Kotak Life’s ‘Viraasat Ban Ke Hi Rahegi’ Campaign: A New Era for Term Insurance in Indian Families
Mumbai, February 03, 2025 – Kotak Mahindra Life Insurance Company Ltd. (“Kotak Life”) has launched its latest campaign, ‘Viraasat Ban Ke Hi Rahegi’. This campaign aims to reframe the perception of term insurance by positioning it as a vital tool for securing one’s legacy (Viraasat).
Drawing from culture, India and Indian families are in an overdrive mode to build assets to leave behind a Viraasat for the stability and security of their families.
People are relentlessly working to save and build assets – whether it’s setting aside money, purchasing gold or buying a home. However, an essential aspect of this legacy creation is often overlooked; the need to protect the legacy building efforts against unforeseen circumstances.
Ashish Nair, CMO and Head – Customer Value Management and Health Tech, Kotak Mahindra Life Insurance said, “The Campaign ‘Viraasat Ban Ke Hi Rahegi’ speaks to the deep-rooted desire of every Indian to build a legacy for the security and comfort of their loved ones. However, life’s uncertainties can create gaps in these plans. With this campaign, we aim to redefine how term insurance is perceived—not just as a financial product, but as a powerful enabler that complements the efforts of legacy building by ensuring its continuity. It is in sync with our brand promise ‘Hum Hain… Hamesha,’ reflecting our commitment to standing by our customers at every step of their journey.”
The film showcases the protagonist’s dedication to saving and building assets for his family. However, in his journey, he overlooks a crucial question: What will happen to the process of building this Viraasat if an unforeseen event occurs? The film is brought to life by Rajkummar Rao, the brand ambassador of Kotak Life, who introduces Kotak Life’s Term Insurance Plans as a sensible and affordable solution that ensures the continuity of building one’s Viraasat
Heval Patel, COO at The Womb said, “Traditional term insurance messaging has centered around uncertainty. In this sea of sameness, we saw an opportunity to change the conversation by focusing on what truly drives consumers—their desire to build a Viraasat. By reframing term insurance as a tool to protect this process of Virasaat building, we’ve given the category a fresh and compellingperspective.”
FUJIFILM India Debuts Future-Ready Printing Solutions at Printpack India 2025
Greater Noida, 3rd February 2025: FUJIFILM India – a leader in imaging technology launched innovative product lines at 16th Printpack India 2025. The launches included addition to versatile Revoria Press™ family and the high-performance Apeos 4620 SX/SZ multifunction devices. The Revoria Press™ lineup introduced four mid to mid-high range production presses, including the five-color EC2100S and SC285S models, and the four-color EC2100 and SC285 models, offering compact designs, exceptional speed, and high-quality printing. Meanwhile, the Apeos 4620 SX/SZ monochrome devices, designed for efficient A4 service counter operations, deliver exceptional performance at 46 pages per minute.
The new Revoria Press™ EC2100S, with a high-speed output of 100 pages per minute, caters to commercial printing, jobbers, and the photo market. The SC285S and SC285 models, printing at 85 pages per minute, are ideal for jobbers, photo books, and short-run proofing. These compact presses deliver exceptional image quality using Vertical Toner Development Technology, LED Print Head Technology, and Revoria Flow RIP with Super EA Eco Toner. Supporting paper weights from 52 to 400 GSM and sizes from 90 x 146 mm to 330 x 1,300 mm, they handle various media types, including coated, uncoated, and textured papers. The optional Smart Monitoring Gate D1 ensures real-time color correction and alignment, maintaining print quality and productivity.
The Apeos 4620(SZ / SX)are compact devices ideal for placement on service counters in various organizations such as Small & Medium Businesses, shops, Hotels, government agencies and hospitals. They offer high-resolution 1,200 x 1,200dpi image printing at a rapid speed of 46 pages per minute 3. Compared to other A4 devices of the same speed range 4, printing speed is increased by 15%, ensuring efficiency improvements in the customers’ workflows, particularly in scenarios that demand quick responses to clients, such as at customer service counters.
Mr.Koji Wada, Managing Director of FUJIFILM India, expressed his excitement, “At FUJIFILM India, we are committed to delivering innovative products and solutions that embody our Group purpose of ‘Giving Our World More Smiles.’ By blending diverse ideas, unique capabilities, and extraordinary people, we aim to create solutions that bring joy and smiles to the world. Our commitment to innovation and excellence drives us to deliver solutions that meet the evolving needs of the digital printing market. With these new launches Graphic Communications and Device Technology Business, we aim to enhance productivity, versatility, and color precision, ensuring our customers stay ahead in a competitive landscape.”
Mr. Priyatosh Kumar, Associate Director and Head of Graphic Communication & Device Technology, FUJIFILM India, “We are thrilled to unveil the Revoria Press™ series and Apeos 4620 SX/SZ devices, representing the pinnacle of our printing technology. These products combine cutting-edge features with unmatched quality, enabling businesses to produce high-impact prints with greater efficiency. As demand for high-quality, versatile printing solutions grows, these innovations ensure our customers have the tools to excel in a fast-paced, dynamic industry.”
1. Revoria PressTM EC2100S / SC285S (available to both products)
- Equipped with a one-pass five-color print engine, one specialty toner can be used in addition to the CMYK toners. Full range of support functions are available for easy utilization of specialty colours.
- The Vertical Toner Development technology help to enhance the print quality and stability in the continuous printing and enables 5 color printing within a space saving design.
- A variety of specialty toners are available in, Clear, Pink, and textured paper toner. A variety of more metallic colors will also be available soon.
