NTPC Green Energy IPO subscribed 33% on Day 1 of offer; retail portion oversubscribed

NTPC Green Energy IPO subscribed 33% on Day 1 of offer; retail portion oversubscribed

NTPC Green Energy Ltd’s IPO subscribed one-third of the total shares being offered on the first day of the bidding. It received applications for 19,46,53,968 shares against the available 59,31,67,575 shares, according to the NSE data.The shares reserved for retail investors were oversubscribed, with almost 1.5 times what was offered, according to the data. Earlier,…

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Use of AI: MeitY readies voluntary ethics code for artificial intelligence firms

Use of AI: MeitY readies voluntary ethics code for artificial intelligence firms

The Ministry of Electronics and Information Technology is crafting these standards as informal guiding principles. (Image source: Freepik) Use of AI: The government is developing voluntary guidelines and ethical standards for organisations involved in artificial intelligence (AI) and generative AI operations, according to sources who spoke to ET.The Ministry of Electronics and Information Technology is…

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