• Tatas plan supercomputer venture
• RCoVL's to raise $1bn from overseas markets
• Spice to raise funds from DBS consortium
• RIL to set up bio-diesel refining plant
• Shree Cement Q4 net up 191 per cent
• Tata in JV with Brazilian company to build buses
• Sahakari Bhandar to be managed by Reliance
• BHEL achieve record power output through generating sets
• SC to hear Reliance`s airport plea on June 1
• Hyundai to launch LCV, small diesel car

GENERAL

• India aims for pan-Asian FTAs
• Forex reserves rise by $3.41bn
• Ministry to examine A-G report on Balco valuation
• Foreign tourist arrivals up 14.4 per cent
• Oil PSU executives threaten strike: demand pay hike
• Railway income to rise to Rs.20,000-cr in 2007

• Reliance Petro IPO allotment completed
• Air Deccan scales down IPO size to Rs.400 crore
• Spice Telecom may float IPO

• Warner Music loses money on lawsuits as digital music sales soar
• U.S. economy adds fewer though better paying jobs