3 position thanks to the strength of its AI business.

Table 1. Top 10 Semiconductor Vendors by Revenue, Worldwide, 2024 (Millions of U.S. Dollars)

HBM to Represent 19.2% of DRAM Revenue in 2025, Up from 13.6% in 2024

Memory revenue recorded 71.8% revenue growth in 2024. Memory’s share as a percentage of total semiconductor sales increased to 25.2% in 2024. DRAM revenue improved 75.4% in 2024 while NAND revenue increased 75.7% year-over-year. High-bandwidth memory (HBM) production contributed significantly to the revenue for DRAM vendors. HBM revenue represented 13.6% of total DRAM revenue in 2024.

Nonmemory revenue increased 6.9% in 2024. Nonmemory accounted for 74.8% of total semiconductor revenue in 2024.

“Memory and AI semiconductors will drive near-term growth, with HBM projected to account for an increasing share of DRAM revenue, reaching 19.2% in 2025,” said Brocklehurst. “HBM revenue is estimated to increase 66.3% in 2025, reaching $19.8 billion.”

Noida,3 February 2025: Sheela Foam Limited, India’s leading manufacturer of PU Foam and the house of leading brands Sleepwell and Kurl-on announced its third quarter’s financial results ending December 31st, 2024. After the post-acquisition synergy between Sleepwell and Kurl-on, Sheela Foam has witnessed strong growth momentum in Q3 for its B2C mattress business, despite industry headwinds. With a deeper understanding of consumer needs, product innovation, expanded retail footprint, proactive channel engagement and enhanced operational efficiencies; Sheela Foam continues to create significant stakeholder value

New Delhi, 3rd February 2025: Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today announced its financial results for the quarter ending December 31st, 2024. PECIN demonstrated a quarter-on-quarter growth in revenue by 6.9% for current financial year. However, the company reported a dip in revenues by 6.7% when compared to YTD FY24 (9 months). The company’s profitability improved by 7% YTD FY25 (PAT) despite drop in revenue and they closed the balance sheet with a market cap of INR 3416 million.

While announcing the results, Mr. Akinori Isomura, Chairman and Managing Director Panasonic Energy India Co. Ltd. (PECIN) said, “At PECIN, we are committed to our stakeholders and our focus is to close the FY2024-25 on a profitable note. Despite increase in raw materials, we continue to stay invested and, are focusing on cost optimisation, strategic initiatives to penetrate the market further. For instance, we are strengthening our rural presence and also investing in Quick Commerce channels to expand our reach to serve our customers across length and breadth of the country. This will be a long-term strategic initiative that entails investments and will have a momentary impact on our profitability. Similarly, to improve our product mix and productivity we are leveraging technology and have invested in sales force automation. This will aid data management, enhancing our efficiencies thereby, boosting sales productivity. We are confident to further solidify our performance and market competitiveness through these prudent initiatives.”

The PECIN factory in Pithampur (Madhya Pradesh) is a Carbon Neutral Factory and has received a Certificate of Verification Carbon Unit (VCU) Retirement from Verra. Additionally, it has been certified by the International REC Standard. We have recently installed additional solar panels at our PECIN factory generating (150KV) to ensure 30% solar coverage (maximum permissible limit as per state guidelines) aimed at Co2 reduction. The wastewater treatment at the factory results in zero discharge of wastewater and furthermore, 50% of factory land has a forest cultivated by PECIN. At present, company uses approximately 6% recycled materials in their products which is in-line to the direction of 3R (Reduce, Reuse Recycle). The company is committed to invest more on plantation of trees for the 2nd year under its Corporate Social Responsibility initiatives in line with Schedule VII of the Companies Act, 2013.

On manufacturing front, PECIN aims for better quality of human life and preservation of the planet. Majority of the products manufactured by the Company are eco-friendly in nature with no addition of (Mercury) Hg, (Cadmium) Cd, (Lead) Pb. Company’s manufactured products are compliant with the limits set by RoHS Directives (EU) 2015/863. Currently, the product portfolio is around 87% zinc carbon batteries and 5% alkaline batteries, 5% rechargeable batteries, and 3% Lithium coin batteries.

 

by Mr. Rajendra Kumar Setia, MD & CEO, SK Finance Limited
“This marks a significant step towards strengthening India’s economic backbone, focusing on MSMEs and the middle class while maintaining fiscal prudence. The revision of MSME classification is going to be a major game changer for the manufacturing sector. With over 1 crore MSMEs already driving 45% of India’s exports, the enhanced investment and turnover limits will empower these businesses to scale up operations and embrace technological innovation.

Enhancement of the credit guarantee cover for MSMEs to Rs 10 crore; term loans for exporter MSMEs to Rs 20 crore and start-ups to Rs 20 crore, will provide a big fillip to the industry. These measures will enable NBFCs in scaling up their operations, and will drive inclusive growth. The announcement of customized credit cards with a Rs. 5 lakh limit for micro-enterprises will increase liquidity and lead to establishment of new entrepreneurs. All in all, Budget 2025 will have a positive impact on India’s economic growth trajectory, with MSMEs driving growth,” says Rajendra Kumar Setia, MD & CEO, SK Finance Limited.

by Mr. Ronak Morbia, Chairman & Managing Director, ArisInfra Solutions Ltd:

“The Union Budget 2025 reinforces India’s commitment to infrastructure development through Public-Private Partnerships (PPP), with each ministry proposing three PPP projects and ₹1.5 lakh crore allocated as interest-free loans for capital expenditure. The provision of term loans up to ₹20 crore for MSMEs is a crucial step in fostering financial inclusion and enabling small businesses to scale operations.

