Ministry rules out mid-term fiscal correction
Senior finance ministry officials have ruled out the requirement for any mid-term fiscal correction immediately after the new government takes over in October.

Xerox asks 2 ModiCorp directors to go
Xerox Corporation has asked its minority joint venture partner ModiCorp to alter its board structure subsequent to which vice-chairman Raghu Murti and director Dilip Modi have stepped down from the board of ModiCorp.

Essar Steel may up authorised capital by Rs 1,000 crore
The Ruias are planning to raise the authorised share capital of beleaguered Essar Steel from Rs 600 crore to Rs 1,600 crore.

CORPORATE
Divestment panel opposes move to keep IOC out of IPCL selloff
Tisco's cold-rolling mill project to go on stream in June

ECONOMY
BJD drops few of last year's promises from poll manifesto
Growing Dalit consciousness sends parties clamouring for their votes

EXPRESSIONS
Fly in global growth
Tax liabilities on cross-border transactions

MARKETS
CBoT, Eurex may finalise strategic alliance, but fail to furnish details
Kochi pepper moves up

LEISURE
Multiplex -- To combat high demand for films
Nimbus got only Rs 11 lakh for its efforts