Investors with high risk appetite may bet on TVS Supply Chain https://ift.tt/XgVRvlP company follows an asset light model by using leased warehouses. The company works with 72 Fortune 500 companies. Some of the clients include Daimler, Sony, Panasonic, Hero Moto, TVS and Hyundai Motor. The top 10 customers contributed 38.8% to the revenue in FY23. The company derives nearly 70% of revenue from overseas
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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