03 March 2025: PVR INOX, India’s leading multiplex chain, is set to transport cinephiles back in time with an unforgettable cinematic experience. In a heartfelt tribute to the legendary Sharmila Tagore, PVR INOX is bringing another one of her most celebrated Bollywood films, Aradhana, restored in 4K on February 28th a week after the re-release of her Bengali film, Nayak, directed by Satyajit Ray. This special showcase commemorates her remarkable journey in cinema as she turned 80 on December 8th last year.

Sharmila Tagore carved a distinctive path in Indian cinema, beginning with her early performances in Bengali films before transitioning to Hindi cinema, where she redefined the role of the film heroine. With a career spanning decade, she remains a cultural icon whose performances and unconventional choices continue to inspire generations of cinephiles.

Satyajit Ray’s Nayak, that re-released on February 21st, is a thought-provoking masterpiece that explores the intricacies of fame and personal reflection. Starring Uttam Kumar alongside Sharmila Tagore, the film remains timeless in its exploration of a celebrity’s inner world. Tagore’s portrayal of a journalist who questions the true nature of stardom stands as one of her most compelling performances. Following this, on February 28th, audiences will get to relive the magic of Aradhana, presented in a stunning 4K restored version by the National Film Archive of India (NFAI). A landmark in Hindi cinema, Aradhana captivated audiences with its unforgettable music and emotionally resonant story, cementing Tagore’s status as a leading star. This re-release marks the film’s 46th anniversary, bringing it back to where it belongs—the big screen.

Niharika Bijli, Lead Strategist at PVR INOX, added, ” Sharmila Tagore is not just a name in Indian cinema; she is a sentiment, a presence that has shaped our love for storytelling. Whether it was the quiet strength of her characters or the sheer elegance she brought to every frame, her work remains as captivating today as it was decades ago. With the re-release of Nayak and Aradhana, we hope to give audiences a chance to experience that magic once again, to sit in a theatre and witness history unfold through her unforgettable performances.”

Beyond her cinematic achievements, Sharmila Tagore has remained a cultural icon, influencing generations with her timeless fashion and artistic choices. By re-releasing Nayak and Aradhana, PVR INOX invites movie lovers to revisit and celebrate the legacy of an actress who has continually pushed the boundaries of storytelling and performance.

New Delhi, March 03, 2025 – Elista, one of India’s fastest-growing consumer technology brands, is making a strategic foray into the storage solutions segment with the launch of the ELS 2.5” SATA SSD and ELS PCIe M.2 NVMe SSD. This expansion aligns with Elista’s ambitious growth vision, targeting a strong foothold in both domestic and international markets. Capitalizing on the surging demand for data storage solutions, Elista aims to establish itself as a key player in the category.

Strengthening its innovation-led portfolio, Elista’s latest SSD range combines blazing-fast speeds, superior durability, and advanced flash memory technology, catering to the evolving needs of professionals, gamers, and high-performance computing users.

Speaking on Elista’s expansion into the storage category, Mr. Saket Gaurav, Chairman and Managing Director, Elista, said, “As technology evolves, so do the needs of consumers. Whether for work, gaming, or content creation, faster and more reliable storage is essential. At Elista, we are committed to delivering cutting-edge technology that enhances user experiences. Our new SSD range is designed to offer superior performance, energy efficiency, and reliability—empowering consumers with world-class storage solutions at accessible prices. With this launch, we aim to bridge the gap between affordability and high-end performance, reinforcing our position as a brand that caters to the evolving digital lifestyle of tech-savvy consumers of India.”

ELS SATA 2.5” SSD: A Power-Packed Upgrade for Everyday Users

The Elista ELS 2.5” SATA SSD is an ideal upgrade for users looking to enhance their system’s speed and efficiency. Featuring SATA III interface and high read/write speeds, this 2.5” SSD ensures faster boot times, reduced application load times, and seamless multitasking. Built with 3D NAND technology, it delivers higher reliability and power efficiency compared to traditional hard drives. Available in multiple capacities, it caters to users with different storage needs, from basic computing to heavy-duty applications.

ELS PCIe M.2 NVMe SSD: Unmatched Speed for High-Performance Users

For professionals, gamers, and creators who demand lightning-fast speeds, the Elista ELS PCIe M.2 NVMe SSD delivers next-level performance, significantly outperforming traditional SSDs. Equipped with PCIe Gen 3.0×4 interface and an advanced SMI controller, this SSD provides ultra-fast data access, making it perfect for video editing, gaming, and high-end computing. Designed for durability, it features error correction technology, wear-leveling algorithms, and a low power consumption design, ensuring both performance and longevity.

