Indian Oil extends marketing options to Kuwait Petroleum Corporation
The Indian Oil Corporation has offered Kuwait Petroleum Corporation (KPC), its partner in the Rs 8,000-crore east coast refinery, the option of marketing products either through a new joint venture company or through IOC's existing infrastructure.

FIPB likely to take up Pfizer proposal on fully-owned subsidiary this week
Pfizer Inc's proposal to set up a 100% subsidiary in India may be listed for consideration by the Foreign Investment Promotion Board (FIPB) this week, three weeks after it was deferred for hearing on July 26.

M&M sets up arm to customise vehicles
Mahindra and Mahindra is making a foray into vehicle redesigning and customising. The multi-utility vehicles major has set up a wholly-owned subsidiary, Mahindra Autospecialities Ltd, to undertake customising and redesigning jobs.

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