Yahoo! News: India Top Stories - Reuters

Govt vows to end fraud as Satyam scandal shocks (Reuters) Posted: 08 Jan 2009 03:37 AM CST Reuters - India vowed to strengthen laws to prevent corporate fraud after Satyam Computer, the country's fourth-largest software company, shocked investors by revealing profits had been falsely inflated for years.

Pakistan cleared Mumbai gunman news - ex-adviser (Reuters) Posted: 08 Jan 2009 03:26 AM CST Reuters - Pakistan's security agencies had authorised confirmation the surviving Mumbai gunman was Pakistani, the former national security adviser said on Thursday, adding he was sacked because the prime minister had been out of the loop.

Strike hits India's fuel supply, delays flights (Reuters) Posted: 08 Jan 2009 02:14 AM CST Reuters - India's energy supply was squeezed further and flights delayed at the country's busiest airport as a strike by officials at state-run oil companies that dominate domestic fuel supply entered a second day.

PM sees 7 pct econ growth this fiscal year (Reuters) Posted: 08 Jan 2009 12:35 AM CST Reuters - India's economy is expected to grow 7 percent in the fiscal year to March 2009 despite the global slowdown, and will maintain a "strong pace" of expansion in coming years, the Prime Minister said on Thursday.

Mumbai-like attack could happen in U.S. - Bush aide (Reuters) Posted: 08 Jan 2009 12:00 AM CST Reuters - U.S. cities are vulnerable to an attack like the gun-and-grenade assault that terrorized Mumbai for three days and killed 179 people, the White House homeland security adviser said on Wednesday.

Low blood oxygen on Everest offers treatment hope (Reuters) Posted: 07 Jan 2009 07:23 PM CST Reuters - A team of British doctors conducting experiments in the "Death Zone" of Mount Everest has recorded the lowest levels of blood oxygen in humans, far below those of critically ill patients.

Mumbai gunman "has links to Pakistan" - minister (Reuters) Posted: 07 Jan 2009 09:17 AM CST Reuters - The lone surviving gunman captured after November's militant attacks in Mumbai has links to Pakistan, a Pakistani government minister said on Wednesday, after media reported he was Pakistani.

Govt culls poultry in Darjeeling after bird flu (Reuters) Posted: 07 Jan 2009 08:08 AM CST Reuters - Veterinary workers culled poultry in Darjeeling on Wednesday after a fresh H5N1 bird flu outbreak, officials said.

Pakistan PM dismisses national security adviser (Reuters) Posted: 07 Jan 2009 11:57 AM CST Reuters - Pakistan Prime Minister Yousaf Raza Gilani dismissed his national security adviser Mehmood Ali Durrani on Wednesday following weeks of tension with India in the aftermath of an attack by militants on Mumbai.

Oil strike may hit pumps in 2 days - IOC (Reuters) Posted: 08 Jan 2009 01:57 AM CST Reuters - India may face a shortage of petrol and diesel in two days if the strike at state-run oil firms continues, Indian Oil Corp's director for marketing, G.C. Daga, said.

Govt may cut fuel prices by about 10 pct by Jan-end (Reuters) Posted: 07 Jan 2009 05:41 AM CST Reuters - The government may cut prices of petrol, diesel and cooking gas by around 10 percent by the end of this month, the oil minister, Murli Deora, told reporters on Wednesday.

Satyam to hold news conference at 5 PM (Reuters) Posted: 07 Jan 2009 11:22 PM CST Reuters - Satyam Computer will hold a news conference at 5:00 PM on Thursday, a spokeswoman said, a day after the firm's chairman quit after disclosing that profits had been falsely inflated for years.

Pietersen resigns as England captain (Reuters) Posted: 07 Jan 2009 12:13 PM CST Reuters - Kevin Pietersen has resigned as England captain, the player confirmed in a statement on Wednesday.

Tumbling Satyam drags Indian shares down 7 pct (Reuters) Posted: 07 Jan 2009 06:26 AM CST Reuters - Shares in Satyam Computer Services plunged more than three-fourth on Wednesday after the Indian outsourcer said it had overstated profits for many years, dragging Indian shares to their first loss in the new year.

India upgrading fighters for strike capabilities (Reuters) Posted: 07 Jan 2009 05:49 AM CST Reuters - India is upgrading its MiG-27 fighters to sharpen their strike capabilities, officials said on Wednesday, even as experts say the recent Mumbai attacks have exposed the country's need to modernise its defence forces.

Iraq, India, Mexico deadliest for media - report (Reuters) Posted: 07 Jan 2009 11:48 AM CST Reuters - Iraq remained the deadliest country for media workers in 2008, followed by India and Mexico, although the number of deaths was down sharply from the previous year, a study showed.

SEBI launches probe in Satyam matter (Reuters) Posted: 07 Jan 2009 07:49 AM CST Reuters - The Securities and Exchange Board of India (SEBI) said on Wednesday it has ordered an investigation into Satyam Computer Services after the outsourcer's chairman said profits had been falsely inflated profits and resigned.

SCENARIOS - What next after India presents Mumbai evidence? (Reuters) Posted: 07 Jan 2009 06:44 AM CST Reuters - India presented a dossier of material to Pakistan this week which it said showed that Pakistani militants carried out the November attacks in Mumbai that killed 179 people.

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