Vinod Adani part of promoter Group: Adani Group to bourses https://ift.tt/1Ev2dgD clarification comes in the wake of Hindenburg Research alleging in its January report that Dubai-based Vinod Adani was responsible for creating and managing a network of offshore shell entities meant for stock parking, market manipulation and laundering money to aid the group in dressing up its financial position.
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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