- Automatic conversion of RGB & CMYK files into five colors of CMYK+Pink and enhancing the gamut and vibrancy of the colors on the Revoria FlowTM.
- Designs can be created while checking the expression of speciality colors with the Speciality Color Viewer function. Users can save time, money & effort for test printing with this.
- Users can easily change the specialty toner in about 10 minutes.
2. Revoria PressTM EC2100S / EC2100/ SC285S / SC285 (available to all four products)
- High Image Quality with compact LED printhead and high-resolution print at 2400 dpi.
- Increase work productivity through high-speed printing. The Revoria PressTM EC2100S prints at 100 pages per minute while the Revoria PressTM SC285S / SC285 print at 85 pages per minute with consistent speed on 52GSM to 400GSM.
- Versatile media handling for a wide range of applications.
- The compact belt-roll fuser enables an enhanced transfer technology for high-quality printing on textured paper.
- Equipped with an Air Suction Feeder that ensures reliable feeding of coated paper, which tends to stick to the paper. The Static Eliminator D1*6 removes static electricity from film paper and other static-sensitive printing paper, enabling the reduction of adhesion between sheets of paper for work efficiency.
- The machine also supports paper output such as envelopes, water-resistant paper, and cardboard for packaging.
- Smart Monitoring Gate D1 detects color variation and front-to-back misalignment during printing, enabling automatic correction in real time to maintain high print quality without compromising on productivity and allows the customer to print intelligently and effortlessly.
- The Revoria PressTM EC2100S will be compatible with Revoria FlowTM EC21. Similarly, the Revoria PressTM SC285S / SC285 will be compatible with Revoria FlowTM SC21 / SC22 servers. Users can also choose from the several options of Fiery print servers to meet their needs.
Apeos 4620 SX/SZ:
- High productivity of monochrome prints at 46 pages per minute with compact size
- High resolution printing of 1,200 x 1,200 dpi
- Maximum paper capacity input up to 1,390 sheets
- The Apeos 4620(SZ / SX)enables the simultaneous scanning of both sides of a document through a single pass of the scanning area of multifunction devices with One-Pass Duplex Scanning
- The Apeos 4620 SX equips 5.0 inch color touch panel & whereas Apeos 4620 SZ is equipped with 3.5 inch color touch panel.
- The Automatic Document Feeder can hold up to 80 sheets of A4 for continuous copying and scanning
Grand Vasant Panchami Festivities Light Up Societies in Greater Noida
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.
Semiconductor Market Reaches 18% Growth in 2024, Says Gartner
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)
2024 Rank | 2023 Rank | Vendor | 2024 Revenue | 2024 Market Share (%) | 2023 Revenue | 2024-2023 Growth (%) | |||||||
1 | 2 | Samsung Electronics | 66,524 | 10.6 | 40,942 | 62.5 | |||||||
2 | 1 | Intel | 49,189 | 7.9 | 49,117 | 0.1 | |||||||
3 | 5 | NVIDIA | 45,988 | 7.3 | 25,053 | 83.6 | |||||||
4 | 6 | SK hynix | 42,824 | 6.8 | 23,027 | 86.0 | |||||||
5 | 3 | Qualcomm | 32,358 | 5.2 | 29,225 | 10.7 | |||||||
6 | 12 | Micron Technology | 27,843 | 4.4 | 16,123 | 72.7 | |||||||
7 | 4 | Broadcom | 27,641 | 4.4 | 25,613 | 7.9 | |||||||
8 | 7 | AMD | 23,948 | 3.8 | 22,307 | 7.4 | |||||||
9 | 8 | Apple | 18,880 | 3.0 | 18,052 | 4.6 | |||||||
10 | 9 | Infineon Technologies | 16,001 | 2.6 | 17,022 | -6.0 | |||||||
Others (outside top 10) | 274,775 | 43.9 | 263,483 | 4.3 | |||||||||
Total Market | 625,971 | 100.0 | 529,964 | 18.1 |
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.”
Sheela Foam Standalone December 2024 Net Sales at Rs 791.21 crore, up 54.33% Y-o-Y
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
Consolidated Financial Performance
Sheela Foam’s growth in Q3 FY25 is backed by the festive season of the country – the mattress business comprising Sleepwell and Kurlon brand clocked volume growths 24% on YoY basis. The company received tremendous response for its newly launched range of mattress featuring Sleepwell Pro FitRest and Kurl-on Ortho Magic. The new products were instrumental in driving consumer engagement and sales volumes. Online segment recoded significant growth and market share gain for Sheela Foam, now the second largest selling online mattress company in the country. Other business segments also delivered strong performance driven by deeper penetration into industrial applications e.g. furniture, automotive, footwear, lingerie, and ancillary markets.

Management Commentary
Mr. Rahul Gautam, Executive Chairman, Sheela Foam Limited, stated, “The strategic actions to streamline synergy is culminating into the charted growth trajectory of Sleepwell and Kurlon brands, registering robust volume & value growth in both online and online channels.” Mr. Tushaar Gautam, Managing Director, Sheela Foam Limited, added, “With the successful Integration of Kurlon, the company is on the path of accruing benefits. This is a result of our clear strategy and strong transformation capabilities along with efficient execution.”
Panasonic Energy India Company releases Q3 results
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.
Budget provides a big boost to NBFCs, with a special focus on MSMEs
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.
Budget 2025: ArisInfra on Construction & Supply Chain Growth
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.”
Budget 2025: Dev Accelerator on Startup & Tech Growth
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”.
Budget 2025: StarAgri on Agri-Tech & MSME Growth
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.”