Flysbs Aviation’s IPO is set to open on Friday. Investor interest is high, indicated by a strong grey market premium. The IPO aims to raise Rupees 102.53 crore through a fresh issue of shares. The company plans to use the funds for aircraft acquisition and debt repayment. Flysbs Aviation focuses on private jet operations.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries