NCLAT paves way for NTPC's Jhabua buy https://ift.tt/Kfx71l8 Monday, the adjudicating authority rejected Gautam Thapar-promoted Avantha Group's claim that NTPC is ineligible to acquire the distressed thermal power unit due to defaults by its affiliate companies - Ratnagiri Gas and Power (RGPPL) and Konkan LNG.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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