Yahoo! News: India Top Stories - Reuters

Gold futures recover on weak rupee (Reuters) Posted: 20 Feb 2009 12:24 AM CST Reuters - India's gold futures recovered in early trade on Friday on a weak rupee, after having struck a new all-time high in the previous session, analysts said.

Govt to provide resources to boost demand - Mukherjee (Reuters) Posted: 20 Feb 2009 12:41 AM CST Reuters - The government will provide additional resources to stimulate demand and more help to key sectors such as housing, infrastructure and real estate, Finance Minister Pranab Mukherjee said on Friday.

Lockheed eyes share of India defence upgrade (Reuters) Posted: 19 Feb 2009 10:05 PM CST Reuters - U.S.-based Lockheed Martin Corp, one of the world's largest defence companies, says it is aiming for deals with India worth $15 billion in the next five years.

L&T says studying Satyam decision (Reuters) Posted: 20 Feb 2009 12:15 AM CST Reuters - Larsen & Toubro, the largest shareholder in Satyam Computer Services, said it will review a decision to allow the fraud-hit outsourcer to increase shares on issue and sell a stake before making its next move.

Lawyers torch police station in Chennai (Reuters) Posted: 19 Feb 2009 11:59 PM CST Reuters - Lawyers set fire to a police station in Chennai and 20 police were injured in clashes on Thursday after the arrest of legal counsel sympathetic to Sri Lankan rebels, police said.

Earthquake jolts Kashmir, no casualties reported (Reuters) Posted: 19 Feb 2009 11:15 PM CST Reuters - An earthquake jolted parts of Pakistani and Indian Kashmir on Friday but there were no immediate reports of casualties or damage, according to Pakistani officials, though the quake was felt in the capital Islamabad.

U.N. launches talks to expand Security Council (Reuters) Posted: 19 Feb 2009 12:16 PM CST Reuters - After a decade and a half of backroom argument, the world's nations launched talks on Thursday on expanding the powerful U.N. Security Council from 15 members to reflect present-day realities.

Disgraced ex-skipper Azharuddin joins politics (Reuters) Posted: 19 Feb 2009 07:54 AM CST Reuters - Former India captain Mohammad Azharuddin, banned for life from cricket in 2000 following the match-fixing scandal, entered politics on Thursday.

Confident Satyam will find investor soon - min (Reuters) Posted: 19 Feb 2009 09:45 AM CST Reuters - India's corporate affairs minister said on Thursday he was confident the new board of directors of fraud-hit Satyam Computer Services would prepare a plan to induct a strategic investor shortly.

Satyam gets approval for stake sale, share issue (Reuters) Posted: 19 Feb 2009 09:47 AM CST Reuters - Satyam Computer Services won approval on Thursday to bring on board a strategic investor with the financial and management clout needed to ensure the survival of the fraud-hit outsourcer.

Pakistani Islamists ask Taliban for peace in Swat (Reuters) Posted: 19 Feb 2009 04:14 AM CST Reuters - A radical Muslim cleric sent emissaries to his Taliban son-in-law on Thursday to seek peace in Pakistan's Swat valley after earlier prising an offer from the government to restore Islamic law to the region.

Former Satyam directors asked to disclose assets (Reuters) Posted: 19 Feb 2009 06:01 AM CST Reuters - India's Company Law Board, which is probing the fraud at Satyam Computer Services, has asked three former directors of the outsourcer to disclose their assets to the board by March 31, a senior board official said on Thursday.

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