NHPC IPO fully subscribed in an hour

The much-awaited initial public offer
of state-run NHPC allured investors and was fully subscribed within an hour of the opening of the issue on Friday.

No plans to change NIF guidelines: Finmin

Ruling out any plans to restructure the National Investment Fund (NIF), the government on Friday said the proceeds from disinvestment of the NHPC and Oil India Limited (OIL) will be credited to the NIF.