• Hyundai to launch new Sonata in July
• Ministry of Company Affairs to prosecute Xerox Modicorp
• Labland Biotechs to supply jatropha saplings for Saudi Arabia
• Bajaj Auto working to develop four wheeled goods carrier
• Reliance Energy investment arm to pick up stake in Gini & Jony
• Veritas bags patent for FlashSnap
• Corporate Results: Bajaj Auto, BOC India

• Amended Money Laundering Bill approved by Parliament
• SC allows Mumbai mills to go ahead with land development
• Cabinet clears amendment of labour laws

• Rupee at 71 month high - G-Secs move up
• Yuan revaluation report causes rupee rally
• RBI: UCBs and listed companies to participate in repos
• T+1 settlement in G-Secs from May 24
• RBI: T-Bills auction fully subscribed
• Banking Results: State Bank of Mysore, J&K Bank, SBI, Bank of Rajasthan

MARKETS

• Satyam prices ADS at $21.50 per share
• Principal PNB launches Junior Cap fund
• Damodaran says BSE must aim at regaining market share
• Bajaj Hindusthan GDRs and FCCBs raise $100 mn