Yahoo! News: India Top Stories - Reuters

Satyam stake to expand software unit - L&T (Reuters) Posted: 26 Jan 2009 10:24 PM CST Reuters - Engineering and construction firm Larsen & Toubro Ltd is looking to expand its software unit by trebling its stake in fraud-hit Satyam Computer Services Ltd, Larsen Chairman A.M. Naik said on Tuesday.

RBI holds key rates, cuts growth forecast (Reuters) Posted: 27 Jan 2009 12:51 AM CST Reuters - The Reserve Bank of India (RBI) left its short-term rates and banks' cash reserve requirements unchanged on Tuesday as it waited to gauge the impact of its aggressive easing since mid-October to stem a sharp economic downturn.

Fears for civilians as Sri Lanka troops, Tigers fight (Reuters) Posted: 27 Jan 2009 12:39 AM CST Reuters - Sri Lanka's military battled on Tuesday to encircle the last territory held by the separatist Tamil Tigers, as fears grew over the safety of hundreds of thousands of people trapped in the war zone.

Roddick into Melbourne semis after Djokovic quits (Reuters) Posted: 27 Jan 2009 01:52 AM CST Reuters - Novak Djokovic's defence of his Australian Open title ended prematurely on Tuesday when the Serb was forced to retire from his quarter-final against Andy Roddick after the third game of the fourth set.

Dhoni has faith in Indian spin attack (Reuters) Posted: 26 Jan 2009 08:55 AM CST Reuters - India will miss the injured Harbhajan Singh but have two spinners who can make their mark in Sri Lanka, captain Mahendra Singh Dhoni said on Monday.

India boosts Pakistan envoy's security after threat (Reuters) Posted: 26 Jan 2009 02:38 AM CST Reuters - India has stepped up security for the Pakistani High Commissioner to the country after he received an email threatening him, officials said on Monday, amid tensions between the two neighbours over the Mumbai attacks.

U.N. says civilians killed as Sri Lanka battle rages (Reuters) Posted: 26 Jan 2009 03:22 PM CST Reuters - Sri Lankan troops surged forward on Monday after seizing the last big town held by Tamil Tiger rebels, aiming to strike a death blow to the 25-year separatist insurgency, the military said.

Indian shares rise 2 pct early, RBI rate awaited (Reuters) Posted: 26 Jan 2009 10:49 PM CST Reuters - Indian shares rose 2 percent early on Tuesday, led by Reliance Industries and Infosys Technologies, as investors awaited the central bank's rate review at 11:15 a.m.

RBI sees downside risk to growth (Reuters) Posted: 26 Jan 2009 07:56 AM CST Reuters - The Reserve Bank of India (RBI) said on Monday the balance of risks on the growth outlook for Asia's third-largest economy had tilted towards the downside due to the global slowdown and deterioration in world financial markets.

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