Yahoo! News: India Top Stories - Reuters

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• Facebook boosts privacy controls amid criticism (Reuters)
• BP says tricky deep-sea oil plug plan on track (Reuters)
• Air India employees call off strike after court order (Reuters)
• Cabinet OKs plan to hasten state firm sales (Reuters)
• American boy says climbing Everest harder than thought (Reuters)
• Telcos raise 3G funds, RBI assures on liquidity (Reuters)
• Mourinho looms large as Real ditch Pellegrini (Reuters)
• Tata Steel sees demand surge, posts net loss in FY10 (Reuters)
• Two county players approached to fix games, says ECB (Reuters)
• Blowin' in northeast - Bob Dylan mania (Reuters)
• Mahindra eyes global electric car entry with Reva buy (Reuters)
• India fears Games venues will not be ready (Reuters)
• Spain tipped for World Cup glory by economists (Reuters)
• StanChart $580mln India issue covered 10 pct on day 2 (Reuters)
• BSE Sensex logs best gains in two weeks (Reuters)
• Indian tourists giving Australia destinations a miss (Reuters)
• Bharti expects to close Zain deal soon - spokesman (Reuters)
• Once revered, Nepal's ex-king struggles with no electricity (Reuters)
• Gold demand stays weak as prices hit record (Reuters)
• OECD sees BRIC economies powering ahead in 2010-11 (Reuters)

Facebook boosts privacy controls amid criticism (Reuters) Posted: 26 May 2010 03:59 PM PDT Reuters - Facebook is beefing up privacy protections on the world's most popular online social network, addressing mounting pressure to better secure personal data exchanged among its nearly 500 million members.

BP says tricky deep-sea oil plug plan on track (Reuters) Posted: 26 May 2010 05:20 PM PDT Reuters - BP Plc said an ambitious deep-sea operation to choke off a gushing oil leak in the Gulf of Mexico was proceeding as planned on Wednesday, while President Barack Obama cautioned Americans there was no guarantee it would work.

Air India employees call off strike after court order (Reuters) Posted: 26 May 2010 07:55 AM PDT Reuters - A strike at Air India, the country's beleaguered national carrier, ended on Wednesday following a Delhi High Court order urging employees to resume duties and intervention by the government, officials said.

Cabinet OKs plan to hasten state firm sales (Reuters) Posted: 26 May 2010 06:35 AM PDT Reuters - The cabinet approved a plan to speed up the sale of stakes in state-owned companies as the government aims to make nationalised companies more responsive to markets as well as cutting the fiscal deficit.

American boy says climbing Everest harder than thought (Reuters) Posted: 26 May 2010 06:56 AM PDT Reuters - A 13-year-old American boy, who became the youngest climber to conquer Mount Everest said on Wednesday climbing the world's highest mountain was hard but a rewarding feeling.

Telcos raise 3G funds, RBI assures on liquidity (Reuters) Posted: 26 May 2010 09:48 AM PDT Reuters - Mobile carriers scrambled to secure funds to pay for 3G licences and the Reserve Bank of India (RBI) moved to calm fears of a cash crunch after an auction of high-speed mobile spectrum raised $14.3 billion, nearly double the government's target.

Mourinho looms large as Real ditch Pellegrini (Reuters) Posted: 26 May 2010 01:52 PM PDT Reuters - Jose Mourinho was poised to become Real Madrid coach on Wednesday after the Spanish giants sacked Manuel Pellegrini.

Tata Steel sees demand surge, posts net loss in FY10 (Reuters) Posted: 26 May 2010 09:38 AM PDT Reuters - Tata Steel Ltd warned on Wednesday that rising raw material costs and the euro zone's debt crisis could crimp profit growth from reviving global demand.

Two county players approached to fix games, says ECB (Reuters) Posted: 26 May 2010 11:56 AM PDT Reuters - Two English county cricketers have reported approaches from bookmakers, the England and Wales Cricket Board (ECB) said on Wednesday.

Blowin' in northeast - Bob Dylan mania (Reuters) Posted: 26 May 2010 01:48 AM PDT Reuters - To Bob. Wherever you are.

Mahindra eyes global electric car entry with Reva buy (Reuters) Posted: 26 May 2010 03:32 AM PDT Reuters - India's leading utility vehicle maker, Mahindra & Mahindra, agreed to buy a 55 percent stake in pioneering electric car maker Reva, aiming to be a significant player in the global electric vehicle industry.

India fears Games venues will not be ready (Reuters) Posted: 26 May 2010 06:26 AM PDT Reuters - Construction delays have raised fears that Commonwealth Games venues may not be fully ready in time providing a potential embarrassment for India which hopes the Games will showcase its rising economic power.

Spain tipped for World Cup glory by economists (Reuters) Posted: 26 May 2010 07:35 AM PDT Reuters - Spain are favourites to be crowned World Cup champions, narrowly ahead of Brazil, according to a global field of 74 soccer fan economists polled by Reuters.

StanChart $580mln India issue covered 10 pct on day 2 (Reuters) Posted: 26 May 2010 08:06 AM PDT Reuters - British bank Standard Chartered's India share sale to raise up to about $580 million was 10 percent covered on its second day, with most bids at the low end of the price band, reflecting weak interest for new issues.

BSE Sensex logs best gains in two weeks (Reuters) Posted: 26 May 2010 05:00 AM PDT Reuters - The BSE Sensex rose the most in two weeks, bouncing 2.3 percent on Wednesday and tracking a rally in global equities as investors hunted for bargains after the main index fell to its lowest close in three-and-a-half months in the previous session.

Indian tourists giving Australia destinations a miss (Reuters) Posted: 26 May 2010 12:30 AM PDT Reuters - A spate of attacks on Indian students in Australia last year has rattled travellers from the subcontinent, with up to 30 percent fewer tourists opting to take the trip Down Under.

Bharti expects to close Zain deal soon - spokesman (Reuters) Posted: 26 May 2010 06:08 AM PDT Reuters - Bharti Airtel is "progressing well" in getting approvals for its $9 billion buy of Kuwaiti telecom Zain's African assets, a spokesman for the Indian firm said on Wednesday, expecting the deal to close soon.

Once revered, Nepal's ex-king struggles with no electricity (Reuters) Posted: 26 May 2010 12:10 AM PDT Reuters - Once worshipped as a divine incarnation, Nepal's deposed king Gyanendra says he is spending his days in darkness like many ordinary citizens because of the frequent power outages in his impoverished country.

Gold demand stays weak as prices hit record (Reuters) Posted: 26 May 2010 02:31 AM PDT Reuters - India gold demand stayed weak for a second day on Wednesday as prices hit a record high tracking overseas markets, where safe-haven buying supported the yellow metal, dealers said.

OECD sees BRIC economies powering ahead in 2010-11 (Reuters) Posted: 26 May 2010 02:48 AM PDT Reuters - China, India, Brazil and Russia are powering ahead, the Organisation for Economic Cooperation and Development said on Wednesday, revising upwards its growth outlook for all four largest emerging economies.

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