Yahoo! News: India Top Stories - Reuters

Narendra Modi becomes India Inc poster boy (Reuters) Posted: 15 Jan 2009 04:53 AM CST Reuters - Two powerful industrialists have pitched for Gujarat chief minister Narendra Modi to be India's next leader, a sign of how the controversial Hindu nationalist is gaining momentum going into this year's elections.

Size matters for Indian soccer federation (Reuters) Posted: 15 Jan 2009 01:28 AM CST Reuters - that's the new mantra for talent scouts in Indian soccer.

Inflation at 11-month low, rate cut possible (Reuters) Posted: 15 Jan 2009 03:52 AM CST Reuters - Indian inflation fell more than expected to an 11-month low in early January giving the Reserve Bank room to cut rates at its month-end policy review, but some analysts said it may hold off after aggressive recent moves.

Veteran filmmaker Tapan Sinha dead (Reuters) Posted: 15 Jan 2009 03:16 AM CST Reuters - Filmmaker Tapan Sinha, a master storyteller best known for his children's films, died on Thursday, his family said. He was 84.

Pakistan says 124 arrested in wake of Mumbai attacks (Reuters) Posted: 15 Jan 2009 05:13 AM CST Reuters - Pakistan said on Thursday security forces had closed five training camps run by Lashkar-e-Taiba, the group blamed for the Mumbai attack, and arrested 124 of its leaders and those of a related charity.

Satyam has not sought any govt financial help - min (Reuters) Posted: 15 Jan 2009 01:41 AM CST Reuters - Satyam Computer Services Ltd has not sought any financial help from the government and the new board is working on reviving the company, Corporate Affairs Minister Prem Chand Gupta said on Thursday.

Inflation seen at 3-4 pct by March - official (Reuters) Posted: 15 Jan 2009 12:40 AM CST Reuters - Inflation in India is likely to fall to an annual 3-4 percent by March, the economic affairs secretary said on Thursday.

Satyam shares sink as govt bailout talk dashed (Reuters) Posted: 14 Jan 2009 11:38 PM CST Reuters - Shares of Satyam Computer tumbled as much as 30 percent on Thursday after one of its directors dashed investor hopes for a government bailout of the fraud-stricken firm.

BSE Sensex falls 4 pct; Satyam tumbles, techs down (Reuters) Posted: 15 Jan 2009 01:08 AM CST Reuters - The BSE Sensex fell more than 4 percent on Thursday as global economic gloom deepened and triggered renewed risk aversion, while Satyam plunged as much as 30 percent after investor hopes for a government bailout of the fraud-stricken outsourcer were dashed.

India add extra test to New Zealand tour (Reuters) Posted: 14 Jan 2009 11:17 PM CST Reuters - India have added an extra test and Twenty20 international to their tour of New Zealand, which starts next month.

Govt not planning Satyam bailout for now - official (Reuters) Posted: 15 Jan 2009 12:34 AM CST Reuters - The government is not at the moment considering any financial bailout package for fraud-hit Satyam Computer Services Ltd, Economic Affairs Secretary Ashok Chawla said on Thursday.

India army says Pakistan deployed troops on border (Reuters) Posted: 14 Jan 2009 02:14 PM CST Reuters - India's army chief said on Wednesday Pakistan had deployed extra troops along their common border since the Mumbai attacks but India had not responded in kind.

India look to Devvarman with hope (Reuters) Posted: 14 Jan 2009 09:20 PM CST Reuters - A positive attitude, strong legs and practice sessions with Andy Roddick have turned Somdev Devvarman into the new hope of Indian tennis.

For kids in "Slumdog" slum, life is not as upbeat (Reuters) Posted: 14 Jan 2009 06:07 AM CST Reuters - In Nehru Nagar, the teeming Mumbai slum featured in the Golden Globe-winning film "Slumdog Millionaire", the only music heard is on tiny radio sets and the young boys have no ambition to appear on quiz shows.

Police arrest former Hizbul Mujahideen chief (Reuters) Posted: 14 Jan 2009 07:27 AM CST Reuters - Former chief and founder member of Kashmir's largest militant group Hizbul Mujahideen was arrested on Wednesday, dealing a blow to the insurgency in the disputed Himalayan region, police said.

Corruption likely as crisis bites - Transparency (Reuters) Posted: 14 Jan 2009 07:45 AM CST Reuters - Companies and their employees are more likely to resort to poor business practices, cutting corners and corruption to try and survive the global economic crisis, watchdog Transparency International warns.

BSE Sensex falls 4 pct, Satyam dives 30 pct (Reuters) Posted: 14 Jan 2009 10:55 PM CST Reuters - Indian shares fell 4 percent early on Thursday, tracking falling global markets and a deepening banking crisis in the United States, while Satyam Computer tumbled as much as 30 percent on a newspaper report there was no plan for a government bailout.

Police recover human skulls in southeast Nepal (Reuters) Posted: 14 Jan 2009 06:08 AM CST Reuters - Nepali police have recovered a mysterious consignment of parts of human skulls packed in bags in southeast Nepal near the border with India, police said on Wednesday.

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