Top execs of PTC India Finance responsible for governance lapses: Sebi https://ift.tt/8qQ3Uph Securities and Exchange Board of India (SEBI) has found PTC India Financial Services' top officials, Rajib Mishra and Pawan Singh, responsible for corporate governance lapses in its investigation. The company's directors had resigned previously citing serious governance lapses and accusing the chairman and CEO of running the company affairs single-handedly.
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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