{"id":287969,"date":"2019-08-21T05:02:03","date_gmt":"2019-08-21T05:02:03","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287969"},"modified":"2019-08-21T05:17:55","modified_gmt":"2019-08-21T05:17:55","slug":"cg-power-tanks-20-after-co-recognises-unauthorized-transactions-by-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cg-power-tanks-20-after-co-recognises-unauthorized-transactions-by-staff\/","title":{"rendered":"CG Power tanks 20% after Co recognises &#8216;unauthorized transactions&#8217; by staff"},"content":{"rendered":"<p>Shares of CG Power &amp; Industrial Solutions were locked in the lower circuit band of 20 per cent at Rs 14.75 on the BSE on Tuesday after the company recognised &#8220;unauthorised transactions&#8221; and related financial irregularities in the company. <\/p>\n<p>\u201cWhile working on one of its priority tasks of seeking refinancing of certain facilities and as a part of conducting financial analysis in this regard, the operations committee (Ops Committee) was made aware of some unauthorised transactions by certain employees of the company,\u201d CG Power said in a regulatory filing while announcing fiscal results for 2018-19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of CG Power &amp; Industrial Solutions were locked in the lower circuit band of 20 per cent at Rs 14.75 on the BSE on Tuesday after the company recognised &#8220;unauthorised transactions&#8221; and related financial irregularities in the company. \u201cWhile working on one of its priority tasks of seeking refinancing of certain facilities and as a part of conducting financial analysis in this regard, the operations committee (Ops Committee) was made aware of some unauthorised transactions by certain employees of the company,\u201d CG Power said in a regulatory filing while announcing fiscal results for 2018-19.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-287969","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287969"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287969\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}