BPCL may hike stake in Numaligarh to 51%
The Bharat Petroleum Corporation (BPCL) is exploring the option of increasing its stake in the three-million-tonne Numaligarh refinery in Assam to 51% from 32%. The Rs 2,600-crore project is scheduled to be fully operational by end-May.

For drug firms, outsourcing is a pep pill
India Pharma Inc, plagued by wafer-thin margins in the price control-raj, is increasingly outsourcing key components in the business chain -- largely production and pieces of research.

Fiat charts vendor-chain plan for Palio to keep costs in check
Fiat Auto of Italy is working towards an ambitious vendor-development plan for the world car Palio, scheduled to make its debut in India next year.


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