Prasol Chemicals gets Sebi's nod to raise Rs 800 crore via IPO https://ift.tt/Lk4nlCp Chemicals, which filed its preliminary IPO papers with the regulator in April, obtained its "observation" letter on August 23, an update with the Securities and Exchange Board of India (Sebi) showed on Monday.
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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