Elista SSDs Availability

Both the Elista ELS SATA SSD and ELS PCIe NVMe SSD will be available at Elista’s robust network of official authorized retailers across the country. The SSDs come with a 5-year warranty, ensuring long-term reliability. With this launch, Elista continues to expand its footprint in the technology sector, providing affordable yet high-performance solutions that meet the growing demands of India’s digital-first consumers.

New Delhi, 3rd March 2025: Suhora Technologies, a leading India-based space data analytics company today announced that it has been selected for the IN-SPACe Seed Fund Grant-in-Aid under the ‘Announcement of Opportunity for the Marine Sector using Space Technology’.

The announcement of opportunity in Marine Sector using Space Technologies under the IN-SPACe Seed Fund Scheme was made on July 16, 2024, to harness and drive a new era of growth of blue economy using the power of space technology. IN-SPACe received a total of 45 proposals which were meticulously scrutinized by expert committee consisting of space luminaries. The aim of the scheme is to promote solutions for improvement in ocean monitoring and mapping, enhancing maritime surveillance, and supporting disaster response efforts in coastal communities.

Suhora Technologies is revolutionizing Earth Observation (EO) and geospatial analytics by integrating cutting-edge satellite imagery with advanced data analytics. The company delivers Satellite-as-a-Service solutions, integrating multiple streams of technologies across both space and terrestrial domains. Suhora’s platform enhances Maritime Domain Awareness through its SaaS-based Tasking, Exploitation, and Dissemination system, etc., enabling seamless multi-sensor integration, automated analytics, and near real-time insights. These capabilities are essential for ocean monitoring and mapping, enhancing maritime security, improving situational awareness and supporting disaster response efforts in coastal communities.

Powered by a cutting-edge AI pipeline, Suhora’s solutions are able to optimize satellite orbit dynamics for enhanced imaging capacity while providing smart tip-and-cue tasking for precision monitoring. The automated AI alerting engine from the company detects dark ships, AIS anomalies, and illegal maritime activities, ensuring near real-time situational awareness. With unmatched detection and classification capabilities, their system delivers speed, reliability, and scalability for mission-critical intelligence.

Speaking on this achievement, Amit Kumar, COO & Co-Founder, Suhora Technologies said, “We are honored to be recognized by IN-SPACe for this crucial seed fund grant. Space technology has immense potential to transform maritime operations and with this funding, we aim to develop solutions that will contribute to a secure, sustainable, and prosperous blue economy. This will enable us to accelerate our R&D capabilities and expand the deployment of our maritime intelligence solutions”

The announcement by IN-SPACe comes at a time when downstream applications in space technology are taking precedence in multiple sectors and the government and defence sector is also adopting these applications to enhance efficiencies in various domains. According to the ISpA-nasscom-Deloitte report, the market for downstream spacetech segment is expected to reach ~USD 610 billion by 2031. Maritime Domain Awareness is one of the key strategic use cases for the Defence-Space industry under the Intelligence, Surveillance and Reconnaissance (ISR) domain.

In its endeavor to develop the private space ecosystem and promote space technology in the country, IN-SPACe announced the Seed Fund Scheme in December 2023. The scheme is designed to support space start-ups and micro & small industries (MSEs), those aim to develop innovative space products and services that can improve the quality of life of people and communities in India and around the world. The sector-wise announcement of opportunity is being carried out at regular intervals.

Bengaluru, March 3, 2025: The 43rd edition of the Knight Frank – NAREDCO Real Estate Sentiment Index Q4 2024 (October–December 2024) report reflects cautious optimism among real estate stakeholders. Both the Current and Future Sentiment Scores remain above the optimistic threshold of 50 but have corrected downward from the previous quarter, influenced by global economic shifts and stakeholder concerns regarding economic growth. The Current Sentiment Index Score declined to 59 in Q4 2024, down from 64 in Q3 2024, indicating a measured adjustment. Similarly, the Future Sentiment Score corrected to 59 in Q4 2024, compared to 67 in the previous quarter. Despite these corrections, both current and future sentiments remain firmly in the optimistic zone, underscoring continued confidence in the sector’s long-term prospects.

The residential market outlook in Q4 2024 sustains optimism with a 59% response rate for an expected rise in residential prices, while 38% of the stakeholders anticipate an increase in sales. A notable portion of 41% anticipated rise in residential launches.

The office market outlook exhibits buoyancy on all key parameters – leasing, supply and rent – as the stakeholders remain confident about the performance of this asset class in the next six months.

