COMPANIES

• Central Coalfields targets 42 mt output for current fiscal
• Starbucks Coffee mulling India launch
• Hind Lever divests Quest stake for Rs.54-cr
• ITC earnings up 36 pc in Q4
• ICC tribunal asks VSNL to allow access to FLAG
• IL&FS Investment closes initial offer of the Pan Asia Project Development fund
• Apollo Tyres to come up with 1:6 rights, public issue
• IOC loses Rs.100-cr daily on fuel sales
• IOC Q4 FY06 net at Rs.4031-cr
• Godrej Q4 net down 12 pc, to pay Rs.5 a share
• RCF net up at Rs.80-cr in Q4

GENERAL

• Monsoon hits Kerala coast six days in advance
• Exports up 27 pc in April
• Inflation moves up to 4.32 pc
• CII welcomes formation of Raksha Udyog Ratnas for Defence sector

• FIIs net buyers in F&O's to the tune of Rs.1,017-cr
• Sebi backs off on Karvy order
• NSE stock quotes to be available on cellphones
• Deccan Aviation IPO over-subscribed
• NSE, BSE revise STT rates

• Morning trades: Asian indices rally
• Wall Street rallies - Indian ADRs zoom
• The London Times daily edition to launch in U.S. from June 6
• Yahoo! and eBay join forces
• Arcelor in bear hug with Severstal
• Enron chiefs face life in jail
• Edouard Michelin dies in shipwreck