Securities and Exchange Board of India, Sebi, suggested revisions for big Initial Public Offerings. The proposal includes increasing the allocation limit for institutional buyers. It also suggests reducing the share reserved for retail investors. For IPOs exceeding ₹5,000 crore, retail allocation may decrease to 25%. Institutional buyer allocation may increase to 60%.
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