Punjab National Bank to revamp PNB Capital, seeks partners
PNB is in the process of restructuring its asset management company, PNB Capital, and is open for any alliances for revival.

Centre likely to re-cap weak banks, says Talwar
The Centre is examining possibilities for re-capitalisation of the three weak banks Indian Bank, UCO Bank and United Bank of India Reserve Bank of India's Deputy Governor SP Talwar said on Wednesday.

US delegation assesses Indian economic, political environment
A six-member delegation of US senators and congressmen was here on a quiet one-week visit between December 7 to 14.


  Surplus foodgrains in FCI godowns fail to reach starving masses
  Gross state borrowings for this fiscal pegged at Rs 11,250 crore
  General Insurance gears up for re-insurance market
  ICAI proposes new accounting norms
  Planning panel clears Upper Krishna Stage II
  Market Round-up
  Nod for Turkmenistan Airlines raises eyebrows
  Hinduja Fin ropes in BankAm, Andersen for 12% pvt placement
  Powergrid violated norms in awarding contracts -- ADB
  Sicom, UWB ink deal on board representation
  Executive briefing
  Nepal economy yet to recover from IA hijacking
  Vajpayee's statement has weakened consensus in the country
  Dawn of 3G era may be delayed by consumers
  Sinha moves fiscal responsibility bill
  Foreign insurance brokerage firms want 49% stake in Indian ventures
  Maharashtra to peg Plan size at Rs 13,000 cr
  Shourie promises openness in disinvestment process
  Exporters to get excise, customs refund within 5 days
  Finance panel recommends setting up of incentive fund