Yahoo! News: India Top Stories - Reuters

Satyam head arrested, board scrapped (Reuters) Posted: 09 Jan 2009 07:00 PM CST Reuters - The chairman of Satyam Computer Services was arrested on Friday on charges of cheating and forgery, and the government dissolved the outsourcer's board as authorities moved to limit fallout from India's biggest corporate scandal.

India says not reached end of road on Mumbai attacks (Reuters) Posted: 10 Jan 2009 02:48 AM CST Reuters - India has not exhausted its diplomatic options in its attempt to bring the Mumbai attack plotters to justice and would take further steps only if Pakistan does not act, India's foreign minister said on Saturday.

The week that was: Most popular on Reuters (Reuters) Posted: 09 Jan 2009 11:26 PM CST Reuters - Here is a roundup of the most popular stories over the week from the world of business, politics, general news and entertainment.

Fuel crisis ends as strike falters (Reuters) Posted: 09 Jan 2009 10:12 AM CST Reuters - India's fuel crisis eased on Friday as a strike by oil sector workers ended on its third day after the government called in troops to load tankers and threatened to imprison union leaders.

Pakistan responds to Indian dossier; Biden arrives (Reuters) Posted: 09 Jan 2009 09:03 AM CST Reuters - Prime Minister Yousaf Raza Gilani said on Friday Pakistan had sent India a response to evidence from the Mumbai attacks as U.S. vice president-elect Joe Biden arrived on a trip aimed at easing tension in South Asia.

Wildcard Devvarman stuns Karlovic in Chennai (Reuters) Posted: 09 Jan 2009 10:55 AM CST Reuters - Indian wildcard Somdev Devvarman toppled world number 25 Ivo Karlovic to reach the semi-finals of the Chennai Open on Friday.

Bomb attack kills 1, wounds 5 in Assam (Reuters) Posted: 09 Jan 2009 10:20 AM CST Reuters - One person was killed and five others wounded on Friday when separatist militants triggered a powerful bomb blast in Guwahati, police and witnesses said.

Fierce Kashmir gunbattle ends as militants flee (Reuters) Posted: 09 Jan 2009 05:52 AM CST Reuters - A fierce gunbattle between government forces and Muslim militants holed up in icy Himalayan caves for nine days in Indian Kashmir has ended after about a dozen rebels escaped, the army said on Friday.

Govt scraps Satyam board, to appoint directors (Reuters) Posted: 09 Jan 2009 10:59 AM CST Reuters - The government on Friday dissolved the board of Satyam Computer Services and said it would appoint new directors as it sought to limit the fall out from India's biggest corporate scandal in memory.

Satyam chairman arrested on charges of cheating (Reuters) Posted: 09 Jan 2009 11:50 AM CST Reuters - The head of Satyam Computer was arrested on Friday on charges of cheating and forgery, a state police chief said on Friday, two days after the executive resigned from the outsourcer.

Legal action taken against Satyam chairman - police (Reuters) Posted: 09 Jan 2009 11:24 AM CST Reuters - Legal action has been taken against the disgraced chairman of Satyam Computer Services, a state police chief said on Friday, two days after the executive resigned from the outsourcer.

Satyam chairman asked to appear before SEBI (Reuters) Posted: 09 Jan 2009 09:00 AM CST Reuters - The chairman of India's embattled Satyam Computer has been asked to appear before Securities and Exchange Board of India (SEBI), the market regulator, on Saturday, his lawyer said on Friday, as the outsourcer battles a massive accounting fraud.

Satyam fraud puts its future in doubt; shares plunge (Reuters) Posted: 09 Jan 2009 08:17 AM CST Reuters - Satyam Computer Services' shares plunged to an 11-year low on Friday as analysts said India's biggest corporate scandal in memory called into question the future of the outsourcing firm.

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