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Allahabad Bank to restructure its subsidiary AllBank Finance
Allahabad Bank is restructuring its financial services subsidiary, AllBank Finance Ltd, to widen its operations, currently limited to merchant banking services and allied fee-based activities like distribution of mutual funds.

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Don't forget the home ground
News reports in business dailies, including this one, tell us almost every day that India and Asia continue to grow at a robust rate. While developed nations are still suffering from the effects of the recession, India and most of Asia are clocking impressive growth rates.

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Modi holds all-party meeting on swine flu
Gujarat Chief Minister Narendra Modi today held an all-party meeting to discuss an action plan for tackling deadly swine flu, which has already claimed two lives in the state.
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DGH bellows innocence through newspaper ads

Facing allegations of approving Reliance Industries’ inflated gas field costs that could hurt government revenue, oil regulator, the Directorate General of Hydrocarbons (DGH), today launched an advertisement campaign, saying the exchequer would get $16.57 billion, compared to $9.5 billion for the company. - CBI looking into allegations against oil regulator - RIL-RNRL row: DGH defends itself through ad campaign - RIL threatens to pull out of exploration - Anil Ambani"s new charge against DGH, RIL - MoU on gas supply never approved by board: RIL - GAIL study to suggest uniform gas pricing models DGH, through full-page advertisements, said the capital expenditure at RIL’s KG-D6 field had gone up from $2.47 billion to $8.8 billion due to a three-fold rise in plant capacity, doubling of output, 16 additional wells and a host of other facilities.


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