Placed above is a satellite image of severe cyclone "NARGIS" and its predicted track as on 29Apr2008 at approx 1600hr.
This, as far as I know is the first one this season- many more will form in the Bay in the months ahead.
As per Indian Meteorological Dept:-
"Cyclonic Storm “Nargis” over southwest and adjoining southeast and west-central Bay of Bengal near Lat. 13.00 N and Long 85.50 E, about 550 Km east of Chennai, remained practically stationary and intensified into Severe Cyclonic Storm at 1430 hours IST of today afternoon, the 28th April 2008. The current meteorological analysis and Numerical Weather Prediction models suggest that the system is likely to intensify further and move in a northwesterly direction slowly for some more time. Thereafter, it is likely to recurve and move northeastwards."