Azad Engineering IPO allotment soon. Check date, GMP and other details https://ift.tt/x8kleib are positive about the company over its strong financial track record and superior outlook on growth. "We expect Azad to trade at a premium to peers post the listing," said Nirmal Bang.
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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