“We welcome these reforms that align with our mission of streamlining the construction materials supply chain. Through our vendor network and digital procurement platform, we connect over 1,600 suppliers (as of September 30, 2024), including MSMEs, with customers engaged in large infrastructure and real estate projects, helping MSMEs expand their reach. Additionally, with India’s infrastructure spending projected to exceed ₹143 lakh crore by 2030, we remain committed to leveraging our expertise in construction materials procurement and logistics to support sustainable growth. We believe that the government’s focus on infrastructure and credit access will further strengthen the role of MSMEs, paving the way for economic resilience and expansion.”

by Mr. Umesh Uttamchandani, Managing Director, Dev Accelerator Limited (DevX).

“DevX Applauds Budget 2025’s Focus on Innovation and Infrastructure for Startups. The Union Budget 2025 underscores the government’s commitment to fostering a robust startup ecosystem by enhancing infrastructure, providing financial incentives, and promoting digital transformation. The push for increased capital expenditure, ease of doing business, and technology-driven growth will significantly benefit co-working spaces, accelerators, and innovation hubs.

At DevX, we see these initiatives as key enablers for startups and enterprises looking to scale in a dynamic business environment. As India’s leading managed office space provider, we continue to support businesses with state-of-the-art infrastructure, collaborative workspaces, and growth-driven solutions. The Budget’s emphasis on digital and physical infrastructure will further strengthen India’s position as a global startup powerhouse, and we remain committed to facilitating this transformation”.

by Mr. Amith Agarwal, Whole Time Director & CEO

“The recognition of agriculture as the first engine of growth and MSMEs as the second growth engine in the Union Budget 2025 reflects the government’s strategic vision for India’s economic development.

The comprehensive reforms announced, particularly the Prime Minister Dhan Dhanya Krishi Yojana, demonstrate a holistic approach to agricultural transformation through enhanced irrigation, credit access, and skill development across 100 agri districts, benefiting 1.7 crore farmers, while initiatives like the National Mission on High Yielding Seeds and Cotton Productivity Mission create a robust framework for sustainable agricultural growth.

As part of the StarAgri Group, we are well-positioned to support this proposed reform through our technology led integrated agricultural value-chain services such as procurement, trade facilitation, warehousing, collateral management, financing solutions, digital marketplace and technology based value added services, to farmers, traders, millers, processors and corporates. With our network of 2,189 warehouses which enables us to create and benefit from a networking effect and our technology driven integrated platform offering key services to the agricultural sector, we remain committed to redefining the agricultural landscape, providing transparency, efficiency, and security to all stakeholders involved.”

Bengaluru, 3rd February 2025: Titan Company Ltd., a leading retail conglomerate, is thrilled to announce the upcoming premiere of ‘Made in India – A Titan Story,’ a six-part series that delves into the brand’s extraordinary journey from its inception to becoming a symbol of Indian innovation and excellence. The series will premier exclusively on Amazon MX Player in 2025. This compelling series chronicles Titan’s remarkable journey from its inception to becoming one of India’s most iconic consumer brands.

Produced by Almighty Motion Picture and T-Series Films, the series is directed by Robbie Grewal and written by Karan Vyas. The stellar cast features renowned actors Naseeruddin Shah and Jim Sarbh, bringing depth and authenticity to this inspiring story. Adapted from Vinay Kamath’s acclaimed book, TITAN: Inside India’s Most Successful Consumer Brand, the series offers an intimate portrayal of Titan’s evolution. Through the visionary leadership of its first CEO, Xerxes Desai, and the embodiment of JRD Tata’s philosophy, the series highlights, how Titan navigated early challenges to achieve entrepreneurial success. The narrative captures pivotal moments, including the creation of the world’s slimmest watch, highlighting Titan’s commitment to innovation and excellence.

C.K. Venkataraman, Managing Director, Titan Company Ltd., expressed his enthusiasm, “Titan’s journey is a testament to the spirit of Indian entrepreneurship and the passion of everyone involved in building a brand that resonates with millions. We are excited to share our story with the world through this compelling series.”

Prabhleen Sandhu, Founder, Almighty Motion Pictures, the producer of the series, shared her sentiments, “It’s an honour to get an opportunity to tell such an important chapter of history. Titan’s story is one of perseverance and innovation, and we are proud to bring it to the screen.”

Bhushan Kumar, Founder, T-Series Films, also the producer of the series, added “We are honoured to present this prestigious project—ATitanStory,—an extraordinary narrative that brings to light one of India’s most treasured stories, one that truly deserves to be told in this era.”

Amogh Dusad, Head, Content – Amazon MX Player, said, “We are excited to bring our vision to life with this compelling story featuring talented cast. The story around the journey of Titan brand building is inspiring and would be a treat for the Amazon MX Player customers to watch and appreciate. We begin filming this soon and it’s a special project for all of us.”

Each episode will unveil the essence of Indian entrepreneurship and its pivotal role in shaping the nation’s spirit of innovation. The show will be premiering exclusively on Amazon MX Player in 2025.

Mr. Aditya Narayan Mishra, MD & CEO, CIEL HR Services Limited

The Union Budget 2025 aligns with the principles of fiscal discipline by reducing the deficit further. Secondly, it lays emphasis on innovation, skilling, and industrial growth. The push for AI Centers of Excellence, National Skilling Centers, and capacity expansion in institutions of higher education such as IITs, reflects a commitment to equipping the workforce for the evolving job market. Thirdly, investments in manufacturing, particularly in MSMEs and new technologies such as clean tech and MSMEs, alongside support for new technologies such as clean tech show a well-rounded approach to job creation and economic resilience. The focus on employment-led development is encouraging.

While the tax reforms will certainly boost consumer spending and influence market sentiment, the real transformation lies in the government’s commitment to skills development and job creation. The success of these initiatives will ultimately depend on how effectively we can bridge the skills gap and create an agile workforce ready for tomorrow’s opportunities.