Yahoo! News: India Top Stories - Reuters

IBM unlikely to bid for Satyam stake - sources (Reuters) Posted: 06 Mar 2009 04:00 PM PST Reuters - IBM is unlikely to bid for Satyam Computer Services Ltd as the advantage of expanding in India is outweighed by the legal and financial risks related to Satyam's accounting scandal, according to people familiar with the matter.

Pakistan threatening to become failed state - India (Reuters) Posted: 06 Mar 2009 02:05 PM PST Reuters - Home Minister Palaniappan Chidambaram said Pakistan was threatening to become a failed state and it was not clear who was in control of the country, the Press Trust of India (PTI) reported on Friday.

Dalai Lama fears "explosion of violence" in Tibet (Reuters) Posted: 06 Mar 2009 01:16 PM PST Reuters - Tibet's exiled spiritual leader has said he fears violence could break out at any moment in the region, a year after protests against Chinese rule erupted into riots.

One killed, 40 hurt in Kashmir clash (Reuters) Posted: 06 Mar 2009 12:05 PM PST Reuters - One person was killed and at least 40 wounded on Friday in Kashmir when police fired bullets and teargas to quell protesters demanding the release of a senior separatist leader, police said.

Lashkar-e-Taiba denies involvement in Lahore attack (Reuters) Posted: 06 Mar 2009 08:15 AM PST Reuters - Pakistan-based militant group Lashkar-e-Taiba (LeT) on Friday denied involvement in the attack on the Sri Lankan cricket team in Lahore, saying it was the "handiwork" of Indian agencies.

India renews criticism of "Buy American" drift (Reuters) Posted: 06 Mar 2009 08:05 AM PST Reuters - Finance Minister Pranab Mukherjee said the Obama administration's massive stimulus plan will restrict trade and weaken efforts to beat the global slump, renewing criticism of what it considers a drift toward protectionism.

Amitabh Bachchan says won't campaign in elections (Reuters) Posted: 06 Mar 2009 06:51 AM PST Reuters - Bollywood actor and former MP Amitabh Bachchan said on Friday he would not campaign for any party during the upcoming general elections.

Miandad wants ICC to ban referee Broad (Reuters) Posted: 06 Mar 2009 06:38 AM PST Reuters - Former Pakistan captain Javed Miandad wants the International Cricket Council (ICC) to ban match referee Chris Broad for criticising security after Sri Lanka's team were attacked by gunmen in Lahore on Tuesday.

Pakistani police say making progress on attackers (Reuters) Posted: 06 Mar 2009 04:40 AM PST Reuters - Pakistani authorities said on Friday they were making progress in the investigation of this week's attack on Sri Lanka's cricket team as suspicion settled on home-grown militants.

Satyam gets nod to sell 51 pct; suitors cautious (Reuters) Posted: 06 Mar 2009 12:08 AM PST Reuters - Fraud-hit Satyam Computer Services won regulatory approval to sell a majority stake in itself, but suitors said there was still uncertainty about the Indian company's accounts and liabilities.

ELECTION EYE - Poll puts Congress alliance ahead (Reuters) Posted: 05 Mar 2009 10:57 PM PST Reuters - The following is a snapshot of recent developments in India's general election campaign. The source of each report is put in brackets.

ICICI Bank cuts India home loan rates by 25-50 bps (Reuters) Posted: 06 Mar 2009 01:14 AM PST Reuters - Private sector lender ICICI Bank has cut its home loan rates by 25-50 basis points for new customers effective immediately, a spokesman said on Friday.

Funds delay threatens to knock out Indian boxing tournament (Reuters) Posted: 05 Mar 2009 11:48 PM PST Reuters - Poor financial planning and governmental red tape is casting a shadow over an international boxing competition in India, and stoking fears about the nation's ability to stage the Commonwealth Games next year.

CNN's Gupta withdraws name for U.S. surgeon general (Reuters) Posted: 05 Mar 2009 07:32 PM PST Reuters - CNN medical correspondent Dr. Sanjay Gupta said on Thursday that he withdrew his name from consideration for U.S. surgeon general to focus more on his family and career as a surgeon.

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