The quarterly Knight Frank-NAREDCO report captures the current and future sentiments towards the real estate sector, as well as economic conditions and funding availability as perceived by the supply-side stakeholders and financial institutions. A score of 50 represents a neutral view or status quo; a score above 50 demonstrates a positive sentiment; and a score below 50 indicates a negative sentiment.

Current and Future Sentiment Scores

Sentiments of Developers and Non-Developers

Developer Future Sentiment has adjusted downwards to 58 in Q4 2024 from 65 in Q3 2024.  This shift reflects a cautious yet forward-looking perspective as developers respond to evolving market and economic indicators.

Non-developer stakeholders (including banks, financial institutions, and PE Funds) have revised their outlook slightly to 60 in Q4 2024. This cautious optimism reflects a balanced anticipation of challenges and opportunities in the upcoming months.

Shishir Baijal, Chairman and Managing Director, Knight Frank India, said, “The Real Estate Sentiment Index, while remaining in the optimistic zone, reflects a measured sense of caution. This moderation is driven by evolving geopolitical dynamics and domestic economic conditions. Global economic policy shifts, particularly changes in U.S. tariff regimes, along with a slowdown in domestic growth, have led the real estate sector to adopt a more cautious stance. In the coming quarters, developers and investors are expected to maintain a wait-and-watch approach, aiming to sustain the momentum the sector has built over the past few years.” Residential market outlook

The future sentiment for the residential market remains in the optimistic territory though confidence in residential launches has moderated, with 32% of respondents now expecting a decline in new launches in the first and second quarter of CY 2025, a significant denudation in sentiments from just 4% in Q4 2023.

A comparable trend is seen in residential prices, while 88% of respondents maintain that prices will increase or remain stable, the share of respondents anticipating a decline in prices is 12% in Q4 2024, rising from 1% in Q4 2023. This growing caution among stakeholders reflects a more measured outlook on the residential market. In the Q4 2024 future Sentiment survey, 38% of the respondents expect residential sales to increase, and 23% predicted stability. This demonstrates steady confidence in the market, with overall sentiment pointing towards moderation. In Q4 2024, 41% of survey respondents opined that residential launches will improve, while 28% indicated stability. 59% of the survey respondents in Q4 2024 expect residential prices to increase, supported by consistent demand and limited inventory in prime markets.

Residential sentiment remains resilient

Hari Babu, President-NAREDCO, said, “The Q4 2024 Sentiment Index report highlights a cautious optimism in the residential sector, with stakeholders adopting a more measured approach. While the decline in sentiment scores is notable, it’s essential to recognize that the scores remain firmly in the optimistic zone. The moderation in residential launches, sales, and prices is a reflection of the prevailing economic and market conditions. However, it’s heartening to note that the office market continues to demonstrate resilience, driven by strong leasing momentum and rental growth. I believe it’s crucial for developers and stakeholders to be adaptable and responsive to changing market conditions. We must focus on creating sustainable and affordable housing options that cater to the evolving needs of homebuyers. Despite the short-term challenges, I remain optimistic about the long-term prospects of the Indian real estate sector. With the government’s focus on infrastructure development and housing for all, I am confident that the sector will continue to grow and thrive in the years to come.”

Office market outlook

The office outlook strengthened further on all three parameters (leasing, new office supply and rent) as survey respondents remained confident about this sector’s long-term potential. Stakeholders opined that India’s office market demand will bolster in the first half of 2025.

In Q4 2024, 64% of survey respondents expect office leasing to improve, driven by positive corporate sentiments and continued recovery in demand. 41% of respondents predicted an increase in office supply, indicating stability in continued sector growth ,while 64% of the survey respondents expect office rents to increase, driven by growing demand of high-quality office spaces.

Office Market Sentiment

Economic Scenario

Based on the survey findings, 54% of respondents have a positive outlook on the economic scenario. This marks a significant decline from Q4 2023 when 90% of respondents expressed optimism about India’s economic growth. The tempered sentiment can be attributed to recent downward revisions in GDP projections, rupee depreciation, and other macroeconomic factors. Consequently, 46% of respondents exhibit a moderated optimism regarding India’s economic resilience and growth potential.

Furthermore, 39% anticipate an increase in funding availability, reflecting a more cautious confidence compared to 57% in Q4 2023. Notably, the proportion of respondents expecting a decrease in funding has risen to 12% in Q4 2024, up from 6% in Q4 2023. This underscores the fact that while investors continue to recognize the sector’s long-term potential—as indicated by the non-developer overall future sentiment index score—stakeholders are likely to have a more cautious stance in the next 6 months.