Startup Funding

NSE IPO proxy play! Why smallcap IFCI shares jumped 26% in just 1 week

IFCI shares have surged 26% in a week as expectations rise over Sebi potentially approving NSE’s long-delayed IPO this month. The NBFC holds an indirect stake in NSE through SHCIL, whose 4.4% stake is valued at about Rs 23,000 crore. Investor interest has also boosted unlisted NSE shares and lifted BSE stock.

Startup Funding

Budget 2026: Revamping auto PLI can unlock EV growth, says Deloitte India

Deloitte India has said targeted changes to the automobile PLI scheme in the upcoming Budget could ease cost pressures on EV makers, widen participation and accelerate green mobility, citing challenges around localisation norms, investment thresholds and GST structure.

Startup Funding

Lumio Vision 7, Vision 9 Smart TVs Go on Sale on Flipkart With Republic Day Offers

Lumio has expanded its retail presence in India by listing its Lumio Vision smart TVs on Flipkart during the Republic Day Sale. The Vision 7 and Vision 9 4K TV lineup, previously available on Amazon, is offered in multiple screen sizes with limited-period discounts on Flipkart. Sale prices start at Rs. 21,999 for the Vision 7 series and go up to Rs. 47,999 for the Vision 9 model. The TVs feature QLED and Mini-LED panels, Dolby Vision and Atmos support, and integrated smart connectivity features.