ALLAHABAD BANK LIKELY TO GROUP BRANCHES INTO SBUs
Article Abstract:
Under its proposed restructuring exercise, Allahabad Bank headquartered in Calcutta, is planning to group its branches into strategic business units (SBUs). These SBUs will be identified as separate profit centres and will have separate profit and loss accounts. The bank has a branch network of 1,877 offices spread all over India. In 1997-98 the bank's net profit had doubled to touch Rs129.21 crore. (gs)(psr)
Comment:
Under its proposed restructuring exercise, Allahabad Bank headquartered in Calcutta, is planning to group its branches into strategic business units (SBUs).
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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SEARLE MAY CHANGE NAME TO RPG LIFE SCIENCE IN APRIL
Article Abstract:
Searle India of the RPG group is expected to change its name to RPG Life Science with effect from April 1, 1999. The company may get a new logo but will continue to use the Searle logo and name on its products due to its strong brand equity. The company has signed an agreement with GD Searle for permission to extend its licence on 8 Searle products for another 50 years. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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