Azure Power CEO quits, stock sinks 41% on the NYSE https://ift.tt/ZwgK341 resignation comes at a time when closing of the company's accounts for FY22 has not been completed. In its statement to the SEC, Azure expressed inability to give a timeline for submission of its annual report on 'Form 20-F' for the financial year ending March 2022. "The company reiterates that it is working in close consultation with its advisers to close its annual accounts," it said.
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.
Comments
Post a Comment